GOVT. TOLD TO CLOSE BANKRUPT SUGAR FACTORY.(Trinidad)(Brief Article)

Caribbean Update | August 1, 2001 | Copyright

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 ...

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