PM: Divestment for State-Owned Enterprises being run from “Dust to Bust”

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Kamla Persad Bissessar

Prime Minister Kamla Persad-Bissessar has signaled a major shift in Government’s approach to state-owned enterprises, announcing plans to divest several entities.

During last evening’s sod turning ceremony for the new Marriott resort at Rocky Point, Tobago, she identified four state-owned entities targeted for divestment.

The Prime Minister questioned the efficiency of several state-owned enterprises, arguing Government resources are not being managed effectively.

Mrs Persad-Bissessar said expressions of interest and requests for proposals will be issued as the government seeks greater private-sector investment and partnerships.

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