Who We Are
Background and Formation
Following the decision to close the naval base and hand over the peninsula to the Government of Trinidad and Tobago in 1967, the Chaguaramas Development Authority (CDA) was, by an Act of Parliament in 1972, established to administer the area.
Under the CDA Act (Chap: 35:02), the CDA is vested with all the lands of the northwest peninsula including the offshore Islands. Under Section 14 of the same Act, the CDA has it's principal function the development of the North-West order. And, to ensure that such development is carried out in conformity with the requirements of the Town and Country Planning Act (Chap 35:01).
Strategic Development
In concert with Government's Medium Term Policy Framework, the CDA is now pursuing a direction that will satisfy the objectives of the growth and diversification of it productive base. With the CDA's new prospective, it is projected that by pressing standing, wasting assets into active service, the CDA can become a more vibrant and pro-active facilitator, partner and landlord.
The Vision
CHAGUARAMAS will become the Tourism, Entertainment and Recreational destination of the Region through Development of selected areas while maintaining a Pristine Environment.
The Mission
CDA will become a world class, technology oriented, customer driven, high performance organization with emphasis on maintaining competitive, cutting edge operational capability and full self-sustainability.
To develop and manage the Peninsula and Offshore Islands of Chaguaramas in the interest of the people of TRINIDAD AND TOBAGO with emphasis on maintaining balanced and sustainable growth and Optimizing the potential of the region.
The Chaguaramas Development Authority (CDA)
Government Agency
Statutory Organization
Guided by a board of directors
Govern by the CDA Act 1972
Leasing
The Authority's acting as landlord, is empowered to grant leases for lands and buildings located on the peninsula. Applications for leases are reviewed under the Tenancy Assessment System. This system derived from the CDA's Leasing Policy, ensures transparency and objectivity in assessing applications for leases. The system is based on six evaluation criteria, which, are biased against 'smokestack" industries and favours environmentally sensitive development of the tourism, knowledge based, and marine industry sectors.
The evaluation criteria for reviewing applications for leases are:
- The nature of the proposed business enterprise
- The professional and business profile of the prospective tenant
- The financial viability of the business enterprise
- Environmental Impact Assessment
- Other Impact Assessments (employment & foreign exchange - generation)
- Regulatory Compliance (building codes & other statutory - - approvals)
