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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 Wednesday 20th January, members of InvesTT’s Investor Services team were invited to tour the Nutrimix Group of Companies’ Next Generation Hatchery located in Couva. Mr. Toddy Ramsahai, Managing Director of the Rio Claro Construction Co. Ltd, the Company responsible for fitting-out the completed facility, led the tour and confirmed that it was at that time 90% complete. The building construction, for the greater part, was done by General Earthmovers Company Limited, which is currently in the process of winding up construction operations on-site, leaving Rio Claro Construction Co Ltd to complete the fitting-out works.
To ensure that high-quality standards are maintained, this modern facility will utilize largely skilled, local operatives and professionals. They will be assisted by foreign suppliers and designers responsible for designing and assembling the state-of-the-art equipment, which for the most part, will be an automated and controlled operation.
The process at the hatchery starts with eggs arriving at the facility for hatching and ends with the production of live baby chicks, ready for distribution to farmers locally and abroad for rearing and distribution as grown chickens. The state-of-the-art facility will contribute greatly to ensuring food security for citizens of Trinidad and Tobago and neighboring Caribbean islands.
InvesTT personnel got the opportunity to view the bio-secured controlled ventilation system and the intelligent chick management systems that will be used at the hatchery. InvesTT continues to support investors whose aim is to invest in key non-energy sectors in Trinidad & Tobago.
We congratulate the Nutrimix Group of Companies for their contribution towards building capacity in the local poultry industry, boosting local employment, and creating opportunities for attracting foreign exchange through the export of dressed poultry.
This investment by the Nutrimix Group of Companies is the single largest investment in Trinidad and Tobago’s Agriculture sector, valued at approximately TTD60 million.
For more information on doing business in Trinidad and Tobago and how we can help you, please email us at firstname.lastname@example.org
Related story: InvesTT applauds Nutrimix on the launch of state-of-the-art hatchery in Trinidad and Tobago