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Kingston Wharves Limited (KWL) said it would invest US$20 million (J$3 billion) initially to double its capacity if it were to acquire lands that include the Tinson Pen Aerodrome.
"We feel very well poised to expand our automotive business … once we have the space, we can double our business in another two to three years," said Mark Williams, CEO of KWL, speaking in an interview with the Financial Gleaner.
Williams said the company has already indicated to the Government its interest in acquiring roughly 50 acres of land at Tinson Pen, a move that would expand its available space and support growth in its auto trans-shipment business. Williams pointed to growing demand from shipping lines and the company's recent need to turn away vessels because of limited capacity.
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