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Source - JIS

Finance and the Public Service Minister, Hon. Audley Shaw, said that three major international investors have expressed interest in the development of the Vernamfield Airfield in Clarendon into an aerotropolis.

He said the investors – two from China and the other from Europe – have indicated that they are willing to invest between US$2 billion and US$3 billion in the project.

 

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 Source- Nationwide Radio

Finance Minister Audley Shaw is calling on banks and other lending institutions to reduce their interest rates. Interest rates at some lending institutions are more than 15-percent. Mr. Shaw says interest rates should not exceed six percent.

 

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The following is the text of the presentation by the Minister of Finance and the Public Service, Audley Shaw at the launch of Sygnus Capital Limited on Wednesday, July 12, 2017 at the Porsche Centre in New Kingston.

 

Good evening. It is truly a pleasure to address you at the launch of your new financial firm. This is indeed a bold step and I congratulate your team on their vision to provide the local financial landscape with additional products that will no doubt lead to an even more vibrant space.

 

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