Senior Multimedia Reporter
peter.christopher@guardian.co.tt
Despite the recent announcement of the downsizing of its workforce in T&T, Proman is looking forward to good news in the upcoming budget presentation.
When asked about the October 12 budget for the 2027 fiscal year, deputy managing director of Proman T&T, Giselle Thompson, said given recent announcements within the energy sector, the company is expecting encouraging news.
She said, “There’s been lots of key energy announcements in the past few weeks, and we understand a few more to come. I think we remain quite optimistic on the outlook for improved gas supply in the coming months and years ahead. And I think very important to the continued sustainability of our downstream industries. So we’re looking forward to the budget presentation.”
She spoke with reporters after Proman launched a new book chronicling the history of Industrial Plant Services Ltd (IPSL), now Proman Operations.
News that the budget date was set for October 12 broke on Thursday while the event was underway.
Last week, Proman announced plans to reduce the company’s workforce as a result of uncertain natural gas supplies in Trinidad. These shortages have prevented Proman from operating all of its Point Lisas plants consistently at full capacity.
However, Thompson would not give additional details about that situation. She said, “Right now we’re in the middle of a consultation process with our employees, and we’re respecting that process, so there’s nothing we can share at this point in time, but if there is more then we will share it.”
The book, Industrial Plant Services Ltd: Historical Evolution and Pioneering Role in Trinidad and Tobago’s Globally Competitive Petrochemical Industry, 1999 - 2019, is a detailed account of IPSL’s contribution to the development of Point Lisas.
At the launch, Proman also announced the new scholarship in honour of Clinton B. Ramberansingh and his longstanding contribution to mentorship and technical training. The initiative will support T&T nationals pursuing industry-relevant technical training and forms part of Proman’s continued investment in developing local talent.
Housing Minister David Lee also spoke with media at the event. He said the country should be pleased with announcements with regard to housing in the budget.
“I want to assure the people, under the leadership of the Honourable Kamla Persad-Bissessar, we will have a very transparent and accountable process. Fear not, I say to the citizens of Trinidad and Tobago, so we are very hopeful, you know. We are still constrained by revenues, which is why we are going in the PPP model to be able to bring homes for the citizens of Trinidad and Tobago,” he said, adding that the recent amendment of the procurement legislation should help grow the construction sector and the economy.
