THE FCJ CREDO
LEARN ABOUT OUR COMPANY
Factories Corporation of Jamaica Limited (FCJ) is one of the drivers of the Government of Jamaica’s economic growth and job creation agenda
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About Us
Our Mission
To be financially strong and dominant provider of industrial, commercial and office space that is customer focused and efficiently managed by an empowered cadre of staff.
Board Members
The FCJ Board of Directors comprises of eleven (11) members and is chaired by Mr. Lyttleton 'Tanny' Shirley.
Our Vision
To satisfy customer needs and enhance national development by providing quality commercial space profitably.This is achieved through the development, leasing, and management of industrial properties island-wide.
Members of Staff
FCJ's staff complement is comprised of one hundred and nine 109 members of staff distributed across eight(8) departments.
Technology Diffusion
We recognize the importance of aligning our technology and business strategies to maximize on our key performance outcomes.
Historically our use of technology has been somewhat limited. Over the last Financial Year the company has aggressively implemented the Strategic Information System Plans targeting enhancement in telecommunication infrastructure, deploying productive and business applications.
The diffusion of technology has enhanced staff productivity, increased branding and awareness of the company, enhanced engagement with our clients and provided management information to improve our decisions. FCJ successfully deployed the following technology
The History
Factories Corporation of Jamaica Limited was incorporated under the Companies Act of Jamaica in 1987. The company, which is fully owned by the Government of Jamaica was formed to implement the Government’s Emergency Factory Building Programme.
Under this programme approximately one million square feet of factory space was built.
In 1988 when the company began operation from the 6th floor of the Oceana Hotel in Downtown, there was a staff complement of 23, to include two managers, 2 supervisors, a secretary, an office attendant, a maintenance officer and 16 security officers. Most of the staff complement were deployed to the Garmex Freezone where approximately 75% of FCJ’s tenants were engaged in the Garment Industry.
With the 1989 phasing out of the Jamaica Industrial Development Corporation, JIDC, a company which as part of its role was involved in the Government Construction Programme, FCJ’s role was expanded to include the management of the properties that were under the JIDC’s control.
Following the downturn in garment manufacturing towards the end of the 1990’s, a significant number of tenants began pursuing other manufacturing and commercial activities.
With the prospects that the Information Communication Technology, ICT, Industry held, the organisation embarked on an expansion of space to serve the growing area of information technology.
Who We Are
Factories Corporation of Jamaica Limited (FCJ) is one of the drivers of the Government of Jamaica’s economic growth and job creation agenda. We provide real estate solutions for a variety of industries such as manufacturing, agro-processing, warehousing and distribution and the Global Services Sector (Business Process Outsourcing).
FCJ is one of the largest providers of real estate in Jamaica with over one hundred facilities island-wide strategically situated, whether near the island’s ports or commercial districts.
We provide standalone buildings as well as spaces in industrial estates. Today FCJ manages over 1.6million square feet of industrial space for small, medium and large enterprises facilitating employment for approximately five thousand eight hundred and sixty-eight (5,868) individuals in a wide cross-section of industries.
FCJ stands firm by our mission to satisfy customer needs and enhance national development by providing quality industrial and commercial spaces at competitive rates.
With the prospects that the Global Services Sector (in particular Business Process Outsourcing) now holds, the organisation is embarking on another phase of expansion to cater to that industry. FCJ is now developing projects which will be suitable for Special Economic Zone (SEZ) status, thereby expanding value-added activities for transnational manufacturing and distribution companies.
Inside FCJ
The activities of the Company are overseen by a Board of Directors consisting of eleven (11) individuals appointed by the responsible Minister, including a Managing Director who reports directly to the Board.
The administrative structure comprises an Executive Office with nine (9) departments, namely Finance, Property, Client Service, Estate, Human Resource & Administration, Information Technology, Marketing, Legal and Procurement headed by managers, who report to the Managing Director.
As of November 2020, the staff establishment was one hundred and twenty-six (126) permanent and temporary employees.
MAJOR CORPORATE OBJECTIVES 2021/2022
The following are key Corporate Performance Indicators
under review in the Financial Year 2021/2022
Increased Net Profits
Increased Rental Income
Increased Total Assets Increase
Increased Occupancy Level
Increased Number of Clients
Profitability to exceed $487 million
Increase rental income above $897 million
Total assets above $16.1 billion and cash assets above $2.1 billion
Increased facility occupancy to 95%
Increase number of clients to 119
70% of employees
70% of employees
Profitability increased to $567 million
Rental income increased to $950 million
Total assets increased to $17.7 billion and cash assets to $2.4 billion
Increased facility occupancy to 97%
Increase number of clients to 120
Improved Employee Satisfaction
Divestment of Properties
Rationalisation of Scrap Metal Service
Upgrade and Renovation of Facilities
Planning and Development of Enterprise Projects
Employee Satisfaction index 80%
49 facilities
49 facilities
Divestment of 7 properties
Divestment of Scrap Metal Services
Upgrade and renovation of 32 properties
Planning and execution of 5 Enterprise Projects
Employee Satisfaction index 70%
Divestment of 10 properties
DBJ Selected to do Divestment of Scrap Metal
Upgrade and renovation of 49 properties
5 Enterprise Projects in execution mode
The Company
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