24 to get compensated for land acquired for Tobago airport project
Created : 2 October 2020
Photo: ANR Robinson International Airport, Crown Point.
Approval has been granted for the payment of compensation to an additional 24 property owners in Tobago, whose properties are being acquired for the construction of a new Airport Terminal at the ANR Robinson International Airport in Crown Point.
In a statement on Friday, Finance Minister Colm Imbert and Chief Secretary of the Tobago House of Assembly Ancil Dennis gave an update on the acquisition of properties for the project.
To date, 65 property owners have negotiated and settled with the State at a total cost of approximately $I04 million.
The National Infrastructure Development Company Limited (NIDCO), on behalf of the State is continuing to issue payments of compensation through its Land Acquisition Consultant ACQ & Associates to the respective property owners.
These compensations now represent 14.3 acres of the 53 acres of land required for the construction of the new terminal, including six commercial, ten residential and five mixed (home business) properties.
Property owners who have settled with the State will be contacted by ACQ and Associates for the execution of legal indemnity agreements and collection of payments. The State will enter and take possession of settled empty lands as soon as compensation is paid.
Property owners who are yet to commence the negotiation and settlement process are encouraged to contact ACQ and Associates 723-7475/342-8086 to make appointments for negotiation meetings.
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