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Consortium bids for Jamaica's international airport

PRESS RELEASE

May 12, 2015: A consortium of Grupo Puntacana, Jamaica Producers Group and the GB Group have been selected as one of the prequalified firms to pass on to the second stage in the privatization process of Jamaica's Norman Manley International Airport.

Currently the NMIA is owned by the Airports Authority of Jamaica (AAJ) and is operated by the NMIA Airports Limited, a wholly-owned subsidiary of the AAJ. The Government initiated the qualification process for the airport privatization in March 2015.

The participation of Grupo Puntacana in this consortium makes the proposal even stronger being the biggest airport operator in the Caribbean with approximately 100 flights a day.

"Grupo Puntacana has over 45 years of experience in the tourism industry, transforming the Punta Cana region into the vibrant tourism destination it is today. Paired with over 30 years in airport building and operations management, our company has proved to be successful, cost effective, and committed to sustainable development. We are excited to share our expertise with Jamaica, and we look forward to exploring the many possibilities for collaboration and economic growth between the two countries," said Frank Rainieri, President & CEO of Grupo Puntacana.

This partnership has the participation of one of the most credible and well-known local Jamaican companies, the Jamaica Producers Group (JP), "At JP, we work hard to promote the progress and modernization of our country. This is why we have joined efforts with two of the biggest and most credible Companies in the region to participate in this important opportunity for Jamaica. Our consortium is without doubt the best option for the privatization of the Norman Manley International Airport," expressed Charles Johnston, Jamaica Producers Group's Chairman.

Jamaica Producers Group is lead shareholder in Kingston Wharves, Jamaica's largest multipurpose port and is among the leading private investors in Jamaica's logistics sector.

The Energy Division of GB Group, as the largest and most reliable aviation fuels supplier within the Caribbean region, will be able to bring the highest international standards to the Norman Manley airport supporting the rise in the efficiency of its operations. GB Group currently has operations in Punta Cana (PUJ), Santiago – Cibao (STI), Samaná (AZS), Montego Bay (MBJ), Kingston (KIN), St Maarten (SXM), Port au Prince (PAP), and Cap Haitian (CAP).

"GB Group is constantly striving to improve operational excellence & dependability. Our aviation division supplies over 120 million gallons of aviation fuels across some of the region's busiest airports. We are confident that we will also have the opportunity of sharing our expertise and best practices at Norman Manley airport," said Mr. Gilbert Bigio, Chairman of GB Group.

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