Trinidad and Tobago
Rural Development Company of Trinidad and Tobago Limited
Service category:
Construction
Service types:
Description
In 2005, the Government of the Republic of Trinidad and Tobago (GORTT), in its pursuit to accelerate the physical development of the country, established several new State Enterprises called Special Purpose State Enterprises, each with a specific mandate complementary to the achievement of the 2020 Vision for developed nation status.
Traditionally, the implementation of the Public Sector Investment Programme (PSIP) directly by the various Ministries faced severe challenges because of skill shortages and established bureaucratic procedures. Over the past years, these problems have been exacerbated by the Government’s accelerated infrastructural development in pursuit of its long-term vision. To increase the rate of implementation of an expanded PSIP programme, wholly owned Special Purpose State Enterprises was established by the Government to undertake development in the areas of educational facilities, infrastructure, utilities and community facilities (sports, community centres, markets, amongst others.)
Experience has shown that a well-managed State Enterprise can perform efficiently and effectively with the necessary checks and balances for Manage the design and construction of all such projects.
Traditionally, the implementation of the Public Sector Investment Programme (PSIP) directly by the various Ministries faced severe challenges because of skill shortages and established bureaucratic procedures. Over the past years, these problems have been exacerbated by the Government’s accelerated infrastructural development in pursuit of its long-term vision. To increase the rate of implementation of an expanded PSIP programme, wholly owned Special Purpose State Enterprises was established by the Government to undertake development in the areas of educational facilities, infrastructure, utilities and community facilities (sports, community centres, markets, amongst others.)
Experience has shown that a well-managed State Enterprise can perform efficiently and effectively with the necessary checks and balances for Manage the design and construction of all such projects.
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