In a May 15 statement in the House of Representatives, Minister of Land and Legal Affairs, Saddam Hosein, set out to address the concerns raised in the public, mostly by Guardian Media, about the operations of this country’s most recently established state enterprise, Landmark TT.
In the statement, Mr Hosein disclosed that in November 2025, Cabinet agreed and approved the establishment of a PPP (Public Private Partnership) between the Government and private developers for the delivery of expedited residential accommodation.
He said that in January 2026, Cabinet agreed to establish a new state enterprise, called Landmark TT Properties Ltd, which would be incorporated and responsible for the PPP.
“Under the PPP model, the State shall make lands available to private sector investors and developers, who shall, in turn, construct fully planned housing communities targeted at mid-to-upper income earners. These housing units will be situated in gated communities with modern design and amenities to cater for the working class,” said the Member of Parliament for San Juan/Barataria.
“The State is not required to seek financing for any of these housing projects as no public funds will be used for the construction of these homes...The developers will be required to fund the entire construction and infrastructural cost of the projects...
“The current model is that LandmarkTT, being the holding company of the state lands, will make the lands available to the developer, but not transfer title of the lands to the developer...
“Following the Design-Finance-Build model, and agreed payment schedule, the contractor is responsible for funding the entire development cost. No money will be collected by the developer until the units are actually sold. So upon sale of the units, on the open market, Landmark TT will keep its share of the proceeds for the land and the developer will then be paid for the construction of the housing unit. Simple matter.”
Questions for Saddam
Some questions arise from Mr Hosein’s statement to Parliament last month:
* There is confusion, in my view, with regard to the responsibilities of the Government and the private developers. At one point, the minister states that the contractor “would be responsible for funding the entire development cost,” and two sentences later, he says “the developer will then be paid for the construction of the housing unit.”
Which is it?
Is it that the contractor would be paid for the construction of the housing units, but would be responsible for “the entire development cost” of the project? The development costs of a gated communities would include, inter alia, the roads to, and within, the gated community, drainage, water, electricity and fibre connections and possibly a sewerage treatment plant?
* At one point, Mr Hosein says these fully planned housing communities would be “targeted at mid-to-upper income earners.” He also refers to housing units catering for the “working class” and to the houses being offered on the “open market.” So, is the target market doctors, lawyers and accountants or teachers and police officers?
* In the Sunday Guardian of May 17, chartered surveyor and managing director of Raymond and Pierre, Afra Raymond asked the extremely important question: “What is the area and value of the State lands commited to this project?” He was referring to the Allamby residential development in Corinth, San Fernando.
The question of the value of the State land is potent because, according to the minister, upon the sale of the houses built under this Design-Build-Finance model, “Landmark TT will keep its share of the proceeds for the land and the developer will then be paid for the construction of the housing unit.”
If Landmark TT is being paid based on the value of the State land, have all of the lands that the company intends to make available to the private developers been valued?
If the land that is being used by the private developers to build houses is, in effect, the State’s equity in these developments, is it not crucial that the public know the value of the State’s investment in these property developments?
Selective or open bidding?
In the May 15 presentation, Mr Hosein said, “I am advised that on the Allamby site, a selective, competitive procurement method was utilised for the selection of the developers, all of whom were already registered the OPR (Office of Procurement Regulation) depositary as contractors in that line of business. And the successful developer in this case was Mootilal Ramhit & Sons Contracting Ltd.
“This was not a single-source selection. I am further advised that the OPR did not halt the works at that site.”
On the Landmark TT website, the state company reveals that Mootilal Ramhit & Sons Contracting received an award of $129.83 million on April 17 for the provision of Design-Build-Finance services for the construction of single-family homes and duplexes at the Allamby Residential Development in Corinth, San Fernando.
In his parliamentary contribution, Mr Hosein added, “I am advised, Mr Speaker, that by letter dated April 20, 2026, from the Office of the Procurement Regulator to Landmark TT, the OPR indicated that it received formal complaints in relation to the Allamby project.”
In effect, the OPR was signalling that it was investigating the award of the $129.83 million award to Mootilal Ramhit & Sons Contracting to establish whether it conformed with the Public Procurement and Disposal of Public Property Act, especially as the contract was awarded on a selective, competitive basis.
That Act, at section 5 (1) states that the objects of the legislation are to promote—
“(a) The principles of accountability, integrity, transparency and value for money;
(b) Efficiency, fairness, equity and public confidence; and
(c) Local industry development, sustainable procurement and sustainable development, in public procurement and the disposal of public property.”
But the procurement regulations state, at 5 (1) “Without limitation to Regulation 29, a public body shall utilise open bidding, unless the complexity of the procurement or market conditions renders another method more appropriate for achieving the best value for money.
At 5 (2), the procurement regulations add, “(2) Open bidding may be preceded by a pre-qualification or pre-selection process set out in the Public Procurement and Disposal of Public Property (Pre-Qualification and Pre-Selection) Regulations, 2021. These procedures are appropriate for large-scale, technically complex and high-value projects for goods, works or non-consultancy services.”
It seems clear to me that in the local procurement law, the default preference is for open bidding and a pre-qualification process, unless the state body can prove that another selection process is more appropriate.
A definitive response on this issue would provide significant guidance to the construction section, especially as the OPR is also reviewing the decision of the Housing Development Corporation (HDC) in April this year to award a contract worth $1 billion to Mootilal Ramhit & Sons Contracting. Mr Ramhit's family business received $1 billion out of contracts worth $3.4 billion that HDC awarded to 11 contractors in total.
The connection between the award of contracts by Landmark TT and HDC and the Revitalisation Blueprint projects is appropriate because if the procurement regulator, Beverly Khan, determines that it is appropriate for state bodies to award housing contracts based on selective rather than open bidding, there is no doubt, in my mind, that the current administration will ensure that ONLY its financiers get any of the 129 contracts worth an estimated $10 billion that are up for grabs under the Revitalisation Blueprint.
