Original disclosure @ IFC website
Updated in EWS May 5, 2022
Disclosed by Bank Jun 15, 2022
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IFC will provide transaction advisory services to the Government of Jamaica (GoJ) and the National Road Operating and Construction Company (NROCC), through the Ministry of Economic Growth and Job Creation (MEGJC), to structure and implement a competitive tender process to mobilize a private operator that will design, build, finance, and operate three brownfield roads.
EXPECTED DEVELOPMENT IMPACT
The project is expected to mobilize private sector investment to improve, upgrade, operate, and maintain three brownfield roads on the North Coast Corridor of Jamaica aiming to (i) increase the quality and safety of services for the users and (ii) improve links to the major tourist centers of Montego Bay and Ocho Rios, thus facilitating the expansion of the country’s tourism and hospitality sectors.
The investment amount was not available at the moment of the snapshot. The only information available was: "Estimated Total Budget Pending (Project budget includes all project-funded activities)".
ACCESS TO INFORMATION
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ACCOUNTABILITY MECHANISM OF IFC/MIGA
The Compliance Advisor Ombudsman (CAO) is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an IFC or MIGA- financed project. If you submit a complaint to the CAO, they may assist you in resolving a dispute with the company and/or investigate to assess whether the IFC is following its own policies and procedures for preventing harm to people or the environment. If you want to submit a complaint electronically, you can email the CAO at CAO@worldbankgroup.org You can learn more about the CAO and how to file a complaint at http://www.cao-ombudsman.org