We assist you throughout your decision-making process and until you set up a business in Trinidad and Tobago.
Find out more
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.
InvesTT was pleased for the opportunity to extend its expert services in investment promotion to businesses at the recently concluded Agri-Investment Forum and Expo II 2022 (19th – 21st August). The Agency participated with a physical presence over the three days of the Expo and collaborated with exporTT to facilitate pre-scheduled match-making business meetings between entrepreneurs and investors seeking agri-business opportunities.
According to InvesTT’s President, Sekou Alleyne, “The Agri-Investment Forum & Expo emphasized the vast potential for the development of a sustainable local agro-processing and agriculture industry with the added scope for foreign revenue generation.” He added that with the support of the right investment and facilitation, local, small and medium enterprises can secure a path to upscaling their production and export capacity as well as provide more employment opportunities. Both objectives are goals that fall under InvesTT’s mandate as a state agency. “To merge the opportunity the Forum presented with our objectives, we sought to match projects with existing businesses desirous of investing in the Agri-Tech/ Agro-processing industries,” said Alleyne.
The investment promotion agency issued a call for project proposals across print and social media channels to entrepreneurs in the Agro-processing sector seeking partners to support their growth and business development needs. A total of 43 project proposals were received by the Agency. After a review and selection process that included telephone interviews and site visits to access operations, where applicable, a shortlist of viable projects was prepared for Business to Business (B2B) meetings with interested investors. Other projects were promoted at InvesTT’s Expo booth and included ventures in edible and medicinal mushroom farming, greenhouse projects for artisan lettuce, hydroponics, aquaponics, fully automated greenhouse, animal feed production, root flour production, production of mulch and training programs in agro-processing.
Leasable commercial space available at e TecK’s Moruga Agro-processing and Light Industrial Park was also high among InvesTT’s opportunities promoted at the Expo. There was general enthusiasm about the commercial opportunity with the added exposure gained during a seminar hosted by InvesTT’s Vice President, Investor Services – Stacy Adams - on the third day of the Expo.
Alleyne indicated that “the Forum presented an excellent avenue to showcase the benefits of tenanting the Moruga Park. It is a space designed to support the operations and requirements of agro-processors.” Currently, there are 4 land lots and 2 factory shells left that are available for lease at the park while the others are allotted to secured tenants at various stages of preparation to occupy their spaces.
Coming out of the B2B meetings held at the forum, InvesTT anticipates further discussions and meetings to facilitate the development of identified investment opportunities.
For more information on agro-processing opportunities, please send us your email via email@example.com