GTM Invests In New Regional Head Office Building In Saint Lucia

Officials of Guyana and Trinidad Mutual Group of Companies (GTM) have broken ground in Castries, on the construction of a new state-of-the-art, multi-million dollar divisional headquarters.

The company says it decided that Saint Lucia was the best place to grow and expand in the Eastern Caribbean.

According to GTM, the construction phase will run for twelve months, and will employ scores of Saint Lucian workers at all levels. The new Eastern Caribbean divisional headquarters is being constructed on 54,000 square feet of land in Choc Estate, close to the highway and Choc beach front.

The project was awarded to a local contractor as GTM plans to making a solid commitment to the Saint Lucian economy, and the decision to construct the sub-regional office for the Eastern Caribbean comes following an extensive and rigorous review process, resulting in the conclusion that Saint Lucia was the best place for the company’s next expansion.

“This initiative represents a substantial investment in Saint Lucia, and the Eastern Caribbean for GTM,” noted Saint Lucia Branch Manager Kirk Maraj. The Choc-Estate Eastern Caribbean divisional headquarters is being constructed on 54,000 square feet of land. The project was awarded to a local contractor and was locally designed as well. The construction phase will run for twelve months and will employ scores of Saint Lucian workers at all levels.

“We are not only changing the skyline of Choc Estate but more importantly, deepening our roots in the Saint Lucian economy,” Maraj exclaimed enthusiastically.

Being constructed in accordance with the ‘going green’ environmental standards, the modern reinforced concrete building, framed with a glassy envelope on a commanding corner lot, will be energy efficient.

Headquartered in Georgetown Guyana in 1880, the GTM group of insurance companies established its first office in Saint Lucia in 1954. In 1998 the company acquired the first national life insurance portfolio. GTM operates in three locations in Saint Lucia namely Castries, Vieux Fort and Soufriere.

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