STATE ENTERPRISES’ INVESTMENT PROGRAMME 2014
61
SUSTAINING GROWTH, SECURING PROSPERITY
PROGRAMMES
ESTIMATED
TOTAL COST OF
PROGRAMME
TT$ million
ACTUAL
EXPENDITURE
TT$ million
PROJECTED
EXPENDITURE
TT$ million
DETAILS OF PROGRAMMES FOR 2014
OCT. 2011 TO
SEPT. 2012
OCT 2012 TO
MARCH 2013
APRIL TO
SEPT 2013
OCT 2013 TO
SEPT 2014
Corporate
Complex
650.00
0.00
0.00
20.00 384.60
Preliminary engineering works have
commenced, with construction
scheduled for 2014.
Other Potential
LIC Sector
Customers
13.80
0.00
0.30
7.00
3.80
Installation of a natural gas pipeline to
VMCOTT is 85% complete.
GORTT
Serviced Loan
832.80
826.60 169.90 58.70
0.00
Retained
Earnings
6,570.74 1,614.36
84.43
205.90 508.40
Total – NGC
7,403.54 2,440.96 254.33 264.60 508.40
THE NATIONAL ENERGY CORPORATION OF TRINIDAD AND TOBAGO (NEC)
Funded by Retained Earnings
Berth II –
LABIDCO
180.00
0.00
1.34
2.50
120.00
The estimated total cost has been
revised upwards to $180.0 million. The
design is 47% complete and is expected
to be completed by December 2013.
Construction is expected to commence
in January 2014 and completed in 18
months. The projected expenditure for
2014 is of $120 million.
Berth II – 30
meters Dock
31.70
0.00
31.70
0.00
0.00
This project was completed in February
2011 at a revised construction cost of
$31.7 million.
Wellness Centre
1.56
0.90
0.66
0.00
0.00
NEC completed the construction at a
cost of $1.56 million.
