Home' Trinidad and Tobago Guardian : February 26th 2015 Contents FEBRUARY 2015 • WEEK FOUR www.guardian.co.tt BUSINESS GUARDIAN
THE ECONOMIST | BG23
Airports Authority of Trinidad and Tobago ('the Authority')
invites suitably qualified firms and individuals to submit
proposals for leasing and developing land at the Piarco
AeroPark for Warehousing Operations. This is an attractive
opportunity to operate in one of the most high-traffic areas
in Trinidad and Tobago.
The Piarco AeroPark is a mixed use business park just north
of the Piarco International Airport in Trinidad and Tobago.
The Piarco AeroPark is the first aerotropolis or airport city in
the Caribbean. It will contain zones for various activities
Copies of the RFP can be obtained from December 30th
2014 between 8:00a.m. and 4:00p.m. at the Cashier's
Booth, Airports Authority Administration Centre, Piarco
International Airport, South Terminal, Golden Grove Road,
Piarco, Trinidad and Tobago upon payment of a non
refundable fee of US$200.00 plus VAT.
A Pre-Proposal Conference and Facility Tour will take
place at 10:00a.m. on March 04th 2015 at the following
Proposers and their representatives are encouraged to attend
the Facility Tour to acquaint themselves with the conditions
therein which may influence their proposals.
The deadline for submission of proposals is April 28th 2015
at 2:00p.m. AST. Late submissions will not be considered.
The Authority does not bind itself to accept the lowest or any
Questions or requests for further information should be
The Secretary Tenders Committee
The subject line should read
at the Piarco AeroPark
TrINIDAD AND TOBAGO
of the total, have remained constantly poor since
2004. In Colombia the figure is more than 30 per
cent, and in Guatemala it is a "shocking" 50 per
cent, the study reports.
Chronically poor people tend to be concentrated
in remote areas or on the peripheries of the big cities.
As a group they started off in worse shape than those
who subsequently escaped poverty. They are less
likely to have basic services, such as clean water and
sewerage. Their children are more likely to drop out
of school. In other words, these people are poor not
only in income but also in housing and assets.
Offering opportunities to the chronically poor
requires a more active and co-ordinated approach
than that provided by conditional cash-transfer plans,
such as Brazil s Bolsa Familia, which now benefit
some 129 million people in the region. Chile Solidario,
a pioneering programme, gave social workers the job
of seeking out such people and encouraging them to
enroll in training plans, take up social benefits and
raise their aspirations.
The second big challenge for the region is to prevent
those who left poverty from falling back into it in
the bleaker economic climate. The largest single pop-
ulation group, sandwiched between the poor and the
middle class, is what researchers call the "vulnerable,"
those who have an income of between US$4 and
US$10 a day but lack education, savings and other
assets to provide them with economic security or to
protect them if they lose their jobs.
Returning to faster growth is thus a necessary, but
probably not sufficient, condition for the fall in poverty
to resume. Achieving that will require both policy
choices and better coordination. Public investment
in roads, clean water, better policing and better schools
sometimes help the chronically poor more than social
Plans such as Chile Solidario are promising, but
require careful design and implementation. Training
in skills is vital and neglected. So is extending social
insurance against health emergencies, unemployment
and natural disasters, all of which can destroy meager
savings and push the vulnerable back into poverty.
Some Latin American countries have scope to raise
income and property taxes on the better-off to pay
for all this. In others, though, taxes already are close
to their upper limits. The steady expansion of social
programs during the past decade may not continue.
Social spending as a percentage of GDP rose from
15 per cent in 2000 to 19 per cent in 2013, but that
is now leveling off.
Poverty remains unacceptably high in Latin Amer-
ica s democracies. Bringing it down has become
harder. It will require more astute politics and poli-
@2015 The Economist Newspaper Ltd. Distrib-
uted by the New York Times Syndicate
From Page 22
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