STATE ENTERPRISES’ INVESTMENT PROGRAMME 2014
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SUSTAINING GROWTH, SECURING PROSPERITY
URBAN DEVELOPMENT CORPORATION OF
TRINIDAD & TOBAGO LIMITED (UDeCOTT)
Urban Development Company of Trinidad and
Tobago Limited (UDeCOTT) was established
in 1995 as a wholly owned State Enterprise to
oversee rural and urban development throughout
Trinidad and Tobago.
UDeCOTT has a diverse portfolio developing
projects in areas of commercial office building,
hotel and conference centres, culture and art,
historical restoration, sporting facilities, car parks
and road rehabilitation.
One of the projects which is geared to enhance
the development and diversification of the
tourism sector that UDeCOTT is involved in is
the San Fernando National Academy for the
Performing Arts. The National Academy for the
Performing Arts South is located at the corner
of Rienzi Kirton Highway and Todd Street in San
Fernando.
The project was completed and was handed over
to the Ministry of Art and Multiculturalism in April
2012 at a cost of $491.1 million.
ECONOMIC INFRASTRUCTURE
TRINIDAD AND TOBAGO TOURISM BUSINESS
DEVELOPMENT LIMITED (TTTBDL)
Trinidad
and
Tobago
Tourism
Business
Development Company Limited (TTTBDL) is a
wholly-owned State Enterprise. The company
was incorporated onAugust 3, 2012 to administer
the Tobago Tourism Development Fund.
The Fund provides guarantees for:-
• Debt restructuring for tourism and tourism-
related businesses; and
• Upgrade and maintenance of hotels (less
than 50 rooms) and ancillary businesses.
