STATE ENTERPRISES’ INVESTMENT PROGRAMME 2014
62
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
Savonetta Pier
(1,2,3, and 4) –
Upgrades
31.00
2.42
0.48
13.00
18.00
The estimated total cost has been
revised upwards to $31.0 million.
Savonetta Piers 1 and 2 were estimated
to cost $5.7 million; Pier 3 estimated to
cost $1.0 million and Pier 4 estimated to
cost $2.0 million.
Tug Mooring
Facility –
Demolition and
Reconstruction
5.00
0.49
1.98
0.00
0.00
This project was completed in January
2013 at a revised cost of $2.47 million.
Other Projects
Furniture and
Computer
5.92
0.00
0.61
0.00
0.00
NEC allocated a revised estimate of
$9.8 million towards the upgrading
of the mooring facilities at Point
Lisas, acquisition of furniture, office
equipment, motor vehicles, computer
hardware and software and replacement
and acquisition of equipment for the
operations of the company.
Machinery and
Equipment
0.45
0.00
0.13
0.00
0.00
Motor Vehicle
1.70
0.00
0.70
0.00
0.00
Navigational
Aids – Channel
Marker
0.38
0.00
0.10
0.00
0.28
Two channel markers were scheduled
to be purchased in the fourth quarter
of 2012. Only one was replaced in
December 2012 at a cost of $0.1 million.
Tugs and
Launch
92.95
21.90
6.49
16.33
0.00
Estimated cost of new workboat and
launch was $11.6 million and $10.3
million respectively. The purchase of a
new 65-ton bollard pull tug was deferred
to the 4th quarter 2014.
