Galeota project on track
The US $60 million Point Galeota project, PLIPDECO’s latest port development undertaking in south-east Trinidad, is moving ahead with two of the key preparatory works competed — the Environmental Impact Assessment (EIA) study which was sent to the Environmental Management Authority (EMA) in the middle of June; and the technical feasibility study completed by Lee Young and partners in early June.
The two public consultations with residents of the area mandated by the EMA have been completed and yielded significant local information to assist in formulating the EIA report. The financial feasibility study being done by Ernst and Young, was due to be ready by the end of June, and further action on the project will have to await the Certificate of Environmental Clearance from the EMA.
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"Galeota project on track"