In an effort to lay the foundations for sustainable long-term growth, the Ministry of Tourism (MoT), along with its implementation agency, the Tourism Development Company (TDC), are working to enhance the appeal of key tourist sites across Trinidad and Tobago as well as implement measures to improve service delivery. Beach infrastructure...
As the government of Trinidad and Tobago continues to feel the impact of lower energy receipts following the sharp decline in hydrocarbons prices since mid-2014, the tourism sector is emerging as a strategic development priority. Elected in September 2015, the People’s National Movement government of Keith Rowley is placing a renewed emphasis...
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 Trinidad and Tobago continues to feel the impact of lower energy receipts, the tourism sector is emerging as a strategic development priority. Elected in September 2015, the government of Keith Rowley is placing a renewed emphasis on economic diversification to help the TT$175.99bn ($27.1bn) economy weather the downturn in the global energy market. Tourism, along with agriculture and...
Although low oil and gas prices in 2015 had a negative economic effect on the Trinidad and Tobago, the current government is pursuing a series of reforms aimed at both strengthening the important energy sector and diversifying the wider economy.
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