Govt, China sign $1.8B deal

Finance Minister Larry Howai and the bank’s vice-president, Zhu Hongjie, signed the agreement at the Trinidad Hilton, St Ann’s, Port-of-Spain

The contractor for the projects is the Shanghai Construction Group of Companies, which Zhu said “is one of the best construction companies in China. We believe that under Shanghai, the two projects will be completed on time with the quantity and quality of work required of them guaranteed,” he said.

Some 40 percent of the workmanship of the projects, he said, will be local.