SLASPA launches Sea­port Trade Fa­cil­i­ta­tion

The Star (St. Lucia) - - REGIONAL -

The Saint Lu­cia Air and Sea­ports Au­thor­ity (SLASPA) of­fi­cially launched its new Sea­port Trade Fa­cil­i­ta­tion Ini­tia­tive, dubbed “Less than Con­tainer Load (LCL)” on Wed­nes­day. The LCL will al­low lo­cal com­pa­nies to fa­cil­i­tate trade with CARICOM coun­tries, Mar­tinique and Guade­loupe.

SLASPA’s Gen­eral Man­ager Kee­gan Cox says that the ini­tia­tive em­braces the de­vel­op­ment of small man­u­fac­tur­ing com­pa­nies and lo­cal busi­nesses in St. Lu­cia. “LCL en­sures that our im­porters and ex­porters en­joy a 35 per cent re­duc­tion in the cost of freight by virtue of how it is de­signed,” Cox ex­plained.

Per­ma­nent Sec­re­tary Ti­tus Pre­ville in his re­marks said “We should see those lower costs be­ing re­flected in lower prices to the con­sumer at the su­per­mar­ket.”

The ini­tia­tive pro­vides a 35% dis­count per cu­bic foot on dock­side, steve­dor­ing and destuff­ing charges for LCL CARICOM ori­gin Cargo. Six months after the launch, SLASPA will also be al­low­ing mixed loads.

Prior to the launch of the ini­tia­tive, SLASPA held a se­ries of con­sul­ta­tions with stake­hold­ers in­clud­ing the Cham­ber of Com­merce, St. Lu­cia Man­u­fac­tur­ers As­so­ci­a­tion, St. Lu­cia Small Business As­so­ci­a­tion and sea­port stake­hold­ers who gave valu­able in­sight and feed­back. The Cham­ber of Com­merce has said the ben­e­fits of the LCL

ini­tia­tive will be far-reach­ing, es­pe­cially since there is a greater op­por­tu­nity for lo­cal busi­nesses to boost sales and ex­pand into re­gional mar­kets.

GM of SLASPA Kee­gan Cox.

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