Kingston-based hardware firm Tank Weld will be sending US$1.6 million worth of building materials on concessionary terms to St. Vincent and the Grenadines to assist in the rebuilding effort.
This followed the destruction caused by flood rains there on Christmas Eve last year.
A Tank Weld vessel with the supply of materials will leave the company’s port at Rio Bueno, Trelawny on Friday, January 10, according to a release issued on behalf of the firm.
In addition, the release said, Tank Weld will be contributing J$10 million to the rebuilding programme by paying half of the shipping costs.
Nine persons perished in the flood and buildings were destroyed, resulting in 70 persons remaining in shelters for more than two weeks.
“The vessel will carry building material, the cost of which has been discounted by 30 per cent. In addition, our company has extended generous credit terms to the government of St. Vincent & the Grenadines, with a payment plan over a 10-month period,” said Chris Bicknell, chief executive officer of Tank Weld.
This is the second time that Tank Weld is responding to an appeal from Prime Minister Ralph Gonsalves to provide building material to disaster-struck St. Vincent & the Grenadines.
In 2010, following the onslaught of Hurricane Tomas, the company assisted the country with building materials and relief supplies.
According to Bicknell, Tank Weld has been able to offer the range of building materials and special delivery service to the Eastern Caribbean in a timely and cost effective way because of the strategic location of the company’s facility at Rio Bueno where a wide range of building materials consolidated in a 10-acre warehouse can be efficiently loaded onto the company’s vessels.
Tank Weld is appealing to other Jamaican companies to assist the people of the Eastern Caribbean country.