Building on the
strengths of infrastructure
INVESTMENT
IS ALWAYS NEEDED TO KEEP THE TRANSPORT NETWORK UP TO THE DEMANDS OF THE MODERN
WORLD, FROM AIRPORTS TO HIGHWAYS AND PORTS
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A BRAND NEW terminal building and new high-speed taxiways
help facilitate passenger journeys at Trinidad’s international airport
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Infrastructure
in Trinidad and Tobago is among the best in the Caribbean, with much of it first
created during the oil boom of the 1970s.
But the demands of a modern, thriving economy mean that more investment is always
needed. As the economy prepares for diversification into IT, tourism and finance,
the government has undertaken to spend $1-2 billion to transform the nations
airports, seaports and highways.
No
country in Latin America is as stable as Trinidad and Tobago, says Minister
of Works and Transport Franklin Khan. So there are a lot of companies
who could put their Latin American headquarters in Trinidad and be just as effective
as if they were in Caracas.
If we develop a proper air/sea link, Trinidad can become the gateway to
the whole continent. The countrys unique position and up-to-date infrastructure
will allow it to become a transshipment hub between North and South America.
The most important changes have been to the countrys airports, both run by the Airports Authority of Trinidad and Tobago (AATT). Crown Point Airport in Tobago is more focused on tourism. It recently became an international airport with direct flights from the U.K. and the U.S. A $12 million upgrade will make it more pleasant for tourists, by expanding terminal capacity.
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LINUS
ROGERS
Chairman of the Airports Authority of Trinidad and Tobago |
One of the countrys most expensive infrastructure investments has just been completed at Piarco International Airport, 35 minutes from Port of Spain. A brand new terminal building opened in May 2001, and high-speed taxiways were also built to get aircraft off the runways more quickly. The total cost was $400 million.
The
new design allows a passenger to get from the plane to the curbside quicker
with much less hassle and discomfort, says Linus Rogers,
Chairman of the AATT. We increased the number of aircraft that we can
bring in within a particular hour, enabling us to defer building a new runway,
maybe for the next ten to 15 years.
Fresh challenges now lie ahead. There is a tendency for Caribbean airports
to have peak periods for international flights early in the morning or late
in the afternoon. We need to attract new airlines to spread the flights throughout
the day, says Mr. Rogers.
The airport
modernization has opened up new trade opportunities, which the airport chief
is keen to seize. We want to create a cargo hub that includes a large
cold storage and dry goods storage area. Trinidad can become a transshipment
center for fresh fish exported from South America to the U.S. and Canada,
he says.
By 2020 we will have a second runway to be used for carrying cargo to
a large, fully-equipped cargo facility offering cheap fuel. We hope to attract
major cargo companies like DHL, UPS and FedEx to use our hub as their base in
the South American and Caribbean region.
The investment
program has also enabled refits at both of Trinidads main ports. Point
Lisas, a private industrial port focused on the export of methanol and urea,
is implementing a $25 million expansion program to enable larger cargo vessels
to use its facilities. Port of Spain Harbor has also been recently modernized
as a transshipment point for Latin America and as a cruise ship destination.
It is due to be privatized in 2004.
In addition money is being spent to improve internal transport links. Soon the
4.5-hour journey from one end of Trinidad to the other will be cut by as much
as a half.
It is not like building a highway through the Amazon jungle. It is about
traffic management on a modern road network. Due to the high standard of living
we have an inordinate amount of cars, says the Minister of Works and Transport.
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