Communications Minister Stuart Young said a Chinese delegation will be visiting Trinidad and Tobago on Saturday, June 16.
Speaking at Thursday’s post-Cabinet briefing, Young said the Ministry of Foreign and CARICOM Affairs and the Ministry of Trade will be hosting a high-level Chinese delegation which will be arriving on Saturday from Beijing.
Young said government expects to sign two Memorandums of Understanding with the high-level group consisting of businessmen and politicians, sent by the Chinese government.
“This is just the first stage…we hope to see an influx of Chinese investment in very significant projects in Trinidad and Tobago,” he said.
Young said the group will be going to visit Lake Asphalt on Sunday and will visit the site of the industrial park where Beijing Construction is being awarded a contract.
(Photo: Prime Minister Dr Keith Rowley led a delegation to China in May 2018 and invited a Chinese delegation to T&T.)
He said on Monday government expects to sign two MoUs regarding the industrial park and another with regards to Lake Asphalt.
The delegation will then proceed to Tobago where they will be hosted by the Tobago House of Assembly (THA).
Young also provided an update on the Tobago Sandals resort saying Prime Minister Dr Keith Rowley’s negotiation team met with executives from Sandals Resorts and began a process of moving toward an implementation of agreements regarding the resort.
“This meeting that took place a few weeks ago was to plan a timetable as to how we will move towards the completion of the project,” he said.
Young said all the necessary surveys have been completed and the company is now going through the documents.
He said the Sandals executive team will be visiting the country in July to complete negotiations and to visit the site.
Young added that government is paying attention to environmental concerns.
“A big part of this project is the environmental concerns that we’re aware of. We’re in the process of hiring the right environmental engineers and concerned persons who are experts in conservation and these types of things to ensure that everything is done properly and the applications are made to the Environmental Management Authority,” he said.
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