Trinidad & Tobago

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Trinidad and Tobago has received a boost in its efforts to expand tourism, with the number of cruise ships visiting the country expected to increase by 50% in the near term.

A large-scale incentives programme and stronger infrastructure backbone are driving government plans to promote vehicles powered by compressed natural gas (CNG).

Innovation, investment and incentives have been highlighted as key to unlocking Trinidad and Tobago’s manufacturing revival, with the government urging greater private sector investment to help boost growth and reverse foreign direct investment (FDI) outflows.

New offshore gas discoveries and plans to increase upstream investment should boost confidence in Trinidad and Tobago’s energy sector, which has been impacted in recent years by falling prices and concerns over dwindling reserves.

A national drive is gaining pace in Trinidad and Tobago to prioritise access to data services as an engine for economic growth, part of wider plans to reduce the country’s reliance on hydrocarbons.

Plans to reinforce human resource and hard infrastructure capacity, along with the development of a medium-term strategy and the strengthening of a competitive incentive regime, could help position Trinidad and Tobago’s vibrant film sector at the centre of the region’s audio-visual industry.

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