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.
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...
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...
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