We also asked Almendarez about how large scale investments are handled by Cabinet now that there is no Cabinet Subcommittee for Investments.

That was a UDP creation designed to screen investments valued at over 10 million dollars and decide which of them are legitimate and worth pursuing.

Famously, that subcommittee never signed off on the Portico investment. The developer still somehow managed to get a definitive agreement signed by a former UDP Minister.

But how does it run now? Almendarez explained:

Tags Almendarez UDP