PORT-OF-SPAIN SHOPPING COMPLEX LIMITED
The Port-of-Spain Shopping Complex Limited (‘the POSSCL’) was incorporated in 2020 as a Limited Liability Company under the Companies Act, Chapter 21:01. It comprises of three (3) Malls located at:
- No. 32 Charlotte Street, Port-of-Spain (formerly known as Eastside Plaza);
- No. 41 Independence Square (formerly known as New City Mall); and
- No. 43 Independence Square. (ear-marked for construction)
The malls of the POSSCL are strategically situated within the geographic area earmarked for urban regeneration in east Port of Spain by the Government of the Republic of Trinidad and Tobago.
The primary objective of the POSSCL is to create more comfortable, secure commercial space to facilitate viable micro-entrepreneurial businesses among residents of East Port-of-Spain.
The Port of Spain Shopping Complex Limited (POSSCL) is charged with the responsibility of nurturing the entrepreneurial spirit among the residents of East Port of Spain and ultimately contributing to the improvement in their standard of living. Using a business incubator model, the company offers subsidised commercial rental spaces as well as a suite of business support services for a predetermined period all geared towards the growth and development of the businesses located within its walls.
To be the focal point for transformation which nurtures the spirit of entrepreneurship, social empowerment and economic development of East Port of Spain.
Facilitating viable entrepreneurial activities among the residents of East POS by creating secure commercial spaces and providing business support services by competent and motivated employees.
Integrity, Motivation, Professionalism, People Focus
- To provide an avenue for the establishment and development of an entrepreneurial spirit among residents of east Port of Spain; and,
- To alleviate the challenges associated with the management of roadside vending;
To develop entrepreneurial type businesses along a Business Incubator model, in which fledgling businesses are given an opportunity to benefit from skills training for a pre-determined period before moving out to co-exist among established businesses.
Initially, the Malls were developed to provide a space for a mix of fledgling micro and traditional businesses, so that they can have an opportunity to benefit from entrepreneurial skills training for a pre-determined period of about five (5) years, before moving out to co-exist among established businesses.
This was designed to facilitate growth of these businesses, expand entrepreneurship, broaden financial independence, increase opportunities for job and wealth creation and ultimately contribute to the economic, social and physical transformation of east Port of Spain. In so doing they have continued to serve the interests of the residents of east Port of Spain which averages about 95,000 persons.
create economic wealth and contribute to the economic, social and physical transformation of east Port of Spain.
New City Mall
41 Independence Square
Port of Spain
Telephone/Fax No: (1)868-624-7581 Email: POSSCL@gmail.com
Eastside Plaza
#32 Charlotte Street, Port of Spain
Telephone Nos: 625-5516
E-mail: eastsideplaza@gmail.com