Fazir Khan, President of the Joint Consultative Council (JCC), has voiced cautious optimism regarding the government’s ambitious revitalisation blueprint, which aims to transform the nation by 2035. While expressing scepticism about the feasibility of the proposed timeline, Khan remains hopeful for its success. The blueprint, launched on November 6 by Minister of Works and Infrastructure Jearlean John, outlines a plan to send out Expressions of Interest (EoI) immediately, with Requests for Proposals (RFPs) to be evaluated by April 2024. Some projects are expected to commence as early as August 2024. Prime Minister Kamla Persad-Bissessar emphasized collaboration with the private sector and openness to international investors during the launch. Khan welcomed this approach but highlighted potential legislative adjustments needed to accommodate public-private partnerships (PPPs) and foreign investments. He also noted that certain projects might exceed local capabilities, necessitating international partnerships. Despite these challenges, Khan expressed confidence in the maturity of the local construction industry. Additionally, Minister of Planning and Economic Affairs Kennedy Swarathsingh announced plans to establish a Priority Portal Desk to expedite approvals for projects exceeding $50 million, addressing a longstanding hindrance to development in the country.
