Initial Public Offering: Transjamaican Highway LimitedInitial Public Offering • February 14th, 2020
Contract Type FiledFebruary 14th, 2020TransJamaican Highway Limited (TJHL or the Company) which is domiciled in Jamaica was formed as a public-private partnership between Bouygues Travaux Publics (BTP), Vinci Concessions (VC) and National Road Operating and Constructing Company Limited (NROCC) for the construction and operation of Highways in Jamaica. In 2001, the Government of Jamaica granted the consortium a 35-year concession agreement to design, construct, operate and maintain the tolled road, Highway 2000 East-West. This “tolled road” is the only high-speed roadway connecting Jamaica's capital city, Kingston, and its greater metropolitan area to the west, running through the most densely populated parishes in the country including Kingston, St. Andrew, St. Catherine, and Clarendon. Collectively, the Kingston metropolitan area and the parishes of St. Catherine and Clarendon comprised ~52.8% of the total Jamaican population as of 2018 according to the Statistical Institute of Jamaica's (STATIN).