The aviation sector is experiencing rapid growth worldwide, propelled by booming tourism industries, lower air fares and the push for greater connectivity in an increasingly globalised economy. Middle-class expansion has also spurred growth in air travel, as more people are able to afford flights for holidays or business-related travel....
As the economy diversifies, Trinidad and Tobago continues to push for major transport infrastructure upgrades. Under Vision 2030, a 15-year framework inclusive of UN Sustainable Development Goals, an allocation of TT$1.91bn ($283.3m) was made for FY 2017/18 to the Public Sector Investment Programme (PSIP), which aims boost production through...
As the country is made up of two separate islands, Trinidad and Tobago’s infrastructure is essential for its economic prosperity. However, the available forms of transport between the islands, consisting of one cargo vessel, two ferries and water taxis, is limited and in need of upgrades. The sole cargo vessel, the Superfast Galicia, was built...
Aided by the country’s natural resources, a strategic geographic location outside the hurricane belt and growing global cruise demand, Trinidad and Tobago’s cruise segment is set gain new importance in coming years. Popular cruise destinations in the Caribbean, including the Bahamas, Dominica, the British Virgin Islands and Sint Maarten...
In 2008, for the first time in history, more than half of humanity was living in urban areas. Perhaps the most remarkable observation about this trend is the speed at which it has happened: as recently as 1900 urban areas accounted for 13% of the global population. Towns and cities are seen as the crucibles of opportunity for many rural...
In March 2017 Trinidad and Tobago launched its Draft National ICT Plan 2017-21, known as fastforward II, which outlines the sector development strategy in line with the national development plan, Vision 2030. One of the principal objectives of the fastforward II programme is to increase ICT’s contribution to GDP to 5% by 2021. The entity...
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