STATE ENTERPRISES’ INVESTMENT PROGRAMME 2014
39
SUSTAINING GROWTH, SECURING PROSPERITY
POINT LISAS INDUSTRIAL PORT DEVELOPMENT
CORPORATION LIMITED (PLIPDECO)
TELECOMMUNICATION SERVICES OF TRINIDAD
AND TOBAGO LIMITED (TSTT)
Point Lisas Industrial Port Development
Corporation
Limited
(PLIPDECO)
was
incorporated on September 16, 1996. Its two
(2) core business activities are industrial real
estate management and port management and
operations including cargo handling services.
PLIPDECO continued the following projects in
fiscal 2013:
• Purchase of a Container Reach Stacker
–
The Corporation was awarded a contract for
the supply, delivery and commissioning of one
(1) Terex Container Handling reach Stacker
Model No.CS45KM at a cost of $3.3 million
Telecommunications Services of Trinidad and
Tobago Limited (TSTT) is owned by the GORTT
and Cable and Wireless, offering mobile, fixed
line, broadband, television transmission, security
and other related services.
TSTT operates in a strong competitive
environment. Its operations are impacted by
regulatory and industrial relations challenges,
Number Portability and a potential third mobile
provider. Nevertheless, TSTT continues to
strategically differentiate itself by improving
its service delivery and customer satisfaction
through the deployment of cutting edge
technology. This is geared towards the overall
development of the country and enriching the
lives of the citizens of Trinidad and Tobago.
In May 2012, TSTT launched its Bzone services
which provide Free Wi-Fi Data services at 4G
speeds to TSTT Smart Phone customers. A total
of 54 sites were implemented in Trinidad and
Tobago. On November 5, 2012 TSTT launched its
4G mobile service covering approximately 95%
of the country’s population.
(US$0.5 million) for its port operations. The
project was completed in fiscal 2013.
• Purchase of Mobile Harbour Crane
– In
accordancewith theCorporation’sequipment
replacement strategy, the acquisition of
mobile harbour crane is necessary for
PLIPDECO’s cargo handling department for
container, bulk, general and heavy lifts. The
projected expenditure for the period April to
September 2013 is $20.0million and for fiscal
2014 is $5.0 million.
Technological
innovation
and
customer
trends continue to be the drivers of the
Telecommunications
market
and
TSTT’s
developmental program is in tandem with
worldwide telecommunications trends. The
company continued to implement the following
projects:
• Blink Sales Service and Operations
– This
division comprises of fixed line, broadband
and entertainment services:
• Broadband
– TSTT continued to invest
in broadband and international capacity
upgrade project to assist the company in
satisfying its increasing public demands
for faster speeds, improved coverage and
improved quality of service at affordable
rates;
• Fixed Line
– TSTT continued to invest
in maintenance programmes to support
services delivered over its copper lines.
Additionally, TSTT has been deploying
fibre systems in specifically targeted
ECONOMIC INFRASTRUCTURE
