FAQs

Investment Directorate FAQs

1.What is the Investment Policy of Trinidad and Tobago?

The overarching purpose of the investment policy is to prescribe the legislative changes necessary to improve the institutional and regulatory framework for investment. The policy also seeks to identify challenges to investment promotion and recommends strategies to target investors. With the improvement in the availability of data, this policy will track the performance of foreign direct investment (FDI) flows (a significant source for development); the growth of domestic investment; identify the factors that make this environment more favourable to potential and existing investors; and introduce the new policy approaches and strategies identified to facilitate investment.

More information on the investment policy can be sourced here.

2.Which sectors does the Government of Trinidad and Tobago promote?

The Government, under its new development plan, has outlined the following sectors as part of its economic diversification strategy:

Knowledge-based industries

Cultural and Entertainment Industries

Ethnic Products

Food Processing

Maritime Industry

Services Industries

Biotechnology

Information Technology

High-tech Manufacturing

Pharmaceuticals

Food Production

Alternative Energy

3rd and 4th Generation renewable energy Industries

3.Who is responsible for Investment Promotion in Trinidad and Tobago?

This country’s investment promotion activities are shared among three main organizations:-

	National Energy Corporation (NEC) This organization is responsible for spearheading Investments in the Energy Sector.
	Tourism Development Corporation (TDC) The TDC is responsible for all marketing and promotion activities for the tourism sector.
	Evolving Technologies and Enterprise Development Company Limited (eTecK) Responsible for encouraging business development in the non-energy sector, including ICT, knowledge-based and down stream energy industries.

Also visit Invest T&T for information on:

4.Which countries have Bilateral Investment Treaties with Trinidad and Tobago?

The Government of the Republic of Trinidad and Tobago has signed Investment Promotion and Protection Agreements (IPPAs) or Bilateral Investment Treaties (BITs) with the following countries:

United Kingdom

Cuba

The United States of America

Canada

Spain

The People’s Republic of China

South Korea

Germany

Mexico

India

5. Which countries are the top sources of Foreign Direct Investment in Trinidad and Tobago?

The top sources are listed here