No fallout for summit
PORT SPAIN
Trinidad & Tobago Guardian
Petroleumworldtt.com
02 24 09
The Summit of the Americas in April is not expected to have a negative effect on business operations, say some businessmen. Eugene Tiah, president of Phoenix Park Gas Processors Ltd, one of the many companies in the Pt Lisas industrial estate, said that after many meetings with summit organisers, he had been assured by government that there would be no disruptions to his company's operations during the summit, scheduled to be held in Port-of-Spain from April 17-19. “Our main concern was with our Pt Lisas Port,” he said. “Once that continues to operate so that we can ship in and out without problems, then we are satisfied. Right now, as we stand, it will have minimal impact on our business.”
However, he said that the only negative impact it might have would involve workers coming to Pt Lisas from the Port-of-Spain area. “We think that there would be sufficient provisions in place in terms of alternative routes around some of the demarked red zones to allow people to get to work,” he said, adding that less traffic on the roads on that day would also make things easier. On the summit itself, Tiah said that he was hoping that the business forum to be held during the summit should offer many opportunities for people in the region and the Americas to share new ideas which would hopefully result in new business opportunities. Nicholas Galt, managing director of Trinidad Systems Limited on Woodford Street, Newtorn, also said he was not concerned about business interruptions during the summit.
“Whatever we have to do, we would just do them earlier so we won't be caught up in anything,” he said. “But I am seeing more positive benefits to be derived during the planned business forum of the summit, with all kinds of possibilities and opportunities opening up.” Galt said that the government had never paid much attention to information communication technology local content when it was negotiating contracts with international investors. “I've complained about that over and over without success,” he said, adding that his company was now entering Latin American markets, starting with Panama, where it gets much more respect and cooperation than it does from the T&T government.
Story from Trinidad & Tobago Guardian
Trinidad & Tobago Guardian
February 23rd, 2009
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