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About Trinidad & Tobago
The most
southerly islands of the Caribbean chain,
Trinidad and Tobago (T&T) is one of the most
prosperous, highly diversified and
industrialized countries in the Caribbean,
and has emerged as a dominant player in the
Caribbean Community (CARICOM). The
twin-island nation’s economy is primarily
energy-based, with 70% of LNG exports to the
US which provides the bulk of the country’s
revenues. Along with its highly developed
industrial base, the country also has a
deeply entrenched manufacturing sector and a
strong service sector especially financial
services.
With an ethnically diverse population of 1.3
million, Trinidad & Tobago has a wide range
of competitive advantages such as a
strategic geographic location; a highly
educated diverse work force; low fuel and
energy rates; a highly developed industrial
sector; a commitment to free market policies
and strong democratic traditions. Our people
are a product of our history- reflected in
their faces of Amerindian, European,
Meditterranean, African, East Indian, Asian
and Middle Eastern descent.
Dubbed the “Caribbean Tiger” by
international business publications,
Trinidad & Tobago derives most of its
revenue from its well established, world
class energy industry. To maximize its
revenue base, the T&T Government is
aggressively pursuing economic
diversification, particularly in non-energy
manufacturing and services, and its targeted
for strategic development Seven Sectors in
which the country already has a significant
resource base and competitive advantages.
These are:
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Food and
Beverages
-
Fish and
Fish Processing
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Film
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Music and
Entertainment
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Merchant
Marine
-
Yachting
-
Printing
and Packaging.
Strategic plans
have been created for the development of
each sector, and these provide a
comprehensive overview of the specific
industry; mechanisms for driving growth and
investment, incentives for investors and
strategic opportunities for business
development.
With this in mind, the Ministry of Trade and
Industry invites investors to explore
business opportunities in the Film Industry,
to enhance their earnings, and to
participate in one of the fastest growing
and most diverse economies in the Caribbean. |
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