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In The Firing Line
Syrians conquer Valsayn’s Indo-elite
By A. Anderson Morris
FOR all their might and for all their prestige, the “Indian” elite of Valsayn have proven ineffective in recent times against the more powerful forces that exist today in Trinidad, namely the Syrians and the Chinese.

They have been forced to play second fiddle to the invaders of their territory, and like vanquished natives, were made to retreat into an ever decreasing corner in the neck of their woods.

Valpark Shopping Plaza

Valpark Shopping Plaza ... reportedly sold to
Ansa Mc Al.


I will get back to the recent history of Valsayn in a moment.

Information reaching my office is that Valpark Shopping Plaza, owned by Home Construction Limited (HCL), a member of the Home Construction Group of Companies, has been sold to another conglomerate Ansa Mc Al, the owners of the City of Grand Bazaar, just a couple miles west on the Churchill Roosevelt Highway.

Information reaching me also suggests that Valpark will be demolished in a few years time, and it will make way for condominiums.

I must admit, quite an interesting development.

Tenants at the mall usually renew their rental agreements for a period of three years.

On this occasion, their agreements only span the period of one year.

My source within HCL also tells me that the current tenants at Valpark will be given the option to relocate their shops to either Long Circular Mall or Trincity Mall, also owned by HCL.

Atlantic Plaza in Couva is also owned by the same company.

It was said that Valpark Plaza is no longer profitable.

Imagine that! For all the “money” that resides in Valsayn, most of the residents apparently shop elsewhere.

I wonder why they are in this predicament!


What bothers me is why there is need for Home Construction Limited to offload Valpark Plaza.

HCL, a member of the HCL Group of Companies could easily absorb these apparent “losses” until restructuring and/or upgrade could have been completed.

The HCL Group of Companies consist of approximately 30 separate entities involved in manufacturing/fabrication operations; commercial and residential property development and management; property leasing and property management services; construction and construction management; consultancy services; security services; marine services, equipment leasing and maintenance; communication technology; hospitality services; agriculture/horticulture and retail services.

They boast ownership of Long Circular Mall, Atlantic Plaza, Valpark Shopping Plaza, Trincity Mall, Tru Valu Supermarket among many other larger companies.

LAWRENCE DUPREY

LAWRENCE
DUPREY

ANTHONY SABGA

ANTHONY
SABGA

 


Their Board of Directors include Lawrence Duprey, Michael Anthony Fifi, Peter Salvary, Russell Martineau; Louis Monteil and Geoffrey Leid.

Quite an impressive team I must say!

So why can’t a team like this turn around Valpark Plaza?

Information reaching this office suggests that there is a great deal of land and property speculation going on especially between the conglomerates.

Closer examination of the facts may prove this to be true.

By off-loading Valpark to Ansa Mc Al, the later will automatically eliminate their nearest competition in terms of the mall business.

Furthermore, they will be able to construct townhouses in what would be the former Valpark compound, providing centrally located accommodations for a certain clientele (who will no longer be restricted to the west). It is reported that Ansa Mc Al offered HCL a deal they couldn’t refuse!

Notwithstanding the aforementioned, I changed focus to the intersection at the Uriah Butler and Churchill-Roosevelt Highways, where the proposed interchange is to be constructed.

Information reaching my office suggests that a woman, who recently constructed apartments in Bamboo Settlement No. 1 (near the school), sold her property for a whopping $6 million to a Syrian.

This much I do know.

The person or persons purchasing the property must have foreknowledge of government’s plans for the interchange because no developer in their right mind will buy a property in Bamboo No. 1 for that kind of money, not right now.

Simply put, there is a great deal of speculation with help from insiders within the government.

All stand to make a hefty profit at the end of the day.

All this has left the poor man even more marginalised from the development of himself and his community.

With no alternative, what is the poor man to do?

Where is he to go?

No wonder they vacated the residents close to the proposed interchange in such a hurry!

Getting back to Valsayn residents, as I said, for all their money and their prestige, even they will be unable to withstand this incursion into their area.

The track record is there to see.

In 2003 when government proposed to build NHA houses in Ramgoolie Trace, Curepe, on the northern border of Valsayn North, only a few resolute Valsayn residents stood with us.

The outcome is that construction started on the prime agricultural site despite protests from the National Food Crop Farmers’ Association.

A year and a half ago, the South Valsayn Residents Association Limited tried to block the construction of an outlet of Superpharm Ltd., on the corner of Morequito Avenue and Kairi Road.

Despite all the lobbying, all the protests and possible legal action with residents being asked to contribute $1,000 each to the association for legal costs, it all came to naught.

Superpharm will soon be opened.

And not only that, Morequito Avenue has been widened in record time to accommodate this opening and the increased traffic into Valsayn.

In this case, it really pays for Superpharm Ltd. to have friends in high places.

Some people have to wait 20 years for their roads to be paved much less widened!

The Indian elite have once again lost another battle in this never ending battle for supremacy.

With the PNM in government, the Syrians are coming out on top on every occasion.

It really pays to pump money into an election campaign.

The returns can be quite beneficial.

Next, we may loose significant portions of what were Caroni lands.

Well, as the saying goes, “We like it so!”

While the conglomerates work out their deals and the families of government ministers laugh all the way to the bank, we are forced to think twice about our surroundings, our politics, and our commitment to a free society.

Don’t get me wrong, I will be the last person to have anything against people with “money.”

I believe that if you work hard, and make wise investments, you should be able to enjoy the benefits of your labour.

My duty, in this instance, is just to report to you what is going on in your surroundings.

It is up to you to act or don’t act on it.

The ball is now in your court.

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