Skip to main content

NDC. Disturbing questions, no answers!

St. Lucia Star Online "In July 2006, following a visit to a quarry operation in Martinique, the National Development Corporation’s investment services officer Allan Thomas and director Victor Poyotte submitted a report to their board, then headed by Michael Chastanet. The visit followed so-called 'preliminary discussions between the NDC and Carib Sand and Stone on the proposed establishment of a pumice mining operation at La Retraite, in Vieux Fort.'
According to the report 'the proposed investment was estimated at US$2.5 million and incorporated 'the latest in pumice mining technologies.' Observed Thomas and Poyotte, the establishment of the mine in La Retraite would have 'positive impact on the availability of sand aggregates to the domestic market' while helping to reduce the cost of sand aggregates to the local construction sector."

Comments

Popular posts from this blog