Home' Trinidad and Tobago Guardian : June 10th 2013 Contents A24
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A National Entrepreneurial
Development Company Limited
(Nedco) sub-office has been
commissioned at the University
of the West Indies (UWI) St
Augustine Campus at the Stu-
dent Activities Centre.
This sub-office is one of the
key developments coming out of
a memorandum of understanding
for a Strategic Working Relation-
ship on Entrepreneurial Devel-
opment signed in October 2012
between UWI and Nedco.
The partnership is considered
a winning formula: The UWI,
central hub of ideas, creativity
and innovation, and Nedco, an
institution with a mandate to
develop and nurture businesses
The physical presence of a sub-
office will support UWI students,
graduates and staff who want to
translate their knowledge and
expertise into entrepreneurial
Campus Principal and Pro Vice
Chancellor, Professor Clement
Sankat pointed to the tremendous
opportunity "to harness the
innovative and creative energy
and capacity that reside in our
regional university through the
work of our students, our grad-
uates and our staff members. It
is an opportunity for us to move
one step closer to building what
I have been calling an enterpris-
ing academy. The physical pres-
ence of Nedco on the UWI St
Augustine Campus is therefore
symbolic of the progress we are
making in promoting a culture
of creativity, innovation and
entrepreneurship on our campus."
Senator Fazal Karim, Minister
of Tertiary Education and Skills
Training and Prakash Ramadar,
Minister of Legal Affairs and MP
for St Augustine, were present
along with Nedco chairman Dr
Natasha Ramkissoon for the
commissioning of the sub-office.
The UWI and Nedco will host
the second annual Entrepreneur-
ship Boot Camp later this year.
sub-office at UWI
Minister of Tertiary Education and Skills Training, Fazal Karim, centre, is flanked by Nedco CEO Ramlochan
Ragoonanan; permanent secretary, Ministry of Labour, Carl Francis, left, and campus principal and pro vice
chancellor, Professor Clement Sankat, right, at the ribbon-cutting ceremony for the new Nedco sub-office at
the Student Activity Centre at UWI, St Augustine.
Caroni (1975) Limited CEO
Deosaran Jagroo says he is excited
about a new initiative which will
see the former sugar producer get-
ting back into food production, this
time producing vegetables.
Jagroo made the comment as he
explained the company would later
this week start planting on a planned
5800-acre project that would see a
boost in the production of local food
He said he was very excited to see
Caroni get back into agriculture after
ten years of dormancy, adding the
project would start with the culti-
vation of 560 acres of land at Orange
During this initial phase, short
term crops will be grown by contract
farmers on lands that were leased to
former sugar workers when they
recieved VSEP in 2003.
Jagroo said the lands would be
leased to Caroni, who would pay the
lease-holder an annual rent.
Caroni is responsible for land
preparation, fertiliser and other pro-
The farmers will then be contract-
ed to grow the crops that will be
marketed on the site.
Jagroo said the profit will be shared
between Caroni and the farmers.
He said Caroni would be providing
security and would also engage
He said when production begins
he wants the public to visit the site,
harvest and purchase produce.
Jagroo said with a growing demand
for produce that was pesticide free,
farmers would be using low level
pesticides on the crops.
As production increases, Jagroo
said he expects that the project will
contribute at least 12 per cent of the
local demand for fresh produce.
He said T&T imported $500 mil-
lion in vegetables that could be grown
locally and wanted local farmers to
capture a chunk of that market.
Caroni (1975) Limited CEO Deosaran Jagroo shows the land at Orange Valley,
Couva, where food production will resume this week. PHOTO: SHASTRI BOODAN
Caroni Ltd resumes
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