State sheds ‘loss-making’ firms
Business
Politics
October 15, 2026
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The Government is preparing to issue requests for proposals (RFPs) for the divestment of the Hilton Trinidad, Magdalena Grand Beach and Golf Resort in Tobago and National Quarries Ltd, as Prime Minister Kamla Persad-Bissessar says the State can no longer afford to use taxpayers’ money to sustain loss-making companies.
She yesterday confirmed that work was already under way to issue the RFPs shortly.
She did not provide a timeline for completing the sales.
Business
Politics
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