PCJ has already invited bids and selected the Miami-based company, Cambridge Project
Development Company Inc., to form a joint venture with PCJ. The joint venture will
finance, build, own and operate the two WTE facilities. Currently, the project-involved
parties are under negotiations but the proposed financing scheme is to use debt for 80%
of the capital cost. The proposed revenues for the facilities will be sale of electricity
through a Power Purchase Agreement with the Jamaica Public Service, and a gate fee to
be negotiated with NSWMA.
This project is yet to be implemented, but it is interesting to note, that as in the case of the
previously mentioned islands, Jamaica will be advancing from non-sanitary landfills to
WTE without the intermediate step of sanitary landfilling, and also with the advantage of
having a relatively organized collection system.
It is also important to note that even though improving Jamaica’s waste management
system is an important objective of the project, the main motivation for building the two
WTE facilities is to increase the indigenous sources of energy.