|
February |
|
| March |
- Execution of
Concession Agreement
- Selection of
winning bidder
|
| March-
June |
- Negotiation of
Concession Agreement
- Finalization
of financing for Phase 1 (Bidders)
- Cabinet
approved award of contract to Bouygues Travaux
Publics of France to build Highway 2000.
- The Rt. Hon.
P.J. Patterson officially announced Bouygues
Travaux Publics as the successful bidder.
|
| August |
- Memorandum of
Understanding signed between the Government of
Jamaica and the Government of Malaysia for
technical assistance with the implementation of
the toll road
|
| November |
- Five
agreements were signed between the Government of
Jamaica (NROCC) and Bouygues: They were the
Concession, Equity Shareholders, Implementation,
Government Procured Debt and Guarantee
Agreements.
|
| December |
- NROCC
announced subscription of the first
inflation-indexed 30 year bond which
subsequently raised J$3.5B.
|
| |
|
