We assist you throughout your decision-making process and until you set up a business in Trinidad and Tobago.
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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.
Trinidad and Tobago is an ideal location for the setting up of manufacturing enterprises within the Caribbean. Its robust logistics infrastructure, supported by numerous bi-lateral and multi-lateral trade agreements, has consistently created pathways for manufacturers seeking to widen their access to new markets.
Please use the link below to share some brief information on your investment project and to set up a virtual meeting with one of our investment officers.
Major petroleum hub
• Alternative Fuels & Fuel Additives — CNG, Petrochemicals for Fuels (eg: flex fuels), DME
• Metals Processing - Aluminum
• Downstream Methanol — DME and Plastics
• Downstream Ammonia — Urea, Fertiliser Applications
• Inorganic Chemicals
• Biochemicals - Natural gas to protein
• Trinidad is the leading manufacturer of consumer goods for the CARICOM Market with food and beverages accounting for 24% of exports. Opportunities exist for the manufacturing of prepared foodstuff, beverages, and spirits.
• Pulp and Paper Manufacturing opportunities exist for the manufacturing of products using wood as a raw material to produce pulp, paper, paperboard, and other cellulose-based products.
A portfolio of attractive incentives is available to manufacturers in Trinidad and Tobago.
Trinidad lies 11km, at its closest point, from the South American mainland, and approximately 19 km off the international shipping lanes to the USA and Europe. The country provides an ideal geographical location for importing raw materials from South American countries for processing and exportation. Its location below the hurricane belt minimizes operational downtime due to hurricane activity.
Trade Agreements (with Colombia, Cuba, Venezuela, Dominican Republic, Costa Rica, Panama, CARICOM and the European Union) provide exporters with market access to 628 million people. Unilateral Trade Programmes (USA, Canada) provide access to 371 million people. Additionally T&T is a member of the CARICOM Customs Union which gives it market access to 7.5 million people. Double taxation treaties also exist with Brazil, Canada, Denmark, France, Germany, India, Italy, Luxembourg, Norway, Spain, Sweden, Switzerland, UK, USA and Venezuela.
Two major seaports for sea freight (Port of Port of Spain, and Port of Point Lisas) and one major airport for air freight (Piarco International Airport) for importing raw materials and exporting finished goods.
Downstream energy commodities produced in significant quantities in T&T include urea, melamine, bitumen and asphalt. The country’s location also offers easy access to mineral rich South American countries including Colombia, Venezuela, Guyana, Suriname and Brazil.
T&T is 1st for cost-effectiveness in Central America and the Caribbean. Electricity rates start as low as US $0.05 kWh, offering investors access to some of the lowest energy costs in the western hemisphere.
T&T has a workforce of approximately 588,900 persons. English is the native tongue and there is a high competency of Spanish as the country is only 11km off the coast of South America. Manufacturing industries benefit from skilled labour trained in Mechanical, Chemical, Instrumentation and Process Engineering, Management Studies and IT-related disciplines.
Businesses in the Manufacturing sub-industries utilize a significant majority of approximately 35km2 allocated for industrial and business development in T&T through its state owned industrial parks. Currently, 19 industrial parks provide ready facilities to the 250+ local manufacturing companies throughout the country. An additional estimated 5.3 km2 of leasable land is currently available through state owned enterprises e TecK, e-idcot and the AATT.
Click here for information on Phoenix Park Industrial Estate
Cove Eco Industrial and Business Park
Tamana InTech Park