Tobago has a history of colonial rule by a succession of different European powers, including Spain, France and Britain. In 1802 Trinidad and Tobago came under British rule. It was not until 1889 that a British government grouped the two islands together under a single colonial administration. T&T sought and achieved independence in 1962,...
The Comprehensive Economic Development Plan 2013-17, also known as CEDP 2.0, places a major emphasis on developing business enterprise and entrepreneurship. Tobago had 4.6% of Trinidad and Tobago’s total population as of the 2011 census, but contributed less than 1.2% to its GDP. The development plan states it is critical to narrow or close...
What is the potential for the creation of new industrial clusters in Trinidad & Tobago?
In late 2015 and early 2016 the newly elected government of Trinidad and Tobago took three major steps to set the policy for FY 2015/16 – which ends on September 30, 2016 – and immediately beyond it.
As part of its policy of promoting economic diversification, the Tobago House of Assembly (THA) has been developing the Cove Eco-Industrial and Business Park (CEIBP), a 57-ha site operated by the THA-established private firm, Eco-Industrial Development Company of Tobago (E-IDCOT). The industrial park is intended to act as a catalyst for a wide...
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