Incentives for investments in tourism projects are already in place under the Tourism Development Act (TDA) Chapter 87:22 of 2000, and an eminent review of existing incentives could see an even more robust incentive framework take shape for the tourism sector in Trinidad and Tobago.
As efforts to diversify T&T’s energy-reliant economy intensify, the government is looking to accelerate growth in maritime industries. To this end, T&T is looking to develop its infrastructure and capitalise on its strategic advantages, including its sheltered location in the southern Caribbean. However, it will be doing so in an...
The significant decline in public revenues following the global downturn in the energy sector has led Trinidad and Tobago to abandon plans for a multi-billion-dollar mass transit project. The decision was part of a set of measures announced during a mid-year budget review in April 2016, and the government is now focusing instead on increasing...
As the largest exporter in the Caribbean, Trinidad and Tobago’s transport network is vital to the performance of its economy. The country is already a fast-growing air passenger and cargo hub in the southern Caribbean and is now looking to spur growth in the maritime sector, where it intends to take advantage of its sheltered location below...
As Trinidad and Tobago’s leading telecoms firms roll out new technology, increasing numbers of Trinbagonians are connected to the internet. However, for the economy to take full advantage of the benefits of connectivity, greater uptake of ICT solutions is required from both the private and public sectors. With an economy dominated by the oil...
As increasing numbers of businesses and government entities move towards storing their data in the cloud, demand for data centres is rising around the world. In Trinidad and Tobago a preference to keep sensitive data inside territorial borders has led to a number of new projects. However, unless data providers can convince companies of the...
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