Trinidad & Tobago Budget 2014 - page 210

STATE ENTERPRISES’ INVESTMENT PROGRAMME 2014
38
SUSTAINING GROWTH, SECURING PROSPERITY
CARIBBEAN AIRLINES LIMITED (CAL)
PORT AUTHORITY OF TRINIDAD AND TOBAGO (PATT)
Caribbean
Airlines
Limited
(CAL)
was
incorporated on September 27, 2006 as a wholly
owned State Enterprise. CAL is the national
airline of Trinidad and Tobago with its main hub
at the Piarco International Airport in Trinidad
and Tobago. On October 1, 2007, CAL acquired
all of the issued share capital of Tobago Express
The Port Authority of Trinidad and Tobago (PATT)
is aStatutoryAuthority established inaccordance
with Act No. 39 of 1961. PATT is responsible for
the management and operation of the Port of
Port of Spain and the Port of Scarborough, with
some implied oversight responsibility for all ports
and harbours in the country. Its port operations
include handling of international and regional
containerised cargo, break and dry/liquid bulk
cargo and the provision of roll-on/roll-off services.
Other activities include the management of the
Trinidad and Tobago Inter-Island (TTII) Ferry
Service and the provision of Cruise Shipping
facilities.
• Provision of paving and infrastructural
facilities at CARICOM Wharf
This project
catered for the acquisition of an additional
vehicle for marshalling the CARICOM Wharf
and to reduce congestion onWrightson Road.
The expenditure for the period October 2012
Limited and assumed all responsibilities for
the operation of the domestic route, previously
undertaken by Tobago Express Limited. In 2011,
due to the acquisition of specific routes of Air
Jamaica, the ownership of CAL is now 84%
GORTT and 16% Government of Jamaica.
to March 2013 was $0.05 million and the
project was completed in fiscal 2013.
• Acquisition of Sixteen (16)Terminal Trailers
The project involved the acquisition of 16
trailers to improve ship load/unload speeds.
The expenditure for the period October 2012
to March 2013 was $0.32 million and the
project was completed in fiscal 2013.
• Acquisition of two (2) Empty Container
Handling Cranes
The project involved
the acquisition of two (2) empty container
handling cranes which replaced two (2)
obsolete units under the Sisu and Boss
brands. The expenditure for the period
October 2012 to March 2013 was $0.7 million
and the project was completed in fiscal 2013.
ECONOMIC INFRASTRUCTURE
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