STATE ENTERPRISES’ INVESTMENT PROGRAMME 2014
49
SUSTAINING GROWTH, SECURING PROSPERITY
HOUSING DEVELOPMENT CORPORATION OF TRINIDAD AND TOBAGO
(HDC)
Housing Development Corporation of Trinidad
andTobago (HDC) formerly the National Housing
Authority was incorporated by Act No 3 of 1962.
Its primary activities include the:
• Provision of secured and unsecured housing
loans;
• Development of low cost housing both for
sale and rental; and
• Maintenance of low cost housing retained for
rental.
URBAN DEVELOPMENT CORPORATION OF
TRINIDAD & TOBAGO LIMITED (UDeCOTT)
In fulfilling GORTT’s commitment to improve
the quality of life for citizens and oversee urban
development, UDeCOTT has undertaken the
construction of housing units located at Real
Spring Housing Development, Valsayn.
• Real Spring Housing Development,
Valsayn
-This project involves the design and
construction of 408 housing units comprising
42 single family units, 78 townhouse units, 144
three-bedroom multi-storey apartments and
144 two-bedroom multi-storey community
facility buildings.
The estimated cost of this project was revised
from $142.5 million to $164.3 million. This
project is in arbitration.
SOCIAL INFRASTRUCTURE
HEALTH
URBAN DEVELOPMENT CORPORATION OF
TRINIDAD & TOBAGO LIMITED (UDeCOTT)
UDeCOTT has also embarked on the following
projects for fiscal 2014:
• Penal Hospital
– The project involves the
construction of a children’s hospital at an
estimated cost of $1,840.2million. Design work
is in progress together with site hoarding and
preliminary preparatory works. The projected
expenditure for the period April to September
2013 is $214.5 million and for fiscal 2014 is
$562.7million.
•
Couva Childrens’s Hospital Complex &
UWI School of Medicine and Nursing
–
This programme comprises a School of
Medicine, Nursing and Pharmacology to
accommodate approximately 300 medical
and nursing students, annually. It also includes
an 80-bed facility for children and a 150-bed
facility for adults. The new hospital will include
facilities for children and adult wards, central
pharmacy, fluid infusion, x-ray, operating areas,
foodcourt,casualtyclinics,burnunits,executive
space, physiotherapy centre and a helicopter
platform.
The estimated total cost is $1,520.9 million
and actual expenditure for October 2012 to
March 2013 was $13.0 million. The projected
expenditure for the period April to September
2013 is $331.9 million and for fiscal 2014 is
$255.2million.
