En­tre­pre­neur Amer Haidar, who re­cent­ly an­nounced plans to con­struct a mul­ti-mil­lion dol­lar of­fice build­ing in St Clair, said T&T is a good place to in­vest. He be­lieves there is a great deal of po­ten­tial for in­vestors of all kinds in this coun­try.

Haidar, along with Plan­ning and Sus­tain­able De­vel­op­ment Min­is­ter Dr Bhoen­dra­datt Tewarie, re­cent­ly un­veiled a com­mem­o­ra­tive cor­ner­stone plaque for build­ing which is ex­pect­ed to be­gin con­struc­tion in April. It will con­sist of sev­en storeys, in­clud­ing two lev­els of car park and will be lo­cat­ed at Gray Street. Con­struc­tion is ex­pect­ed to take 12 to 13 months.

The build­ing is a ven­ture of Gi­nam­co Caribbean Lim­it­ed and will be com­plet­ed with fi­nanc­ing from Re­pub­lic Bank Ltd. It is ex­pect­ed to be the new coun­try head­quar­ters for one of the biggest ser­vice com­pa­nies in the world. Haidar ex­pressed con­fi­dence that the con­struc­tion in­dus­try will soon turn around and he is hope­ful that oth­er in­vestors fol­low his lead.

Gi­nam­co Caribbean Ltd is a lo­cal­ly based de­vel­op­ment com­pa­ny with of­fices at Cipri­ani Boule­vard, Port-of-Spain. Tewarie ap­pealed to the bank­ing sec­tor to part­ner with gov­ern­ment in its plans to re-de­vel­op East Port-of-Spain. He al­so promised to help ex­pe­dite the turn­around times on ap­provals for pri­vate sec­tor con­struc­tions projects.