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Trinidad and Tobago 2012 - invesTT

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A GUIDE TO INVESTING IN TRINIDAD AND TOBAGO (<strong>2012</strong>)<br />

Section 8<br />

personal care products, household articles, paper <strong>and</strong> packaging,<br />

building <strong>and</strong> construction products <strong>and</strong> transportation <strong>and</strong><br />

equipment.<br />

Opportunities for Investment<br />

The priority at present is the continued establishment of high<br />

growth businesses to produce innovative products that maximise<br />

value addition.<br />

Potential investors will find business opportunities in the following<br />

areas:-<br />

• Melamine<br />

• Aluminum<br />

• Pharmaceuticals<br />

• Medical Device Manufacturing<br />

• Plastics<br />

• Glass <strong>and</strong> glass products<br />

• Steel products<br />

Benefits for investing in the Light Manufacturing industry:<br />

The established trade <strong>and</strong> investment agreements in place, allow for<br />

ease of access with preferential terms extended in some locations.<br />

This provides the businessman with a competitive advantage to<br />

producing <strong>and</strong> exporting out of <strong>Trinidad</strong> <strong>and</strong> <strong>Tobago</strong>. Low energy<br />

costs <strong>and</strong> low commercial real estate rates also enhance the<br />

competitiveness of manufacturing within T&T.<br />

Maritime Industry<br />

<strong>Trinidad</strong> <strong>and</strong> <strong>Tobago</strong> is home to one of the world’s largest bodies of<br />

calm water, the Gulf of Paria, which is also the destination harbor<br />

of 100% of the country’s bulk cargo <strong>and</strong> container vessel arrivals.<br />

95

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