Alongside tourism and financial services, agro-industry is an area that holds significant potential for diversification and growth in Trinidad and Tobago’s economy. With a rich tradition of agricultural production and a climate that facilitates the cultivation of a number of cocoa hybrids, the sector has long been earmarked as a potential driver of growth. Furthermore, both...
The education system in Trinidad and Tobago offers universal free education for all citizens, ensuring that over 95% of the population are enrolled in primary education. With the adult literacy rate at around 99% in 2010, T&T was already far above the 2018 world average of 86%. In addition, education received the highest budget allocation for FY 2019/20, at TT$7.6bn ($1....
In 2017 the government dissolved the Tourism Development Company and formed two new organisations in its place: the Tobago Tourism Agency (TTA) and the Tourism Trinidad Destination Management Company Limited (TTL). The bodies were established to promote each island as its own independent tourist destination, with Trinidad focusing on meetings, incentives, conferences and...
While less prominent on the international tourism radar than other Caribbean destinations such as Barbados or the Bahamas, Trinidad and Tobago – particularly the latter island – has been able to capture a share of high-spending tourists from the US, the UK and Canada. Tobago’s smaller economy and natural landscape is more orientated towards leisure tourism than Trinidad, while...
The health sector of Trinidad and Tobago is founded on the principle of a free, universal coverage funded by the government and taxpayers. The FY 2019/20 budget assigned health care the third-highest allocation after education and national security. In addition to providing health care to a population of over 1.3m, much of this budget will go towards the construction of new...
Despite its relatively small size, Trinidad and Tobago is well placed to become a regional maritime and air transport hub. However, the country has faced challenges in improving its connections to both surrounding nations and wider global markets. On the domestic level, an increasingly diversified economy will require an upgrade of the country’s road infrastructure and...
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