PNM: Is someone interested in BLCA?

Opposition Leader Pennelope Beckles has raised concerns over the government’s recent decision to ban fetes at the Brian Lara Cricket Academy (BLCA), questioning the timing and potential foreign interest in the venue. Speaking at a media conference in Port of Spain on November 13, Beckles referenced Finance Minister Davendranath Tancoo’s statement during the 2025/2026 budget debate about creating a state-sponsored real estate investment trust (REIT). Tancoo described the initiative as a landmark effort to democratize state-owned assets, diversify Trinidad and Tobago’s capital market, and broaden public participation in national wealth creation. High-value income-generating properties, including land, office buildings, and commercial infrastructure, would be transferred into the REIT, with shares listed on the TT Stock Exchange to allow investors to earn dividends. Beckles questioned whether the BLCA was among these properties and hinted at potential foreign interest in the venue. She also criticized the government’s handling of noise pollution, noting that it is a widespread issue not unique to the BLCA. Beckles recalled developing an app during her tenure as planning and environment minister to monitor noise levels in Woodbrook, with plans to share data with other communities. She emphasized that the BLCA’s carpark, used for events, is restored after use, with fees withheld if requirements are not met. Beckles also expressed concerns about the potential loss of revenue for Carnival 2026, citing the cancellation of the Independence Day parade and the extended state of emergency. She questioned the Prime Minister’s refusal to consult with promoters, stating that state-owned facilities like the BLCA belong to the public. Former ministers Faris Al-Rawi and Dr. Amery Browne echoed concerns about the impact on Carnival and regional perceptions of Trinidad and Tobago.