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Doing Business in Trinidad and Tobago
Powered by abundant natural resources, a skilled English language workforce, an aggressive economic diversification effort and a stable democracy, Trinidad and Tobago has emerged as an economic giant in the Caribbean – one of the best locations for business and investment.
Located at the Southern end of the Caribbean archipelago, Trinidad & Tobago is a gateway to North and South America and is very well suited to access Western Hemispheric markets. Its most prominent natural resources include natural gas and crude oil and primary exports are iron and steel, organic and inorganic chemicals as well as beverages and fertilizer. Trinidad and Tobago also boasts the highest per capita foreign direct investment in Latin America and the Caribbean.
With considerable success in the energy sector, the Government of Trinidad & Tobago has been inviting foreign business partners to become involved in the industries downstream of energy and is focusing on aggressively developing the non-energy sector. Among the specific areas targeted for development are: downstream petrochemicals, film and television, fish and fish processing, food and beverage, printing and packaging, information technology (IT), leisure marine and merchant marine services.
Foreign ownership is permitted and welcomed under the Foreign Investment Act (1990).
For additional information on doing business in Trinidad & Tobago, please visit: www.eteck.co.tt and www.investtnt.com
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