TJH bullish on expansion

CEO of TransJamaican Highway (TJH), Ivan Anderson says the company has been adding new features to help drivers and make travelling on the nation’s highways easier and faster for everyone. 

Speaking on Taking Stock with Kalilah Reynolds, Anderson said TJH saw a record number of cars on the road in December. 

He noted that on December 20th, 100,000 vehicles used the highway, the most ever in a single day. To help with this increase, TJH is adding more lanes at busy toll plazas like Vineyards and Spanish Town. They’re also building new ramps at places like Freetown to make getting on and off the highway easier.

He also explained that drivers can top up their accounts in many ways. 

“You can add money through their website or mobile app, and the app can even automatically add funds when your balance is low,” he said.

They’re testing a new feature that lets you top up using WhatsApp. There are about 1,200 locations across the country where you can add money to your account, and all toll plazas now accept credit card payments. These options make it easier for everyone to keep their accounts ready for travel.

The government through the National Road Operating and Constructing Company (NROCC), is selling its remaining 20% stake in the TJH. 

The share price is $3.60 per share with a minimum purchase of 1,000 shares followed by increments of 1,000. If the offer is fully subscribed the government will raise $9 billion. 

The offer opened on March 4.