CABINET NOTES: The Cabinet invited the architect—who sits on the National Assets Management Company (NAMCO) board—to breathe new life into the first project to be undertaken by NAMCO.
The 15-year-old carpark that is located on Independence Avenue, which was started under the previous administration, is to be rehabilitated.
Having purchased the incomplete structure for a bargain basement price, the NAMCO will invest millions of dollars to turn the upper floor into ABS Studios that will provide further modernity to television, radio and social networking.
The ground floor will be occupied by a paying leasehold firm that will provide significant returns to government as the landlord.
The NAMCO board will meet in two weeks when it will take many decisions that are to be communicated to the Cabinet.
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purge that out with clorox first. all de ratta shit UPP allowed to pile up in their Can’t Park now turned RATTA CONDOMINIUM!!!
Why?? The park is NEEDED!!! Regardless which government started it. Are we blind to what is happening in St. John’s with traffic and parking? Not to mention the revenues it would generate without any major overheads.
Put down the politics and move the country forward.
Please!!!
” Put down the politics and move the country forward.”
TELL THAT TO TREVOR WALKER AND UPP
The irony about is that they claimed that the building was not structurally sound. Now it is suddenly good enough to for other things. This is just politics at its finest, each party sabbotaging the other party’s one good idea for their own party’s interest – (Partisan Obstructionism). I’m sick and tired of it. There is a clear need for the car park due to the alarming number of vehicles in the city.
IS NYAMCO BEING USED AS A LAUNDROMAT? SINCE IT WAS ESTABLISHED BY THIS ADMINISTRATION.THERE HAS NEVER BEEN A PUBLIC AUDITED REPORT ON THIS NYAMCO.I DO HOPE AND PRAY.IT DOES NOT END UP LIKE THE CHARITY SHARE INC ONCE MANAGED BY MARIA BROWNE.FOR OUR TAX PAYING DOLLARS ARE FINANCING NYAMCO.BY THE WAY GASTON BROWNE.WHY DID YOU ALLOWED CABINET MINISTERS TO BE ON THE BOARD OF NYAMCO?THAT SURELY SMELLS LIKE A CONFLICT OF INTERESTS.STINKS FROM THE HEAD DOWN TO THE BOTTOM.
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