The Place for Business

Apart from having the most dynamic economy in the English speaking Caribbean, Trinidad & Tobago (T&T) has emerged as a dominant player in CARICOM, and one of the major operators in the multilateral trading system.

With one of the highest rates of FDI in the region, the twin-island nation has achieved remarkable fiscal and monetary results and experienced twelve years of solid economic growth - an impressive performance which is expected to continue into 2006, which is forecasted to show a GDP growth of eight per cent.

As one of the most prosperous, highly diversified and industrialized countries in the Caribbean, T&T’s economy is primarily energy-based, with large exports of oil, gas and downstream energy products providing the bulk of the country’s revenues. Along with its highly developed industrial base, the country also has a deeply entrenched manufacturing sector and a strong service sector, especially in financial services.

T&T has a range of competitive advantages such as strategic geographic location; a highly educated, diverse work force; low fuel and energy rates; a highly developed industrial sector; a commitment to free market policies and strong democratic traditions.

T&T has set as one of its major goals for economic sustainability, the integration of its economy into that of Latin America, as a platform for positioning itself as the regional hub for business, commerce and investment. Definitely, T&T provides investors and entrepreneurs with significant opportunities and business connections with an increasing and diversified market.

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