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CDA defends the lease arrangement surrounding Chaguaramas Convention Center

by | Apr 7, 2015

The-Chaguaramas-Hotel-and-Convention-CenterThe Chaguaramas Development Authority is sticking to its position that due process was followed relating to the lease of the area’s Hotel and Convention Centre.

CDA Communication Manager, Kizzie Ruiz, speaking on the Election Hard Talk programme on Power 102.1FM this afternoon
hosted by Tony Fraser reiterated that the historic site was not sold but leased.

She said the convention centre has been operating at a loss and has been a financial burden to tax payers for several years.

Ms Ruiz explained that the CDA followed what she described as a stringent process in finding an investor.

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