39
Blue River
Interchange at
Caroni - 70 %
completed
Industrial Development
101.
Non-petroleum initiatives aimed at developing globally competitive Maritime,
Yachting and Printing and Packaging industries continued in fiscal 2013, with an
expenditure of $1 million. Initiative undertaken include:
the Yachting Steering Committee updated the draft Yachting Policy and
Yachting Career Brochure, installed mooring buoys, and participated at the
Trade and Investment Convention 2013.
the Maritime Industry Development Committee also participated in TIC
2013, holding their sixth instalment of the Maritime Industry Seminar Series.
The Committee also participated in Caribbean Investment Forum 2013.
efforts to enhance the competitiveness of the Printing and Packaging
industry continued with the launch of the website of the Printing and
Packaging Industry Council website and their participation in TIC 2013.
Energy/Renewable Energy Alternatives
102.
The sum of $418 million was allocated under the Infrastructure Development
Fund in the 2013 PSIP for the Ministry of Energy and Energy Affairs to continue with
works on ports, industrial sites, Multi-fuel pipeline and a service station in order to
provide the infrastructure to attract investments for economic development.
103.
The National Gas Company continued the construction of the Multi-fuel pipeline
from Pointe-a-Pierre to Piarco via Caroni. The construction of this pipeline, will provide
security of fuel supply, reduce tanker wagons on the road and eliminate marine transport
to Sea Lots. The works were executed at the three main project sites, Petrotrin West
Refinery at Pointe-a-Pierre, Piarco and the Blue River Interchange at Caroni. The entire
allocation of $153 million was utilised in advancing the following:
Blue River Interchange at Caroni
- completion of
installation of eight (8) fuel tanks, two (2) water
tanks, loading gantries, foam generator, and
support
buildings
with
electrical
and
instrumentation works
Petrotrin West Refinery at Point-a-Pierre-
completion of underground piping, civil, electrical and mechanical works
inclusive of infrastructure support for four (4) storage tanks
Piarco Airport - completion of electrical and mechanical works to support
four (4) storage tanks and piping
104.
In 2013 the National Energy Corporation (NEC) continued with its mandate to
provide infrastructure by the development of ports and industrial sites to support
investments in the gas and oil downstream and upstream industries. The NEC received
