A DISMAL FAILURE.
That grim assessment was yesterday used by Minister of Small Business Development, Donville Inniss to describe the situation facing the struggling United Commercial Autoworks Ltd (UCAL).
He contended that the workers were fooled into believing that they had acquired ownership in a great entity that would transform public transportation, improve the efficiency of the Transport Board and compete like a private enterprise.
“What we’ve had is the mechanical workshop of the Transport Board being spun off but still being totally financed [with] salaries, wages, spare parts, vacation leave, sick leave, even board of director fees all still being paid by taxpayers of Barbados,” said Inniss during debate on the allocation for the Ministry of Transport and Works.
“Yet, still I have seen in the interim period private enterprises being created in Barbados that have gotten involved in the business of mechanical workshops and seem to have succeeded whereas UCAL seems to just be another drain on the taxpayers of this country.”
Please read the full story in today’s Weekend Nation, or in the eNATION edition.