Minister with responsibility for Land Titling and Settlements, Hon. Robert Montague, says the National Reconstruction and Resilience Authority (NaRRA) Act, will fundamentally transform Jamaica’s real estate and investment landscape.

Speaking yesterday (April 30) at the launch of the partnership between the Real Estate Training Institute (RETI) and the Certified Commercial Investment Member (CCIM) Institute, Minister Montague pointed to the recent passage of the NaRRA Bill in the lower House, as a decisive step toward modernising the country’s development architecture and accelerating economic growth.

“This is a transformational piece of legislation,” Minister Montague said, pointing out that NaRRA’s real impact lies in its ability to unlock land, drive infrastructure expansion and stimulate large-scale real estate activity across Jamaica.

He explained that NaRRA is specifically structured to move projects from concept to execution with greater speed, coordination and efficiency by streamlining approvals and reducing delays across government agencies.

According to Minister Montague, this new development model will have direct and immediate implications for Jamaica’s real estate sector.

“NaRRA will put real estate development in Jamaica on steroids. Major infrastructure projects approved under NaRRA, such as the  new North-South Highway exit,  will open up thousands of acres of land for housing, tourism and commercial use. This will significantly expand Jamaica’s real estate footprint and create high-value opportunities for developers, brokers, valuers and investors,” he said.

Minister Montague further noted that the legislation creates the certainty and momentum investors have consistently demanded, while simultaneously increasing the volume of projects entering the development pipeline.

He outlined that the expected outcomes include increased land availability, expanded housing and commercial development opportunities, as well as greater activity across residential, tourism and investment markets.

“This is not just about building infrastructure. It is about activating real estate at scale,” Minister Montague stated.