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Budget Speech 2011 - Government of Grenada

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• Reduced cost <strong>of</strong> IT services. It is expected that significant IT cost<br />

savings (<strong>of</strong> 15 – 20 percent) will be realized beginning at the start<br />

<strong>of</strong> the third full year <strong>of</strong> the new company’s operation.<br />

• Reduced IT capital expenditure as several capital equipment with<br />

unused capacity can be shared with other customers.<br />

• Increased productivity as a result <strong>of</strong> improved responsiveness,<br />

improved network performance, increased system uptime and<br />

improved quality <strong>of</strong> service.<br />

• Improved communication within <strong>Government</strong>.<br />

Request for Proposals will be solicited in early March and a partner selected<br />

by the end <strong>of</strong> May. The transition is expected to take approximately 3–5<br />

months and the new company is expected to be operational by October <strong>of</strong><br />

<strong>2011</strong>.<br />

C@RIBNET<br />

The United States, Europe, Asia, Latin America and now Africa are all<br />

connected and are part <strong>of</strong> the world’s global education and knowledge<br />

network. <strong>Grenada</strong> and the rest <strong>of</strong> the Caribbean are not.<br />

This lack <strong>of</strong> connectivity constrains the development prospects <strong>of</strong> our<br />

region in education and innovation and must be addressed as matter <strong>of</strong><br />

urgency.<br />

In July 2006, at the 27th meeting <strong>of</strong> the Conference <strong>of</strong> Heads <strong>of</strong> <strong>Government</strong><br />

<strong>of</strong> CARICOM, it was agreed that a regional network named C@ribNET<br />

be developed connecting all participating members <strong>of</strong> the community to<br />

the rest <strong>of</strong> the world and that the Caribbean Knowledge and Learning<br />

Network Agency (CKLNA) be established to implement and manage the<br />

network.<br />

C@ribNET presents <strong>Grenada</strong> and other CARICOM countries with an<br />

opportunity to connect with and to leverage the world’s knowledge pool.<br />

The initial cost <strong>of</strong> this project is EC$35 million.<br />

<strong>2011</strong> <strong>Budget</strong> Statement Page 53

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