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Setting up a business in Trinidad and Tobago is quite straight forward.
The Government of the Republic of Trinidad & Tobago (GORTT) encourages foreign direct investment in almost all sectors, with specific focus on the non-energy targeted sectors.
Trinidad and Tobago's success in energy has fueled its rapid development into one of the most industrialized and cost-effective nations in the Caribbean and Central America.
Trinidad and Tobago is a twin island republic situated below the hurricane belt, at the southern-most end of the Caribbean archipelago.
Edan K. Properties manages many complex projects - from purchase to conceptualization, financing and site development. In its role as facilitator, InvesTT has worked alongside Edan K. and played a significant role over the years in the fast-tracking of processes required to implement multi-faceted development projects.
InvesTT facilitated company registration and access to import duty concessions for equipment, engaged the Ministry of Energy & Energy Industries on the placement and inspection of their LPG tanks as well as facilitated smooth entry at Immigration for foreign engineers needed to install equipment and train local staff.
Located in St. Augustine Trinidad, Virtana Inc. is an outsourcing company that delivers high quality robotics software solutions to international technology companies, utilizing engineering graduates based in Trinidad and Tobago.
As the first 5G networked Industrial Park in the Caribbean and Latin America, Phoenix Park will enable tenants who operate in the manufacturing industry to benefit from:
5G provides an alternative to traditional networking, because it has the capacity to carry as much bandwidth as fixed networks at high enough speeds. Manufacturers will now be able to use 5G fixed wireless access and access broadband without the need to install cables. This will allow manufacturers who have been slower to progress in digitalisation to leap-frog to Industry 4.0.
5G’s unique capabilities will unlock applications that have not previously existed, or at least not to the same degree. The most important advantages 5G brings are:
5G increases the data volumes manufacturers have available to them on their production facility, by multiplying the number of devices that can be connected and the amount of data that can be carried through the network. A plant operator can thus view the status of machines, processes and systems to a more granular degree and identify problems accurately.
Low latency is a key factor in using 5G to enable new use cases, where data is not only used to monitor assets, but trigger real-time actions. Mission critical applications that are core to industrial processes have extremely low latency requirements of ten milliseconds or less.
5G is the latest generation of mobile technology, distinct from previous generations. It is software-based by nature therefore more flexible than previous generations of cellular technology. 5G is more reliable and secure, particularly compared to Wi-Fi.
The Telecommunications Services of Trinidad and Tobago (TSTT) and Huawei Technologies (T&T) Limited will build two 5G sites to provide network coverage for the Phoenix Park Industrial Estate.
Bring your factory to life with 5G at Phoenix Park Industrial Estate!
Connect with InvesTT and we’ll guide you through all the steps to get your business established at the Park.
Interest is high and limited land lots and factory shells are available.
Download the Phoenix Park Industrial Estate brochure at https://business.investt.co.tt