InvesTT and E-IDCOT Sign MoU to Advance Investments for the Cove Eco-Industrial Business Park

InvesTT and E-IDCOT Sign MoU to Advance Investments for the Cove Eco-Industrial Business Park

Investors seeking to establish business in Trinidad and Tobago or local businesses pursuing the expansion of their operations will benefit from the addition of the Cove Eco-Industrial Business Park (Cove Tobago) to InvesTT’s portfolio of targeted business sites. This option came into effect with the signing of a Memorandum of Understanding (MoU) on December 7th, 2020 between Park Manager, Eco-Industrial Development Company of Tobago Ltd (E-IDCOT) and the national investment promotion agency of Trinidad and Tobago, InvesTT Limited.

Within the remit of the MoU, InvesTT will promote the Cove Tobago to regional and international markets, share and exchange knowledge and expertise in the area of investor sourcing with E-IDCOT and provide professional support for regional and international investment negotiations.

 

Cove Tobago is the flagship project of E-IDCOT and is one of the first Eco-Industrial Parks in the Caribbean. The Park, designed to support the sustainable development of Tobago, spans 57 hectares, 26 of which are currently identified for tenancy.

The Eco-Industrial Development Company of Tobago (E-IDCOT) Ltd. was established by the Tobago House of Assembly (THA) in 2009 as one of the execution agencies responsible for driving economic development and transformation in Tobago.

This collaborative decision is geared to advance the achievement of investments for Cove Tobago and remains operative for a period of one (1) year in the first instance.

The signing of the MoU was done onsite at Cove Tobago by E-IDCOT Chairman, Kamau Akili and President InvesTT, Sekou Alleyne.

For More Information:

Send request for more information to:

info@investt.co.tt