$12 million ‘well spent’
Tue, November 06, 2012 - 12:08 AM
SEVENTY-FIVE BARBADIANS are likely to get jobs as Barbados replaces its almost-unusable molasses storage tanks with three new ones designed and built locally in the Bridgetown Port.
The concrete tanks, to be built at a cost of $12 million over the next 15 months, were yesterday described by Minister of Agriculture Dr David Estwick as “money well spent”, since they should last about 70 years with less maintenance than the old steel tanks.
Work starts within the next two weeks, providing jobs for about 75 people, said project manager Mark Maloney of Preconco Limited.
Announcing the project to the media, Estwick said the rum export industry, which brings in about US$50 million annually, had long been under threat because of improper storage facilities for its most integral ingredient: molasses. (RJ)Please read the full story in today’s DAILY NATION, or in the eNATION edition.
- Editor's Choice
- Most Recent Comments
- Robert Goode commented on Jobs on Hold
- CARL HUSBANDS commented on Lawyer challenges court decision
- Carl Harper commented on ALL AH WE IS ONE: The bright poor
- Wayne Webster commented on EDITORIAL: Farmers get short end of sugar stick
- Lisha Clarke commented on Robbery accused sent for evaluation