Methanol
Holdings Trinidad Limited has begun work on the estimated $1.2
billion ammonia, urea and melamine plant which is to be located
at the Point Lisas Industrial Estate, Couva.
An Energy
Ministry news release projected that the plant would contribute
significantly to T&T’s economy.
“Benefits
include an estimated 2,500 jobs during construction and once
completed approximately 400 to 500 high paying permanent jobs
and an additional 600 employees for plant maintenance and overhaul
programmes,” the release said.
This plant
is the first of five energy related projects which have been
endorsed by Government.
The others
are an Ansa UAN plant, an Alutrint aluminium smelter, an Alcoa
aluminium smelter and an Essar steel plant.
Actual construction
of the plant will begin this April and is set to be completed
by the first quarter of 2009.
Trinidad
Guardian
Friday
10th March, 2006
Copyright © 2006 Trinidad Guardian. All Rights Reserved
