Natural richesse in Gabon extends well beyond the country’s sizeable oil and gas reserves and fertile soil. Based on forecasts for production and processing of manganese, the mining sector’s primary output, along with gold, iron ore and poly-metallic deposits, the sector’s GDP contribution could grow from its current 6% to as much as 25% within...
The diversification of the economy through its industrialisation under the Emerging Gabon Strategic Plan (Plan Strategique Gabon Emergent, PSGE) is taking shape with the support of strategic investors in agro-industry, construction materials, forestry and petrochemicals. The secondary sector – including manufacturing and the processing of the...
In global terms, Trinidad and Tobago ranks as a small, if well established, national market for insurance. General insurers wrote gross premiums of around TT$3.20bn ($494.1m) in 2013, while life and health insurers wrote gross premiums of about TT$3.4bn ($524.3m), according to figures published by the Association of T&T Insurance Companies (ATTIC), the industry trade...
The small but relatively important mining and quarrying sector makes a significant contribution to the economy. In terms of estimated recoverable reserves the largest deposits are of sand and gravel, blue limestone, plastering sand, yellow limestone, clay, porcelanite and andesite (a form of volcanic rock). In 2013 reserves were estimated at 467.1m tonnes, distributed...
Although an important part of the Trinidad and Tobago economy, the manufacturing sector’s performance has been disappointing in recent years. According to the T&T Manufacturers’ Association (TTMA), the value of manufacturing output declined at an average annual rate of 4.3% from 2010 to 2014.
The government has dedicated considerable time and energy in recent years to improving the business climate for manufacturing firms and for the private sector in general. The aim is both to make the Trinidad and Tobago economy more competitive, and to attract increased inflows of foreign investment. “Three to four years ago we had no fewer than 13 separate state agencies...
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