Home' Trinidad and Tobago Guardian : February 19th 2015 Contents A17
Thursday, February 19, 2015 www.guardian.co.tt Guardian
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Chaguanas first inner borough Public Trans-
port Service Corporation (PTSC) bus service
was launched yesterday.
Development Bank (IDB) says it will
provide up to US$7 million in grants
to finance regional public goods (RPGs)
projects in Latin America and the
Caribbean this year.
It said the projects were aimed at
resolving shared challenges and seizing
opportunities for development through
The IDB said the initiative would pro-
vide funds for RPGs that are produced
collectively by a minimum of three IDB
In the launch of the 2015 call for pro-
posals and the initiative for the pro-
motion of RBGs, the IDB said the other
two selection criteria are the value added
of a regional versus national approach
to addressing a development challenge
or opportunity, and the prospects of
sustaining the benefits of regional col-
lective action beyond the support of
The IDB said the "interest in SSC
among the bank s borrowing members
was a reflection of the fact that the
region is a source of innovative devel-
opment solutions that can be shared
and replicated throughout LAC and in
other parts of the developing world."
Since 2004, the RPG Initiative has
financed 114 projects, investing a total
of more than US$90 million. (CMC)
The new service between Chaguanas Main Road
and Price Plaza runs hourly and makes eight stops.
The fare is $3, which is less than the $7 charged
by taxi drivers.
The launch at the Chaguanas Market car park,
opposite the PTSC terminus on Main Street,
Chaguanas, was attended by Transport Minister
Stephen Cadiz, Mayor Gopaul Boodan, President
of the Chaguanas Chamber of Industry and Com-
merce, Richie Sookhai, Vincent Lasse, PTSC chair-
man, and Ronald Forde, PTSC general manager.
Cadiz told the T&T Guardian: "This is very
much a first for Chaguanas. The area never had
this round the town service before.
"Just like how Port-of-Spain and San Fernando
have inner city bus services, we decided to provide
Chaguanas with the service, as well."
Cadiz said the service is part of plans to move
Chaguanas from borough to city status and several
other inner city services are coming to the area.
"We are having three other services, from
Chaguanas to Endeavour, Edinburgh 500 and
He said expansion of PTSC s services would
mean a need for additional drivers.
Cadiz said Chaguanas is the largest residential
community in T&T, with 110,000 people living
in the area.
"I think the services will be well patronised."
Asked how the service will impact taxi drivers
working the Chaguanas to Price Plaza route, the
minister said it will just be another option for
commuters, who may also continue taking taxis
when they have to.
He noted that PTSC buses were the safest mode
of transport in T&T with a very good track record
to prove it.
New bus service
IDB to fund US$7m
in regional projects
Chaguanas Mayor Gopaul Boodan, in second seat at left, PTSC chairman and general manager VIncent Lasse
and Ronald Forde, front seat at right, ride the new Chaguanas inner borough bus service from Main Street to
Price Plaza with other members of the public shortly after its launch yesterday morning.
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