on 13 September 1990 by Municipal Corporation Act 21 of 1990. The CBC is governed by the Act 21 of 1990 of the Republic of Trinidad and Tobago. In 2013, the Chaguanas Borough Corporation moved into its new administrative building situated in Success Street, Woodforde Lodge. Chaguanas Borough Council has eight electoral district councillors and four aldermen selected through a proportional representation methodology. The mayor and deputy mayor are then selected. The electoral districts are: Felicity/Endeavour; Enterprise South; Edinburgh/Longdenville; Enterprise North; Charlieville; Montrose; Monroe Road/Caroni Savannah Road; and Cunupia. Chaguanas comprises (wholly or in part) the following parliamentary electoral districts: Chaguanas West; Chaguanas East, Couva North, Caroni Central, and Caroni East. Economy Chaguanas developed as a market town and still attracts bargain shoppers. Much of Chaguanas' development has centred around the Chaguanas Main Road where numerous shopping plazas have been constructed. The Chaguanas Main Road (east of the Chaguanas flyover) continued to develop, primarily through small and medium size businesses, to fulfill the expanding population centres. Retail development expanded with the construction of three malls in the downtown in the 1980s (Centre City, Mid Centre and Ramsaran Plaza, later to become Centre Pointe Mall). Centre City Mall has been significantly renovated and there are future plans to expand further to become the largest mall in the Caribbean. It will feature two major buildings, one near to the Uriah Butler Highway and another close to the centre of Chaguanas, joined by an enclosed walkover above the Mulchan Seuchan Link Road. More recently, construction of Price Plaza in Endeavour expanded upscale retail opportunities. Price Plaza includes a warehouse-style store PriceSmart, TGI Friday's and Ruby Tuesday restaurants, a food court, SuperPharm, as well as many other retail outlets. MovieTowne is situated in Price Plaza. Adjoining to the Price Plaza complex are other restaurants and bars, e.g. Woodford Cafe, Wild Olive Restaurant, and Hollywood Grill. A new shopping complex is planned to be built in 2013–15 in the Brentwood planned housing and commercial development. ABEL or Alstons Building Enterprises Limited is a member of the ANSA McAl Group of Companies and is situated in Longdenville. It is the largest manufacturer of clay building blocks and Metpro steel and aluminium windows and doors and Astralite and Spectra uPVC windows and doors in the English-speaking Caribbean. Chaguanas has also developed into a financial centre. The Unit Trust Corporation (UTC), First Citizens Bank (FCB), Sagicor, Republic Bank