Caroni Green, the new company established to oversee the Caroni Green Initiative, has signed a Memorandum of Understanding with four investors.
The signing took place at the Trinidad Hilton in Port of Spain on Friday.
Speaking at the event, Minister of Food Production, Devant Maharaj, said government was always looking for different means of investment in the country’s resources and this will come to pass through partnerships with a number of other investors.
Meanwhile, Minister in the Ministry of Finance, Rudy Indarsingh confirmed that the lands earmarked for use in the Caroni Green project are separate from those plots for former Caroni 1975 Limited workers.
The Caroni Green Initiative is aimed at boosting the country’s food production capacity.