Tobago businesses say they are concerned about the Tobago House of Assembly now having the ability to borrow money on the international market, and cannot endorse it.
That’s the word from Diane Hadad, of the Tobago arm of the T&T Chamber of Industry and Commerce.
During the recent presentation of the 2020 Budget, Finance Minister Colm Imbert announced that the Tobago House of Assembly would now have the ability to raise financing for Tobago development projects via bonds worth some US$300 million.
A permanent ramp is being constructed at the Scarborough Port to facilitate the docking of the new inter-island ferry—the Jean De Valette.
The same ramp will also be used for the Galleons Passage.