The entire executive of TennisTT, being led by businessman Hayden Mitchell, was given another term in office following Saturday’s Annual General Meeting (AGM) and Election of Officers at the...
You are here
$1.2bn Tamana park still almost empty
ETecK’s other “burden”— the Tamana Industrial Park—has so far cost $1.2 billion yet only two of its 21 sites are occupied.
ETecK also paid $150,000 for the last two-and-a-half years so far to transport four employees from Curepe to the park.
The park was unoccupied for almost seven years while requiring maintenance. Acting eTecK president Maureen Singh said there are two firm leads for two sites, one expected in April and the other in the next three months
The company is seeking leads via InvesTT to tenant the other 19 sites and there are about seven more tenants based on that effort.
Ahamad said eTecK isn’t pleased with the tenancy level, but feels InvesTT’s plan is workable.
On questions from JSC member Fazal Karim, Singh said Tamana Park is paying $60,000 annually—$150,000 in recent years to transport four staffers from Curepe to the park. Karim said it wasn’t normal practice.
Singh also said the Hilton Trinidad and Conference Centre’s occupancy has been affected by the global downturn. Its upgrade has cost $518.4 million, including the $7.7million to upgrade the pool last December.
That was divided between designs done by Mocad consultants and construction costs.
User comments posted on this website are the sole views and opinions of the comment writer and are not representative of Guardian Media Limited or its staff.
Guardian Media Limited accepts no liability and will not be held accountable for user comments.
Guardian Media Limited reserves the right to remove, to edit or to censor any comments.
Any content which is considered unsuitable, unlawful or offensive, includes personal details, advertises or promotes products, services or websites or repeats previous comments will be removed.
User profiles registered through fake social media accounts may be deleted without notice.