Gov’t to divest more underutilised state-owned assets


Prime Minister Andrew Holness, says that the Government intends to divest more underutilised state-owned assets.

He said that the objective is to create greater space for spending on hospitals, schools, roads, national security, infrastructure and housing, pay down debt, among other things.

The Prime Minister was speaking at Wigton Windfarm Limited’s Initial Public Offering (IPO) Investor Briefing held at the Montego Bay Convention Centre in Rose Hall, St. James on Friday.

Jamaicans will have the opportunity to purchase shares in Wigton when the IPO opens on April 17 and closes on May 1.