Government is still awaiting documentation from Baishanlin and in the absence of this, has been unable to decide on whether to grant the two-year extension requested by the company to fulfill its obligations.
“It still awaits some documentation vis-à-vis its financing, viability, we are awaiting that so as it is now there is nothing happening, we don’t have sufficient (information) in which to even give it an objective review,” Minister of Governance Raphael Trotman said yesterday when questioned on the matter at his post-cabinet media briefing at the Ministry of the Presidency.
Last month, Trotman had said that restructuring and lack of financing are hampering Baishanlin in