Taiwan pumps $9M into government coffers for ongoing and new projects

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Taiwan pumps $9M into government coffers for ongoing and new projects
Officials at the handing-over ceremony.
Officials at the handing-over ceremony.

Prime Minister and Minister for Finance Dr. Kenny D. Anthony has expressed thanks to the government of the Republic of China (Taiwan) for its contribution of EC $9,058,765.09 (USD  $3,369,825.56) to the accountant general for new and ongoing projects.

Proceeds of the cheque will be deposited in the Consolidated Fund.

Speaking at the handing-over ceremony held in Tuesday, March 27, 2013, at the conference room of the Ministry of Infrastructure, Dr. Anthony outlined the projects for which the funds have been earmarked.

The prime minister said: “The first project, which is under the Ministry of Youth Development & Sports, originates from this financial year’s capital programme and involves the provision of lighting for four of our island’s recreation grounds at a total cost of approximately EC$2.21 million. The four playing fields to benefit the added ability of night use will include the Marchand Grounds in Castries, the Phillip Marcellin Grounds in Vieux Fort, the La Ressource Playing Field in Dennery and the Anse la Raye Playing Field.”

The prime minister further explained that a portion of the funds will be allocated for the procurement of equipment for the forensic laboratory and Saint Jude’s Hospital.

“Monies will also be allocated through this cheque for long-awaited forensic equipment which will be procured for the Forensic Laboratory.  As you know, the ROCT government had already agreed to provide support to re-establish the surgical wing at the fire-ravaged facility. The Taiwanese are now graciously agreeing to provide a further EC$6.36 million for the procurement and installation of critical diagnostic and radiological equipment for the new facility. Just under EC$3.21 million of the amount will be provided under this tranche of funding to commence procurement.”

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11 COMMENTS

  1. Yea Yea Yea we all know some of that money will be going into someone's pocket.Any guesses?...hmmm The same person who is the finance minister?...JACKPOT.

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  2. Some of the money is going to build boothes at vigie beach as well - taiwan needs to pump more cash into our economy help st lucia with its new airport Terminal bldg in vfort and help us improve our expansion and modernization of our highways pump $10ss of millions in those 2 projects

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  3. there should be an official inventory of expenditure of all the funds, open to public scrutiny,transparency must prevail,may Taiwan continue with their community projects in st,lucia.

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  4. We should thank them for the generous support to our development and the well-being of us St Lucians. But taking a look at these numbers based of the report here, the full plan for the full use of that monies is not high-lighted and that is where my concerns are, how much transparency are we subjected to as stakeholders in the generosity of Taiwanese gift. What is the rest of the monies doing/ going to ?

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    • Pat thin you did not read the part where it said it will be deposited in the Consolidated Funds? What are you implying. You all read but ask people like you what is it you read can't tell jack shit.

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