Motorists are paying more to park while reports of job losses raise fresh questions about employment security at state-owned UDeCOTT.<\/p>\n
The Urban Development Corporation of Trinidad and Tobago (UDeCOTT) increased monthly parking fees at the Government Plaza Parkade in Port of Spain by $50, effective September 1, 2026.<\/p>\n
According to a Trinidad Guardian report published on August 28, reserved monthly parking increased from $600 to $650, while VIP parking rose from $700 to $750.<\/p>\n
UDeCOTT justified the changes as part of efforts to improve customer experience and parking efficiency, replacing individually assigned spaces with a more flexible reserved parking system.<\/p>\n
Now, reports that parkade workers have been terminated raise a different concern: How can customers be asked to pay more while employees face losing their livelihoods?<\/p>\n
The number of affected workers, the reasons for their reported termination and the arrangements for severance or other benefits remain unconfirmed.<\/p>\n
Although the parking increases and reported job losses have not been shown to be directly connected, their timing raises legitimate questions about UDeCOTT\u2019s operational priorities.<\/p>\n
Higher fees may improve revenue, but what does greater efficiency mean if workers are losing their jobs?<\/p>\n
As a state-owned enterprise, UDeCOTT should explain whether the reported terminations form part of restructuring, cost-cutting or changes to parkade operations.<\/p>\n
For motorists, the price of parking has gone up. For affected workers, the potential cost is their livelihood.<\/p>\n","protected":false},"excerpt":{"rendered":"
PARKING RATES start FRUSTRATION, WORKERS FACE TERMINATION.<\/p>\n","protected":false},"author":1,"featured_media":7253,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[62],"tags":[],"class_list":["post-7254","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-trinidad-and-tobago"],"_links":{"self":[{"href":"https:\/\/tringlobe.news\/index.php?rest_route=\/wp\/v2\/posts\/7254","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tringlobe.news\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tringlobe.news\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tringlobe.news\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tringlobe.news\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=7254"}],"version-history":[{"count":0,"href":"https:\/\/tringlobe.news\/index.php?rest_route=\/wp\/v2\/posts\/7254\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tringlobe.news\/index.php?rest_route=\/wp\/v2\/media\/7253"}],"wp:attachment":[{"href":"https:\/\/tringlobe.news\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7254"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tringlobe.news\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=7254"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tringlobe.news\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=7254"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}