The Ministry of Finance and the Public Service intends to issue another public invitation for applications for an Approved Integrated Resort Development (AIRD) Order for the St. James geographical zone very shortly.
This follows the Ministry’s action not to issue an AIRD Order to a second applicant interested in building an integrated resort development.
Portfolio Minister, Dr. the Hon. Nigel Clarke, made the disclosure during a statement to the House of Representatives on October 1.
Dr. Clarke explained that in October 2021, the Ministry launched a request for application (RFA) process, whereby interested investors were invited to submit applications for two AIRD licences, each for an exclusive geographical zone.
