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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.
On March 31st and April 1st InvesTT had the privilege to co-host (with exporTT, MTI and FCMC) the China/ Trinidad & Tobago International Trade Fair. The event was held at First Caribbean Marketing Company (FCMC) in Trincity, Trinidad and showcased 32 enterprises, 22 from Zhejiang Province of China and 10 from Trinidad and Tobago. Included as part of the Chinese delegation’s itinerary was a site visit to e TecK’s Phoenix Park Industrial Estate (PPIE) held on Saturday 1st April and hosted by InvesTT.
With four Chinese manufacturers already on board for tenancy at PPIE, InvesTT was eager to share the progress made on the 144-acre Estate and to explore available tenanting opportunities with the Chinese delegation. The Estate which was borne out of China’s Belt and Road Initiative, targets firms involved in high-value and light manufacturing, logistics, distribution, and warehousing activities.
According to InvesTT’s President, Sekou Alleyne who accompanied the delegates on their tour of the Estate along with other members of the InvesTT team, “The delegates were very impressed with the infrastructure at the site and also drove around to the Port of Point Lisas where they noted its close proximity as well as its modern set-up. They remarked that it is very similar to when China was setting up its industrial base and they can see the vision of Chinese firms greatly benefiting from locating at the Estate.”
Zhejiang is an eastern province in China just south of Shanghai and has a population of 57 million people. It has the third highest disposable income per capita after Shanghai and Beijing. In 2022, Zhejiang's GDP came in at over 7.77 trillion yuan ($1.15 trillion), up by 3.1 percent year-on-year. The region is backed by powerful private businesses – in 2021, private companies contributed towards 67 percent of the province's GDP. Internet giants such as Alibaba and NetEase set up their headquarters here.
The Phoenix Park Industrial Estate offers tenancy of land lots and factory shells and provides its tenants with cost savings, modern infrastructure, security, increased productivity through its 5G network and reliable facilitation services via InvesTT Limited. Learn more about this opportunity by sending your enquiry via e-mail to firstname.lastname@example.org