Thursday, January 18, 2018

5-screen cineplex for Gulf City Mall*

HOLIDAY JAM: It was bumper-to-bumper traffic to enter Gulf View Link Road, La Romaine, last week Tuesday when Gulf City Mall hosted its annual Boxing Day sale. –Photo: TREVOR WATSON


 

A NEW five-screen cinema complex (cineplex) is to be opened across two floors of the already-constructed Gulf City Mall (GCM) in La Romaine, San Fernando, a member of the Hadeed family confirmed over the weekend. The information was first disclosed in a credit rating report released earlier in the week.

“Over the coming year, GCM's occupancy level is likely to improve as the company is expected to welcome two new tenants during 2018, one being a Government ministry while the other is an upscale five-screen cineplex. The new cineplex, scheduled for June 2018, will facilitate GCM's re-entry into the entertainment segment. This will further increase the level of competition in this segment in South Trinidad as all three establishments will now have a cineplex,” said Caribbean Information and Credit Rating Services Ltd (CariCRIS) analysts Andre Joseph and Kathryn Budhooram in their credit rating report last week.

 

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