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LEASING A CARGO VESSEL FOR TRINIDAD AND TOBAGO WILL COST TAX PAYERS 48 MILLION ANNUALLY

by | Apr 10, 2014

Stephen Cadiz 8Cabinet’s decision to lease a cargo vessel to operate between Trinidad and Tobago will cost tax payers 48 million dollars annually.

Transport Minister, Steven Cadiz, revealed this during the weekly post cabinet news briefing held at the Office of the Prime Minister in St. Clair this afternoon.

For several months the present cargo vessel, the “Warrior Sprit” has been operating with only one engine.

This has resulted in serious implications for business operators and citizens who utilize the service.

The fast ferry vessels have been taking up some of the slack.

However, the Tobago Chamber of Commerce has publicly indicated its dissatisfaction with the quality of service and has called for measures to be urgently taken to correct the issue. Minister Cadiz confirmed government is considering the purchase of a new vessel to service the route.

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Minister Cadiz also confirmed that government will not be entering into a new contractual agreement with the owners of the Warrior Spirit, admitting that the standard of service provided has not been very impressive.

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