The state intends to appeal a high court decision that dismissed its application to have provisional liquidators appointed to CL Financial.
Justice Kevin Ramcharan ruled against the state, a move that was welcomed by shareholders.
And Sandals Resorts in Tobago is expected to be constructed at a cost of over 3 billion TT dollars.
This, as Sandals Resort, turns to wall street for financing.
Judy Kanhai has the details in Business Watch.