Senior Reporter
andrea.perez-sobers@guardian.co.tt
A business chamber has expressed concern that Prime Minister Dr Keith Rowley announced that he is stepping down without a successor in place and with general elections around the corner. The Confederation of Regional Business Chambers (CRBC) believes this could put doubt in the minds of investors.
CRBC coordinator Jai Leladharsingh said: “This is creating a lot of uncertainty among the business community and has put a halt to domestic investment and over the last few years we have not seen any foreign investment at all. Again, a worrisome situation.”
Weighing in on the prime minister’s legacy Tobago Business Chamber chairman Martin George said Dr Rowley was instrumental in the closure of Caroni Ltd, the Petrotrin refinery, the closure of BWIA, and the subsequent formation of Caribbean Airlines.
“Granted, all three state enterprises were loss leaders and it could be argued that ultimately the country saved millions if not billions by these closures, it’s difficult to hail as monumental success, the closing down, as opposed to the building up of things,” George said.
“Sadly, though, he has never been able to straddle the political divide, and even in the slightest way has been able to project himself as Prime Minister of all of T&T. He has been Prime Minister for himself, his party, his supporters, and sycophants.
“He missed and passed up on several opportunities to show himself as the bigger man, instead preferring to descend into the arena and get into petty squabbles with Watson Duke, THA’s Chief Secretary Farley Augustine, and others of the lesser ilk,” George added.
The president of the Fyzabad Chamber of Commerce wished Dr Rowley an enjoyable retirement.
“The PM’s decision must be a difficult one for him, having served as an MP for so many years, and as PM for almost ten years. However, Dr Rowley may have realised that his leadership is not bearing the results the citizens expected and decided the time is now to bow out as MP.”
Samuel George, chairman of the Gasparillo Chamber of Commerce said any new leader has to engage with the people and communities.
“He or she must put policies in place that will be of benefit to the people of our country. The new leader must show compassion, and empathy, and must close the existing chasm between the government and the people.”
T&T Chamber of Industry and Commerce CEO Vashti Guyadeen Vashti Gayadeen said it was admirable that Dr Rowley wanted to prioritise his family. Chaguanas Chamber of Commerce president Baldath Maharaj said the announcement represents a changing of the guard in T&T’s political landscape, ushering in a period of reflection and transition for the nation.
He said Rowley steered the country through major challenges, including the COVID-19 pandemic, energy market volatility, and pressing social and economic issues.
“The Chamber recognises his contributions and thanks him for his service and dedication to national development,” he said.