ST GEORGE’S, GRENADA — After almost four years, hundreds of Grenadians will find employment with Consolidated Contractors Company (CCC), which will resume work here early in April.
The New National Party (NNP) government of Prime Minister Dr Keith Mitchell promised to quickly reinstate the construction company, during the recent general elections campaign; and a little more than a month in office, the promise is being fulfilled.
Minister of communications and works, physical development, public utilities and ICT, Gregory Bowen, made the announcement at a press conference last week.
The Kuwaiti Fund suspended disbursement to Grenada last February, after the Tillman Thomas NDC government failed to make overdue payments on four loans. Bowen said, that the government has entered into a new agreement with the Kuwaiti Fund, which allows CCC to resume operations in April 2013.
Bowen pointed out, that under the new agreement, government must make a one million dollar payment to the Fund the week starting Monday, March 25, and a schedule of payments to wipe out the EC$ 11 million in arrears.
The works minister also told the press that government has also agreed on a schedule to pay CCC half-a million dollars a month, and that he was happy they were resuming operations, without a total pay-off to CCC.
The government owes CCC approximately 100,000 Kuwaiti Dinars, the equivalent of EC$1 million.
“Once we make that down payment which should be done this week or early next week, the Fund will immediately reinstate us and all operations in Grenada will be returned to normal,” Bowen told journalists.
Projects coming on stream include the construction of ten roads.
Minister of State in the Ministry of Works Alvin DaBreo is elated with the new development describing it as very important and timely to the enhancement of the transportation infrastructure and improved access to agricultural lands. He added that agricultural produce will effectively get to markets around the country.
His sentiments have been echoed by president general of the Technical and Allied Workers Union (TAWU) Chester Humphrey.
He congratulated the government on its speedy resolution to the CCC impasse, noting that TAWU had given the Keith Mitchell administration six week to get CCC up and running again.
Humphrey said, that there is now hope for many workers who were who were unemployed, hurting, facing the loss of their property. He was high in praise for the NNP administration, saying, “This government has a better sense of the gravity facing the working people.”