Tax-free concessions will be granted for recycling plants
-says Ramotar at ECO PAK launch
President Donald Ramotar last evening said that government stands ready to grant tax free concessions to any company desirous of setting up a recycling plant while lauding the introduction of biodegradable food packaging containers which could reduce the burden on the landfill and create a cleaner environment.
Ramotar at the time was addressing a small gathering at the launch of ECO PAK, a line of new environmentally friendly containers produced by Caribbean Container Inc (CCI) which is set to be put on the market in October.
Although the pricing for this new commodity which is made out wheat fibres and bagasse and which decomposes in 90 days once exposed to a combination of bacteria, soil, oxygen and sunlight is yet to …..To continue reading, login or subscribe now.