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’s national investment promotion agency, InvesTT, unveiled 3 business opportunities during a recent Heads of Chambers and Business Associations’ meeting hosted at the agency’s new location in Tower D, International Waterfront Centre. The presentation was the first in a series of interactions to be held with local Chambers of Commerce in the coming months.
“Part of our role is to scan the local environment for lucrative investment opportunities and promote them to foreign
and local investors. We encourage innovation and competitiveness among local businesses which are necessary for the country’s economic growth and development”
InvesTT targets investments in industries such as Manufacturing, ICT, Creative Industries, Maritime Services, Agro-processing and Tourism. The agency has facilitated 15 site visits from local and foreign investors within the past 10 months, closed 5 investment projects (4 local, 1 foreign) over thesame period and currently has an active pipeline of investments pending.
Based on in-depth research commissioned from PricewaterhouseCoopers Trinidad through standard procurement procedures by InvesTT in 2018, the opportunities presented were:
Establishment of a Film Studio.
Heads and senior representatives of the T&T Chamber of Industry and Commerce, the T&T Manufacturers’ Association, the Chaguanas Chamber of Industry and Commerce and The Arima Business Association were appreciative of the opportunities shared by InvesTT. There was a high level of optimism among them about the potential to be gained as stand-alone or joint venture investment projects among their memberships.
Local entrepreneurs who are interested in exploring any of the above business opportunities are invited to set up an appointment with a member of our Investments Team at +1 (868) 225-4688 or email us at firstname.lastname@example.org. Investors can also benefit from our investor facilitation services .
To find out more about InvesTT and doing business in Trinidad and Tobago, join the conversation on Facebook, Twitter, LinkedIn and Instagram using the hashtag #InvestinTT.