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Trade & Investment
Overview
In less than 20 years, Trinidad and Tobago has transformed itself into one of the world’s leading energy producers, becoming the world’s 5th largest producer of Liquified Natural Gas, and the #1 provider to North America.
Our success in the energy sector boosted our nation’s economy to become the largest and strongest in the Caribbean. That success is powering our growth into other sectors, as we work in partnership with businesses across the globe to create a thriving and highly diversified economy. To do this, we are leveraging our nation’s natural, geographic and human resources to attract industries that promise as much growth and potential for success as energy.
With proven success in the energy sector, and a country-wide commitment to growth, sustainability, and business excellence, the Republic of Trinidad and Tobago is opening its doors to partnership with selected businesses in the Downstream Petrochemicals, Film & Television, Fish & Fish Processing, Food & Beverage, Information Communications Technology, Leisure Marine and Merchant Marine marketplaces. This makes us ideal for investment because of the following:
We have the highest GDP in the Caribbean at 20.99 billion;
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We have the world’s highest industrial production growth rate at 17%;
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We have some of the lowest fuel and energy cost in the world;
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We are an English speaking country;
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We are the most literate nation in the Caribbean and Latin America with literacy rate of 98.6%;
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We are strategically positioned at the crossroad between North and South America;
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We are outside the hurricane belt with an average temperature of 25 degree Celsius;
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We are looking for few companies to help create the next economic hotspot in the heart of the Caribbean.
An array of investment incentives, along with other relevant information is available to prospective investors considering doing business in Trinidad and Tobago. Existing Incentives for Enterprise development are provided by the following pieces of legislation:
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