Chief Minister Terry Le Sueur said that the findings would be made public and States Members would have them before a debate on whether to set up a new company to develop surplus States property assets.
Last year the Council of Ministers proposed setting up the Jersey Development Company, which would take over the activities of WEB but with responsibility for developing much more of the Island. But plans were halted after the States voted to refer the matter back to the Council of Ministers for further research.
They wanted a review of WEB before they committed to setting up a company that could develop any of the States’ 900 property assets, estimated to be worth £1.6 billion.
The Assembly is due to debate the plans again in March. If they are approved, the company would be able to develop all States-owned property, as well as the Waterfront, but would only ‘project deliver’ the schemes.
