ANNUAL REPORT 2009 - 2010
management of the Tax Incentive Programme for Urban Renewal. The tax Incentive Programme for Urban renewal was first launched in downtown Kingston in 1995. Conceied as a vehicle for the galvanising of development and rehabiltation of special development areas, through the accessing of incentives. The Tax Incentive was formally launched in Spanish Town during the review year, was renewed in the Downtown Special Development Area up to 2015, with renewal being pursued for the Montego Bay programme.
There were no new applications during the year, however a review of the programme
commenced with the results expected to drive an accelerated employment of the programme in the development process.