Local company to invest billions in construction sector

Prime US International Limited (Prime), a local Property Development and Management Company, on Monday announced that it will be signing an MOA with Canadian based Project Managers, Wylde Orchid Design & Management Company at Cascadia Hotel, St Anns tomorrow morning.

Prime is also a Holding Company for Caribbean Mining Limited, Prime US Shipping House (P.U.S.H.) Limited and Prime US Network Limited.

According to Prime, the MOA will “officially begin a major housing project starting in February 2018, which will result in approximately 120,000 homes built throughout Trinidad and Tobago over a 12 to 15 year period.” “It is anticipated that this project will engage over 12,000 skilled, semi-skilled and unskilled workers, bringing a much-needed boost to the construction and related sectors.” Prime said it not only intends to make homes available to qualified buyers through financial institutions but also to special groups such as senior citizens, single mothers and young adults. Additionally, the company also proposes to construct low-income housing and “will seek to discuss these initiatives with local partners.” Executives from Prime US International, Caribbean Mining Limited, Wylde Orchid Design & Management (Canada) and a Consultant for Canadian Government Green Energy Initiatives will provide further information on the housing project during a press conference following the MOA signing