Jamaica - Acquire Port Authority of Jamaica (PAJ) Land

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Procedure

Apply In-Person

1. To purchase the Port Authority of Jamaica (PAJ) land by either lease or sale, in terms of an Unsolicited Expressions of Interest i.e., not in terms of advertised property by the PAJ, you can submit your complete application to the PAJ office for processing.
2. Once you have identified a property that you are interested in, prepare a business plan and write an unsolicited expression of interest (EOI) addressed to the PAJ’s Chief Executive Officer
3. Submit your EOI along with the business plan to the PAJ’s office in person or you can send it via their email address to the address provided in the “Office Locations and Contacts” section below
4. Upon receiving your application, the PAJ will verify your application and send you feedback regarding receipt of your application
5. You will be required to conduct a valuation on the property you are interested in using a certified property valuator and submit a purchase offer to the PAJ based on the valuation of the property
6. Upon submitting your purchase offer, the PAJ will review it by the Urban Development Corporation (UDC) to ascertain the land value
7. After the UDC valuation, they will advertise the property and conduct a bidding or tender exercise on the property and you will be required to submit a proposal based on the advertisement
8. Then PAJ will issue an award based on the bidding and then negotiate an offer of purchase with you
9. Once PAJ accepts your final offer, they will forward it to the UDC’s board for approval
10. If approved and the PAJ is satisfied with your application, they will issue an agreement of sale or lease of the property and you will need to visit their office to collect your copy of the final executed agreement

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Required Documents

• Unsolicited Expressions of Interest
• Business plan
• Any other relevant document that might support your application

Office Locations & Contacts

The Port Authority of Jamaica
Address: 15-17 Duke Street
Kingston
Tel: (876) 922-0290
Email: [email protected]
Web:Link
Mon-Friday: 8:30 am-5:00 pm

Eligibility

• Individuals and Companies who wish to acquire PAJ property are eligible

Fees

• Land value varies and its fee will be indicated on the agreement documents

Validity

• Once you own the land, it will be valid for the period stated in the lease agreement or until you sell it

Documents to Use

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Sample Documents

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Processing Time

• The application will be processed within three months

Related Videos

Videos explaining the procedure or to fill the applications.
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Please remove the '&' inside the tags during implementation.
Website = allocine, blip, dailymotion, facebook, gametrailers, googlevideo, html5, metacafe, myspace, revver,
sevenload, viddler, vimeo, youku, youtube
width = 560, height = 340, Video ID = Can be obtained from the URL of webpage where the video is displayed.
e.gIn the following url 'http://www.youtube.com/watch?v=Y0US7oR_t3M' Video ID is 'Y0US7oR_t3M'.

Instructions

• You can also acquire PAJ’s property when they advertise it through their print media. In this case, they will list the steps and required documents you need to submit for a successful bid and purchase

Required Information

• The intended use
• The particulars of the party/s making the request
• A purchase offer for the land

Need for the Document

• The sale/lease agreement obtained from the PAJ is binding to both parties and it proves that you have obtained the property in a legal way

Information which might help

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Other uses of the Document/Certificate

Please explain what are other uses of obtaining this document/certificate.
e.g. Birth Certificate can be used as proof of identity.

External Links

• PAJ: Link

Others

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