MTBS News

MTBS kicks off Eastern Caribbean Ferry Feasibility Study at the Port of Spain

On May 1st, MTBS commenced her work on the Eastern Caribbean Ferry Feasibility Study with a kick-off meeting with the World Bank, hosted by the Port Authority of Trinidad and Tobago in the Port of Spain, one of the ports in the scope of the assignment. The Port Authority CEO, Ms. Lewis, welcomed MTBS and initiated discussions on the rationale for establishing a regional ferry service connecting the Eastern Caribbean island-states and the challenges that have prevented such a service from coming to fruition in the past.

This study is being carried out jointly by the World Bank and the International Finance Corporation and is funded by the government of Canada. MTBS was selected by the World Bank Group to support the execution and preparation of this study.

Following the kick-off, MTBS visited Barbados, Grenada, St. Vincent, St. Lucia, Dominica, Antigua and St. Kitts to meet with key stakeholders including the port authorities, port operators, ferry operators, tourism boards and relevant ministries over the course of a three week period. MTBS’ technical, economic and financial feasibility analysis will be developed into a Business Plan and a Project Implementation Plan.