As the economy diversifies, Trinidad and Tobago continues to push for major transport infrastructure upgrades. Under Vision 2030, a 15-year framework inclusive of UN Sustainable Development Goals, an allocation of TT$1.91bn ($283.3m) was made for FY 2017/18 to the Public Sector Investment Programme (PSIP), which aims boost production through...
What strategy is being employed to boost air traffic in Trinidad and Tobago, and the region?
Optimism is returning to Trinidad and Tobago after years of recession. With the IMF forecasting GDP expansion of 1% in 2018 and 0.9% in 2019, the government now has the opportunity to shift their focus from tackling short-term economic problems to implementing long-term reforms and policy initiatives.
Thailand is moving forward with plans to expand its transport infrastructure, with some of the country’s largest companies gearing up to bid on a high-speed rail line linking three key airports. Other major rail projects have also experienced progress in recent months.
The aviation sector is experiencing rapid growth worldwide, propelled by booming tourism industries, lower air fares and the push for greater connectivity in an increasingly globalised economy. Middle-class expansion has also spurred growth in air travel, as more people are able to afford flights for holidays or business-related travel....
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