With the fall in oil prices underlining the dangers of an over reliance on hydrocarbons revenues, Qatar has continued to forge ahead with its economic diversification drive in 2016. Non-hydrocarbons growth now outstrips hydrocarbons growth, with several big-ticket construction projects, an increasingly dynamic financial services sector and a growing reputation as a tourist destination all fuelling non-oil expansion.
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...
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...
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...
Stay updated on how some of the world’s most promising markets are being affected by the Covid-19 pandemic, and what actions governments and private businesses are taking to mitigate challenges and ensure their long-term growth story continues.
Register now and also receive a complimentary 2-month licence to the OBG Research Terminal.
Register Here×