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  • 2 years ago
The Works and Transport Minister says the Finance Ministry will be responsible for the winding up of the Secondary Road Rehabilitation and Improvement Company.

Speaking with TV6 News today, the Minister also said that in keeping with Local Government reform, the nation's Municipal Corporations will now be able to pave secondary roads faster, once they receive the necessary funding.

Juhel Browne reports.
Transcript
00:00TV6 News contacted Works and Transport Minister Rohan Sinanan via telephone on Saturday to
00:07get details about the winding up of the Secondary Road Rehabilitation and Improvement Company,
00:14the SRRIC, as had been announced by Prime Minister Dr Keith Rowley in Parliament on
00:20Friday.
00:21That is not handled by the Ministry of Works and Transport and that is handled actually
00:24by the Ministry of Finance.
00:28The Ministry of Finance is the corporation's sole and the Ministry of Finance is the one
00:32who winds up companies and makes that final decision.
00:38The Works and Transport Minister then spoke about the changing of the board of the SRRIC
00:44as part of the winding up process.
00:45That is a normal practice when you are winding up a company.
00:50What you normally do is that you remove the existing board and you put in a board of public
00:56servants from the Ministry of Finance and that board then has to make sure, because
01:02you can't just wind up a company like that, you have to make sure all the debts are settled,
01:06any liabilities are settled and so that process then takes place.
01:11And how will the winding up of the SRRIC impact the paving of secondary roads?
01:18Now the local government corporations can do their own thing.
01:22So once the funding is made available to them, it is supposed to be a much faster way
01:27to have road repairs on the localised roads.
01:32It is supposed to be a lot faster rather than it has to go to the Ministry of Local Government,
01:37it has to come to the Ministry of Works and then it has to go to the company and then
01:40you have to determine who picks these roads and things like that.
01:45Because it's really not fair to hold a corporation responsible for the roads but then central
01:50government is determining which roads they are going to ask the secondary road to fix for them.
01:56The Works and Transport Minister said it is all part of the government's policy of local
02:01government reform as he also referenced the full implementation of the Procurement Act.
02:07Jule Brown, TV6 News.
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