{"id":5078,"date":"2024-01-31T09:09:19","date_gmt":"2024-01-31T13:09:19","guid":{"rendered":"https:\/\/eteck.co.tt\/?p=5078"},"modified":"2024-01-31T09:13:03","modified_gmt":"2024-01-31T13:13:03","slug":"brydens-group-breaks-ground-at-e-tecks-factory-road-industrial-park","status":"publish","type":"post","link":"https:\/\/eteck.co.tt\/index.php\/2024\/01\/31\/brydens-group-breaks-ground-at-e-tecks-factory-road-industrial-park\/","title":{"rendered":"Brydens Group breaks ground at e TecK’s Factory Road Industrial Park."},"content":{"rendered":"
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On Friday, 26 January, 2024, Senator the Honourable Paula Gopee-Scoon, Minister of Trade and Industry, delivered the Feature Address at a ground breaking ceremony to mark the beginning of works for the establishment of the Brydens Group\u2019s Regional Distribution Centre at Evolving TecKnologies and Enterprise Development Company Limited’s (e TecK) Factory Road Industrial Park (FRIP) in Chaguanas.<\/p>\n

The Brydens Group\u2019s Regional Distribution Centre will occupy just over 24 acres or approximately 36 percent of the Factory Road Industrial Park. The park, which is an initiative under the Ministry of Trade and Industry in collaboration with the e TecK, spans approximately 67 acres with 12 leasable land lots, all equipped with quality infrastructure and accessible utilities.<\/p>\n

Noting that all 12 lots are already tenanted, the Minister also commended e TecK for playing a crucial role in the park\u2019s development, which included \u00a0infrastructural works: \u00a0the installation of natural gas lines in collaboration with the National Gas Company of Trinidad and Tobago and the construction of a drainage network, detention pond, potable waterlines, wastewater re circulation system, road access, overhead electrical infrastructure and street lighting.<\/p>\n

The Brydens Group\u2019s Regional Distribution Centre represents an initial investment value of over USD$29 million during Phase 1 of development to facilitate the consolidation of the warehousing needs of the Group\u2019s subsidiaries. These subsidiaries distribute numerous consumables, from food items to hospital equipment and hardware items, in the local market and throughout the region.<\/p>\n

Minister Gopee-Scoon shared that according to the \u201c2023 Review of the Economy,\u201d the distribution sector grew by 10.9 percent during the period January to March 2023. The main components in this category are wholesale and retail trade, and natural gas and petroleum distribution. The Bryden Group\u2019s investment, the Minster said, reflects an expectation that positive economic activity will continue in the sector.<\/p>\n

\u201cThe establishment of the centre will also make a significant contribution to the construction sector, generating employment for approximately 300 persons during construction, and a further 500 permanent jobs upon completion in late 2025,<\/em>\u201d she added.<\/p>\n

Deputy Chairman of the Brydens Group Mr. Michael Conyers during his address said, \u201cThe facility propels the Brydens Group confidently into the future, rendering us more appealing to both principals and investors alike.\u201d<\/strong><\/em><\/p>\n

Also speaking at the event were Deputy Mayor for Chaguanas, Ms. Melissa Jadoonanan, who welcomed the start of the project and expressed her anticipation of the company\u2019s economic influence in the Borough of Chaguanas. Mr. Daniel Duncan, Vice President of Projects and Facilities at e TecK and Ms. Nanika Morain Martin, Vice President of Real Estate Assets at e TecK were also in attendance.<\/p>\n

(With contribution from the Ministry of Trade and Industry)<\/em><\/p>\n

See additional photos below:<\/p>\n\n\t\t\t