THE Government has set out a Request for Proposals (RFP) for a primary Point Fortin project, but sources say a preferred contractor has already been identified.
There may be a rough analogy to the construction of a large Housing Development Corporation (HDC) project at Old Arima Road, D’Abadie on a weak foundation.
An exhaustive report by the engineering firm CEP Ltd. uncovered several structural weaknesses, including unsuitable soil, construction cracks, a high water table, and other significant irregularities.
A SHOCKING Housing Development Corporation (HDC) report has revealed major structural defects on a key townhouse project in Arima.
The widespread collapse of the flagship Trestrail Development housing project at Arima Old Road would set back taxpayers by at least $100 million, housing experts have confirmed.
As the industry reopens after the Covid-19 shutdown, Trinidad and Tobago is in the midst of a mortgage market crisis, confirmed by the Central Bank and by agents in the sector.
Home prices have slumped by as much as 30 per cent, and it is a buyers’ market.