{"id":71780,"date":"2020-01-22T15:48:57","date_gmt":"2020-01-22T15:48:57","guid":{"rendered":"https:\/\/mvlstockbrokers.com\/?p=71780"},"modified":"2020-01-22T15:48:58","modified_gmt":"2020-01-22T15:48:58","slug":"residents-of-port-royal-must-own-development-pm","status":"publish","type":"post","link":"https:\/\/mvlstockbrokers.com\/index.php\/2020\/01\/22\/residents-of-port-royal-must-own-development-pm\/","title":{"rendered":"Residents of Port Royal Must Own Development \u2013 PM"},"content":{"rendered":"\n<p>Prime Minister, the Most Hon. Andrew Holness, says the Port Royal Development project is being pursued in a \u201cvery holistic way\u201d with the participation and support of residents, who must own the development.<\/p>\n\n\n\n<p>\u201cWe cannot displace the people who live in Port Royal; they must become a part of the development,\u201d he said.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>\u201cThey must become defenders of the development, they must be a part of the prosperity that will come, and they must become wardens of the investment, wardens of the environment and wardens of peace in the area,\u201d Mr. Holness added.<\/p>\n\n\n\n<p>He was addressing the opening of the Caribbean Infrastructure Forum on Tuesday (January 21) at the AC Hotel by Marriott in New Kingston.<\/p>\n\n\n\n<p>The Port Royal Development aims to transform the historic town into a thriving centre for tourism and includes construction of a cruise ship terminal, revitalisation of Fort Charles, building of a museum, among other works. There will also be improvements in the housing stock, water system, roadways and drainage network.<\/p>\n\n\n\n<p>The town welcomed its first cruise ship on Monday (January 20).<\/p>\n\n\n\n<p>The Prime Minister said that the appropriate technology will be employed as part of the development, to protect the environment and the heritage sites.<\/p>\n\n\n\n<p>He noted that investment has been made in the installation of an environmentally friendly floating pier known as a SeaWalk to accommodate large cruise ships.<\/p>\n\n\n\n<p>\u201cThe ships are moored off the coast and the SeaWalk extends to the ship, and that ship doesn\u2019t come anywhere close to the sunken city or any other sensitive environmental asset in the area,\u201d he explained.<\/p>\n\n\n\n<p>The Prime Minister said that the investment \u201cwill also include works to build a seawall and raise the foundations of buildings that we are putting in. We will, within Port Royal, remove houses that are at risk and place them in safer places\u201d.<\/p>\n\n\n\n<p>\u201cSo the truth is that the investment in Port Royal is not just going to create economic value but it is going to ultimately protect the environment and improve the lives of the people,\u201d Prime Minister Holness added.<\/p>\n\n\n\n<p>The two-day Caribbean Infrastructure Forum has attracted participants from the region\u2019s energy market for discussion, interaction and exchange of ideas.<\/p>\n\n\n\n<p>It is being hosted by the Development Bank of Jamaica (DBJ) and Jamaica Promotions Corporation (JAMPRO).<\/p>\n\n\n\n<p><em>January 22, 2020<br> Written by: Tanesha Mundle<br> Photo: Yhomo Hutchinson<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Prime Minister, the Most Hon. Andrew Holness, says the Port Royal Development project is being pursued in a \u201cvery holistic way\u201d with the participation and support of residents, who must own the development. \u201cWe cannot displace the people who live in Port Royal; they must become a part of the development,\u201d he said.<\/p>\n","protected":false},"author":4,"featured_media":71781,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4,29,6],"tags":[],"class_list":["post-71780","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investments","category-policies","category-wealth"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Residents of Port Royal Must Own Development \u2013 PM - MVL Stockbrokers<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/mvlstockbrokers.com\/index.php\/2020\/01\/22\/residents-of-port-royal-must-own-development-pm\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Residents of Port Royal Must Own Development \u2013 PM - MVL Stockbrokers\" \/>\n<meta property=\"og:description\" content=\"Prime Minister, the Most Hon. Andrew Holness, says the Port Royal Development project is being pursued in a \u201cvery holistic way\u201d with the participation and support of residents, who must own the development. \u201cWe cannot displace the people who live in Port Royal; they must become a part of the development,\u201d he said.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/mvlstockbrokers.com\/index.php\/2020\/01\/22\/residents-of-port-royal-must-own-development-pm\/\" \/>\n<meta property=\"og:site_name\" content=\"MVL Stockbrokers\" \/>\n<meta property=\"article:published_time\" content=\"2020-01-22T15:48:57+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-01-22T15:48:58+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mvlstockbrokers.com\/wp-content\/uploads\/2020\/01\/CARIF4-2-1100x720-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1100\" \/>\n\t<meta property=\"og:image:height\" content=\"720\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Contact MVL\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Contact MVL\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/mvlstockbrokers.com\\\/index.php\\\/2020\\\/01\\\/22\\\/residents-of-port-royal-must-own-development-pm\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/mvlstockbrokers.com\\\/index.php\\\/2020\\\/01\\\/22\\\/residents-of-port-royal-must-own-development-pm\\\/\"},\"author\":{\"name\":\"Contact MVL\",\"@id\":\"https:\\\/\\\/mvlstockbrokers.com\\\/#\\\/schema\\\/person\\\/2275e5caf4b097d021cddcbcbbbb367c\"},\"headline\":\"Residents of Port Royal Must Own Development \u2013 PM\",\"datePublished\":\"2020-01-22T15:48:57+00:00\",\"dateModified\":\"2020-01-22T15:48:58+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/mvlstockbrokers.com\\\/index.php\\\/2020\\\/01\\\/22\\\/residents-of-port-royal-must-own-development-pm\\\/\"},\"wordCount\":395,\"publisher\":{\"@id\":\"https:\\\/\\\/mvlstockbrokers.com\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/mvlstockbrokers.com\\\/index.php\\\/2020\\\/01\\\/22\\\/residents-of-port-royal-must-own-development-pm\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mvlstockbrokers.com\\\/wp-content\\\/uploads\\\/2020\\\/01\\\/CARIF4-2-1100x720-1.jpg\",\"articleSection\":[\"Investments\",\"Policies\",\"Wealth\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/mvlstockbrokers.com\\\/index.php\\\/2020\\\/01\\\/22\\\/residents-of-port-royal-must-own-development-pm\\\/\",\"url\":\"https:\\\/\\\/mvlstockbrokers.com\\\/index.php\\\/2020\\\/01\\\/22\\\/residents-of-port-royal-must-own-development-pm\\\/\",\"name\":\"Residents of Port Royal Must Own Development \u2013 PM - 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