Vieux Fort

Flashback photo of contractors at the Vieux Fort site of the HDC apartment development in St James.

THE HOUSING Development Corporation (HDC) granted unprecedented benefits and incentives to the Chinese construction company, China Gezhouba Group International Engineering Co Ltd (CGGC), as part of an agreement to construct 5,000 apartment units at sites across Trinidad, according to a copy of the contract documents viewed by Express Business.

In the first phase of the contract—which was signed on May 17, 2019 at the Hyatt Regency Hotel in Port of Spain— CGGC is expected to produce 204 two and three-bedroom apartment units at South Quay in Port of Spain and 235 two and three-bedroom apartment units at Lady Hailes Avenue in San Fernando.

Get caught up with news from the news leader
Subscribe now and get access to the Trinidad Express E-paper
SUBSCRIBE/ LOG IN

RECOMMENDED FOR YOU

The People’s National Movement, (PNM) marked the fourth anniversary of its 2015 general election victory yesterday with little fanfare. But what has the party achieved after four years?

OPPOSITION MP Dr Roodal Moonilal says the way in which Arlene Chow, interim chief executive officer at Heritage Petroleum Company Ltd, was hired is suspicious and could be illegal.

THE Trinidad and Tobago Manufacturers Association (TTMA) is, from today, starting a relief drive to aid the Bahamas, which has been battered by Hurricane Dorian.

“Local contractors and consultants who compete with foreign companies should be provided with the same or equivalent benefits as enjoyed by those foreign companies and should be protected from unfair competition through matters such as soft loans.”

ECONOMIC downturn in the Trinidad and Tobago (T&T) market since 2014 and 2015 is driving the agenda of Nestle in the Caribbean region, says the global food giant’s head of market in the Anglo Dutch Caribbean, Patricio Torres.