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So you spend $500 million doing investigations and designs, but you haven’t done a feasibility yet, and you don’t know what the cost of the project is. How do you find out the cost of the project?
An analysis and evaluation of a proposed project to determine if it (1) is technically feasible, (2) is feasible within the estimated cost, and (3) will be profitable. Feasibility studies are almost always conducted where large sums are at stake. Also called feasibility analysis. See also cost benefit analysis.
UML wrote:Election date today?
hustla_ambition101 wrote:UML wrote:Election date today?
You not high enough on the food chain to know?
rfari wrote:Take ollur time. Elections in July/august lord willing
UML wrote:But the PNM always hid the election date in their back pocket. Seems like u. Conveniently forgot.
Nah I am a small fry sheep
As our honorable PM said, it is not constitutionally due.
Casper23 wrote:Same donkey sense....because the PNM\Manning do it,we could do it too
shotta 20 wrote:Not donkey sense really.. just showing that do so ent like so..
Anyways, why u wanna vote out Aunty Kams? Do u perfer Dr.Rowley as PM?
What sort out progress do u expect under PNM?
shotta 20 wrote:Not donkey sense really.. just showing that do so ent like so..
Anyways, why u wanna vote out Aunty Kams? Do u perfer Dr.Rowley as PM?
What sort out progress do u expect under PNM?
desifemlove wrote:September, maybe August....she wanna rub it in to PNM that she going de full hog...and she has a point, Manning didn't need to call no election.
and mr. zoom saying we doh need no better transport system...well even UWI people saying we need it.
http://www.newsday.co.tt/business/0,210236.html
WI lecturer says rapid rail system necessary
Saturday, April 25 2015
SENIOR economist at the St Augustine Campus of the University of the West Indies (UWI), Dr Roger Hosein, says sooner or later Trinidad and Tobago will have to establish a light rapid rail system.
Referring to the explosion in the numbers of motor vehicles on the nation’s roads, Hosein responded to a question by saying that at some point, the country will need to revisit other forms of mass transportation which could move people quickly from one point to another. He said the coastal ferries seemed to be gaining in popularity as he knew many public servants, including senior ones, who were using them to travel from San Fernando to Port-of-Spain. He added that this had helped to ease transportation between San Fernando and Port-of-Spain.
“But really, we should be thinking along the lines of an enhanced and improved bus system and more and more as we go forward our per capita Gross Domestic Product (GDP) in particular is pointing in the direction of a rapid rail system.”
Hosein was speaking on Wednesday during a one-day seminar “Understanding the Trinidad and Tobago Macroeconomy. The talk was organised for journalists by the Trade and Economic Development Unit of the UWI’s Economics Department of which he is the coordinator. The seminar was held at the Scarlet Ibis Room of the Hilton Trinidad and Conference Centre, St Ann’s. In response to another question, he said the Compressed Natural Gas (CNG) buses which were recently launched by the Public Transport Service Corporation is “a transitory phase” between the current modes of transportation, and the eventual mode of transportation which he said would ultimately have to be a light rapid rail system.
However, he said the promoters of the project will have to return to the market and get new estimates from a wider range of contractors for building the system, to see which is the most affordable and best suited to the needs of the country. He added that if per capita GDP continued to rise, in three years’ time the main constraint on growth could well be the country’s mass transit system, or lack of one.
“But at some point in time that problem is waiting to rear its head more than it is now. It is already there but traffic is certainly one of the things that slows down productivity,” he said. Hosein said he “totally supports” the construction of the San Fernando to Point Fortin highway as a good opportunity to open up under-utilised and in some cases un-utilised resources.
Pointing to the East-West Corridor from Arima to Port-of-Spain, Hosein said all along the Eastern Main Road there is a vast ammount of small businesses. He added, “If we could get the Pt Fortin to San Fernando Highway to open up economic space of that nature it will bring all this open land to the left and right.
Kamla Persad-Bissessar announced on Wednesday that when she takes office at the head of a People's Partnership government she will legislate fixed dates for election - both local and general.
.......On the element of surprise in election she such "political games" will end when she takes over the government because she will be legislating fixed dates for elections. And she pledged that there will be a two-term limit for prime ministers.
eliteauto wrote:ZR logic, PNM did something 40 years ago so now they can't correct it. Hopefully one day the PNM will fire all those MInisters who did that and have new persons contesting elections.
#notmeanderrolmahabirnah
zoom rader wrote:desifemlove wrote:September, maybe August....she wanna rub it in to PNM that she going de full hog...and she has a point, Manning didn't need to call no election.
and mr. zoom saying we doh need no better transport system...well even UWI people saying we need it.
http://www.newsday.co.tt/business/0,210236.html
WI lecturer says rapid rail system necessary
Saturday, April 25 2015
SENIOR economist at the St Augustine Campus of the University of the West Indies (UWI), Dr Roger Hosein, says sooner or later Trinidad and Tobago will have to establish a light rapid rail system.
Referring to the explosion in the numbers of motor vehicles on the nation’s roads, Hosein responded to a question by saying that at some point, the country will need to revisit other forms of mass transportation which could move people quickly from one point to another. He said the coastal ferries seemed to be gaining in popularity as he knew many public servants, including senior ones, who were using them to travel from San Fernando to Port-of-Spain. He added that this had helped to ease transportation between San Fernando and Port-of-Spain.
“But really, we should be thinking along the lines of an enhanced and improved bus system and more and more as we go forward our per capita Gross Domestic Product (GDP) in particular is pointing in the direction of a rapid rail system.”
Hosein was speaking on Wednesday during a one-day seminar “Understanding the Trinidad and Tobago Macroeconomy. The talk was organised for journalists by the Trade and Economic Development Unit of the UWI’s Economics Department of which he is the coordinator. The seminar was held at the Scarlet Ibis Room of the Hilton Trinidad and Conference Centre, St Ann’s. In response to another question, he said the Compressed Natural Gas (CNG) buses which were recently launched by the Public Transport Service Corporation is “a transitory phase” between the current modes of transportation, and the eventual mode of transportation which he said would ultimately have to be a light rapid rail system.
However, he said the promoters of the project will have to return to the market and get new estimates from a wider range of contractors for building the system, to see which is the most affordable and best suited to the needs of the country. He added that if per capita GDP continued to rise, in three years’ time the main constraint on growth could well be the country’s mass transit system, or lack of one.
“But at some point in time that problem is waiting to rear its head more than it is now. It is already there but traffic is certainly one of the things that slows down productivity,” he said. Hosein said he “totally supports” the construction of the San Fernando to Point Fortin highway as a good opportunity to open up under-utilised and in some cases un-utilised resources.
Pointing to the East-West Corridor from Arima to Port-of-Spain, Hosein said all along the Eastern Main Road there is a vast ammount of small businesses. He added, “If we could get the Pt Fortin to San Fernando Highway to open up economic space of that nature it will bring all this open land to the left and right.
Son, show me where I said trini don't need a better transport service.
The British in their wisdom saw it fit to build a rail when we had less cars and population
The PNM saw it fit to destroy the brits rails because of a conman that wanted the scrap steel and new car dealers wanted a sale.
PNM was conned out of working rail system, that alone should tell you that PNM should not be building anything.
Casper23 wrote:shotta 20 wrote:Not donkey sense really.. just showing that do so ent like so..
Anyways, why u wanna vote out Aunty Kams? Do u perfer Dr.Rowley as PM?
What sort out progress do u expect under PNM?
Well if you are contented with the state this country is in under this woman's leadership by all means keep her in power,rampant corruption, health care leaves much to be desired yet this woman could come and give baby grants and Ipads to primary school students, shows where her priorities lie keep feeding the dependant syndrome while oil prices continue to plummet
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