Trinidad and Tobago is open for business, and many opportunities are available to investors. This twin island republic of 1.3 million ethnically diverse people is located at the southernmost tip of the Caribbean chain of islands. Bursting with spirit and a heady mix of cultural activities, beautiful people, eco adventure and culinary delights, Trinidad and Tobago has something for everyone. Trinidad and Tobago has emerged as a globally recognised brand in the energy sector. The country is a world leader in the production of Liquefied Natural Gas (LNG), Ammonia and Methanol. Financial institutions of Trinidad and Tobago dominate the Caribbean and have expanded into the United States, Latin America, Europe and the Far East. Trinidad and Tobago has one of the highest per-capita incomes in the western hemisphere and benefits from an investment grade ‘A’ credit rating with a stable outlook from Standard and Poor’s. The country has enjoyed solid economic growth fuelled by several large energy-related investment projects. In 2007, real GDP grew at an estimated 5.50%. The non-energy sector is also thriving, growing by an average of 7.7 per cent between 2004-2006. Growth prospects over the next few years remain strong, especially with the Government’s focus on diversifying the economy by expanding the non-energy sectors. Some of the industries identified for development are:
As the economy develops, there are many prospects for doing business in Trinidad and Tobago. Our objective is to share information with you so you can explore the wide range of investment opportunities Trinidad and Tobago offers. . |
