Local contractors, the T&T Chamber of Commerce and MovieTowne owner Derek Chin are all against granting a totally-foreign company a piece of the pie in the development of Invaders Bay. Port-of-Spain mayor Louis Lee Sing, however, is not against the idea. M Falcon Ltd, a group of overseas companies, has submitted a proposal for 12 acres of land at Invaders Bay, Port-of- Spain, to build a threetower medical tourism facility. Falcon, in a telephone interview on Wednesday, said it had heard through the grapevine that Cabinet was not too keen to give an all-foreign company the green light.
Falcon insists it wants no local participation in its project because its players are all big on the international scene. Chin also has submitted a proposal for extension of MovieTowne and said he would support the Government 100 per cent in not giving Falcon land at Invaders Bay. "I think the Government is right," he added. Chin said foreign contractors did not construct buildings which reflected the Caribbean. Commenting on the Hyatt Regency, built by a French firm, Geneva Construction, which Falcon wants to hire to build its towers, Chin said: "I have a problem with the Hyatt. It has no links to T&T. It looks like something out of space." Told that the three towers Falcon is planning to build are to represent sails and will be named after Christopher Columbus, who named Trinidad in 1498, Chin said: "I beg to differ. They look like alien monsters. "They have nothing to do with being Caribbean. They are foreign buildings reflecting Miami. "I call a spade a spade. I may not be liked for it." Chin said he, too, was awaiting the Government's response to his proposal. He said he submitted a proposal for 38 of Invaders Bay's 80 acres for his project, Streets of the World, an idea he has been working on since 2006. "You will have a street of India with doubles and a tassa factory; Chinatown with dragon dancing, streets of Africa, Arabia and Europe," Chin said. The project is estimated to cost $2 billion and would involve a partnership with the Government, Chin added. So how are things looking for him?
Insisting he is not the recipient of any political favours, he replied: "I heard through the grapevine I was one of three selected. Nothing official." He said if he did not get through he has MovieTownes to build in Guyana, Jamaica, San Fernando and in east Trinidad. Catherine Kumar, president of the T&T Chamber of Commerce, said the chamber was all for local content. She said: "We support all major contracts that have some local content. Even the Procurement Bill calls for local content in all contracts. "We are not against foreign investment, but there must be some local content involved." Mikey Joseph, Contractors' Association director, said about Falcon's proposal: "Absolutely not! We can't just give our national patrimony to foreigners. What is the benefit to the country?" Joseph said the tendering process being used for Invaders Bay was illegal. "The Central Tenders Board should set out the Requests for Proposals, not a government ministry," he said. Port-of-Spain Mayor Louis Lee Sing said he did not know if "we ought to discourage" the all-foreign investors. "What if a group of citizens go to the US and want to open a chain of roti shops and declare they only want Trinis involved, and the Obama administration says they must have 50 per cent participation by Americans?" he asked.