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budget statement 2012.indd - Grenada Customs & Excise Division

budget statement 2012.indd - Grenada Customs & Excise Division

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Agricultural Feeder Roads Phase II<br />

This project includes at least 16 farm roads throughout rural <strong>Grenada</strong>.<br />

A shortlist of eight (8) firms has been approved by the Kuwaiti Fund<br />

to tender for the second phase. The tender and draft contract documents<br />

for the winning bidder have been prepared and sent to the<br />

Kuwaiti Fund for final clearance.<br />

As soon as this clearance is secured, the tender for the second phase<br />

will be launched. Based on the time required for the tender process,<br />

we anticipate that this long-awaited project will commence in the<br />

second half of this year. This project is expected to generate 200-300<br />

jobs.<br />

New Parliament<br />

Mr. Speaker, I am pleased to note that the grant agreement between<br />

Australia and <strong>Grenada</strong> for A$5.2 million was signed by our Prime<br />

Minister in January of this year. This sum will go a long way to<br />

finance the new Parliament which is estimated to cost US$7.5 million.<br />

Government is actively pursuing additional grant financing for the<br />

entire project cost.<br />

The tender for the design of the new Parliament will be launched later<br />

this month. The design process is expected to take 8 months.<br />

Cabinet has already appointed a Judging Panel for the Design Competition.<br />

This Panel will select the winning design for the new Parliament<br />

building.<br />

Subject to securing additional funding, of which we are confident, we<br />

anticipate that a contract will be awarded for the construction phase<br />

in the first quarter of next year. This project is expected to generate<br />

at least 75 jobs.<br />

Lowthers Lane Government Offi ce Complex<br />

The first phase of this project which included a major drain was<br />

completed last December.<br />

Page 42<br />

2012 Budget Statement

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