T&T: Government seeks divestment of T&T Rum Distillers

Good! The business of government shouldn't be making rum. T&T rum is more than good enough to succeed as a totally private concern. Come on, all you rum drinkers out there. Pool your money and invest.

Rum Distillers of Trinidad and Tobago is heading back for the auction block. Government is once again seeking private sector participation for the distillery, once a division of Caroni Ltd.

“The Rum Distillers company is being prepared for divestment,” Trade and Industry Minister Ken Valley said in a telephone interview last week.