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Article: GOVT. TOLD TO CLOSE BANKRUPT SUGAR FACTORY.(Trinidad)(Brief Article)
- Article from:
- Caribbean Update
- Article date:
- August 1, 2001
CopyrightCOPYRIGHT 2001 Caribbean Update, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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A Cabinet-appointed committee has recommended that the Government send home close to 10,000 employees of the bankrupt state-owned sugar company by October and shut down operations, reports CANA (July 11, 2001). The closure of Caroni (1975) Ltd will not only affect the 9,697 employees, but will cause dislocation to some 6,000 cane farmers who supply sugar cane to the company and another 3,000 who perform various sundry jobs, according to The Express newspaper, which quoted from a draft report dated May 25 in which the committee made its recommendation to Enterprise ...