04.01.2018 Views

The Manufacterer Newsletter 8.5 x 11 E-MAG

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

1


FROM THE DESK OF THE<br />

President<br />

Vision<br />

To be the voice of manufacturers in Trinidad<br />

and Tobago, creating value and providing<br />

world class service to our membership.<br />

Board Of Directors<br />

Mr. Christopher Alcazar- President<br />

Ms. Franka Costelloe- First Vice President<br />

Dr. Mikaeel Mohammed- Second Vice President<br />

Mr. Anthony Farah<br />

Mr. Ashmeer Mohamed<br />

Mr. Robin Lewis<br />

Mr. Colin S. Sabga<br />

Mr. George Naime<br />

Mr. Phillip Agostini<br />

Mr. Ryan Lewis<br />

Mr. Rodney Cowan<br />

Mr. Dale Parson<br />

Ms. Tricia Coosal<br />

Mr. Ian Mitchell<br />

Mr. Patricio Torres<br />

<strong>The</strong> Trinidad and Tobago Manufacturers’<br />

Association is once again leading the<br />

way in creating an enabling environment<br />

for our members for growth and<br />

diversification. <strong>The</strong> past year has seen<br />

an even bigger incarnation of the Trade<br />

and Investment Convention (TIC) from<br />

which many success stories have<br />

emerged. Our trade mission to the<br />

Dominican Republic served to expose<br />

the Manufacturing sector to yet another<br />

avenue for investment and expansion.<br />

We are proud to have initiated<br />

our Proudly Manufactured in T&T<br />

campaign, highlighting the treasures<br />

that are our local goods and services<br />

and instilling pride in the Trinidad and<br />

Tobago brand. This campaign is set to<br />

expand and it is our hope for it to seep<br />

into the National consciousness.<br />

<strong>The</strong> TTMA has recognised the changing<br />

economic climate and has lobbied for<br />

contingences at every turn to ensure<br />

the productivity and creativity of our<br />

over four hundred members are not<br />

adversely affected. We are reinforcing<br />

the Manufacturing sector- the second<br />

largest foreign exchange earning<br />

sector for Trinidad and Tobago and<br />

the second largest employer – helping<br />

to make the economy of this country<br />

stronger.<br />

<strong>The</strong> success of the Manufacturing<br />

sector is one we are proud to see<br />

being realised and the efforts of the<br />

Government and key stakeholders<br />

continue to be a key element in this<br />

achievement. We at the TTMA look<br />

forward to continuing to create value<br />

and provide world class service to you<br />

our members in 2018.<br />

3


<strong>The</strong><br />

success<br />

stories<br />

Trade & Investment<br />

2017<br />

Convention


<strong>The</strong> largest manufacturing convention<br />

within the Caribbean region,<br />

the Trade and Investment Convention (TIC 2017) celebrated a successful 18 years<br />

with over <strong>11</strong>,000 patrons in attendance. With its 2017’s theme “From T&T to World”<br />

the four day gathering of local, regional and international exhibitors and buyers<br />

took place at the Centre of Excellence, Macoya from July 6th to 9th.<br />

<strong>The</strong> multi-sector trade show, which is organized and executed by the Trinidad<br />

and Tobago Manufacturers’ Association (TTMA), has proven to be very effective in<br />

terms of expanding local, regional and international trade, attracting manufacturers,<br />

service providers, buyers, distributors, financial institutions and investors.<br />

<strong>The</strong> Trinidad and Tobago economy is currently experiencing an economic recession.<br />

Despite this, the TIC has been a catalyst for new and existing businesses which, by<br />

extension, supports the economic diversification thrust. <strong>The</strong> business community<br />

and stakeholders are seeing how they can reap the rewards once they develop the<br />

necessary business partnerships and make the necessary investments.<br />

5


Exhibitors<br />

Overall TIC is the greatest platform for manufacturers to<br />

showcase their products and services alongside networking and<br />

conducting the relevant business meetings to take their brands<br />

worldwide.<br />

TIC 2017 accommodated 246 booths, 5 pavilions, 1 TTMA<br />

pavilion and 5 sponsor pavilions. Hosted were 212 registered<br />

exhibitors. Of the entire exhibitor population (registered by<br />

booth), 157 (74%) companies were local and 55 (26%) regional<br />

and international. 60 companies were repeat exhibitors from TIC<br />

2017. As is customary, some exhibitors occupied more than one<br />

exhibition space. Again, a significant remainder of companies<br />

exhibited under other business and/or chambers and agencies.<br />

Booth sizes consisted of large booths (3m x 3m), Medium<br />

booths (3m x 2m), and Small booths (Table booths). <strong>The</strong>re were<br />

(3) three 9m x 6m and (2) two 12m x 6m pavilions. Two sections<br />

of the floor plan were dedicated to the Construction sector and<br />

the Food and Beverage sector respectively, while another large<br />

section was a dedicated Automotive Industry Zone.<br />

This year, the automotive industry had its own dedicated area<br />

with over 15 auto-related exhibitors signing on to participate.<br />

<strong>The</strong> (TTMA) partnered with the makers of 100 per cent locally<br />

owned Zorce Racing Magazine (Zorce Publications Ltd). Zorce<br />

provided the convention with high-quality local, regional and<br />

international automotive-related content from insightful new-car<br />

reviews and anything that contributed to the auto industry.<br />

TIC 2017 saw participants from numerous countries, including<br />

Barbados, Belize, Cuba, Costa Rica, Dominica, Dominican<br />

Republic, Grenada, Guyana, Jamaica, Peru, Saint Lucia, St.<br />

Vincent and the Grenadines, Suriname, United Kingdom and<br />

Venezuela.<br />

Buyers<br />

Buyers and distributors have found the need to strive to offer a<br />

complementary range of products that meet the needs of their<br />

customers at the right price, with the right quality, in the right<br />

package and at a lead-time acceptable to their clients. <strong>The</strong> ability<br />

of a buyer and distributor is to differentiate what is value driven.<br />

TIC has noted a significant increase in number of attendees and<br />

buyers over the last three (3) years. It is anticipated that the show<br />

will continue to grow in this regard as we seek to add qualitative<br />

returns to the exhibitors.<br />

Some of the countries that participated were Antigua and<br />

Barbuda, Barbados, Belgium, Bermuda, Brazil, Canada, Chile,<br />

China, Colombia, Costa Rica, Cuba, Dominica, Dominican<br />

Republic, Ghana, Grenada, Guadeloupe, Guyana, Jamaica,<br />

Martinique, Nigeria, Puerto Rico, Saint Lucia, Saint Vincent and<br />

<strong>The</strong> Grenadines, Suriname, United Kingdom and the United<br />

States.<br />

6


B2B<br />

Our Business-to Business (B2B) meeting lounge fostered and<br />

facilitated meaningful business relations between buyers and<br />

exhibitors. All (B2B) meetings were arranged between two<br />

businesses or business representatives to initiate conversations<br />

or aid in the continuation of discussions geared toward the<br />

growth and development of participants’ respective organization<br />

and industry.<br />

Due to great success and high demand our Business-to-<br />

Business meetings were originally scheduled for the business<br />

days of the convention, which were the first two days (Thursday<br />

and Friday) but due to the request for B2B meetings, Saturday<br />

was included in the schedule as a B2B meeting day.<br />

Inward Buyers Mission with exporTT<br />

<strong>The</strong> TTMA and exporTT collaborated in hosting a VIP inward<br />

buyers’ mission at TIC 2017. <strong>The</strong> key factor between Trinidad<br />

and Tobago Manufacturers’ Association (TTMA) and <strong>The</strong><br />

National Export Facilitation Organization of Trinidad and Tobago<br />

(exporTT) was to successfully provide an export platform for<br />

local Trinidad & Tobago exhibitors to promote their products,<br />

meet international buyers and deepen penetration of traditional<br />

markets.<br />

Thank you to our valued sponsors of TIC2017- First Citizens,<br />

Ministry of Trade and Industry, <strong>The</strong> Telecommunications Services<br />

of Trinidad and Tobago, Guardian Group and Balroops Vistrac.<br />

<strong>The</strong> many success stories would not have been possible without<br />

your continued support.<br />

Overall TIC 2017 was a success and we invite you to register and<br />

be a part of TIC 2018 which takes place between July 5th to 8th<br />

at the Centre of Excellence with the theme, “NEW HORIZONS,<br />

NEW OPPORTUNITIES”. Log on to www.ttma.com/tic or email<br />

ticbuyers@ttma.com , ticsales@ttma.com for more information.<br />

We look forward to seeing you there!<br />

7


Trade & Investment<br />

Convention 2018<br />

Launched<br />

On 6th September 2017, the media launch of the Trade<br />

and Investment Convention for 2018 (TIC2018) took place<br />

at Five Star Private Members Club, Chaguanas. This<br />

event hosted by the Trinidad and Tobago Manufacturers’<br />

Association (TTMA) introduced next year’s theme of “New<br />

Horizons, New Opportunities”.<br />

In his address, TTMA’s President Mr. Christopher Alcazar<br />

noted the success of TIC2017 by highlighting the following:<br />

• TIC2017 was the largest TIC that TTMA has ever hosted<br />

with over <strong>11</strong>,500 attendees – with 7,720 being unique<br />

attendees<br />

• This TIC, as has become tradition, saw global<br />

participants from such countries as Barbados, Belize,<br />

Cuba, Costa Rica, Dominica, Dominican Republic,<br />

Grenada, Guyana, Jamaica, Peru, Saint Lucia, St.<br />

Vincent and the Grenadines, Suriname, United Kingdom<br />

and Venezuela<br />

• TIC hosted over 200 Business-to-Business meetings<br />

which translated into meaningful contacts and in some<br />

instances, the proposal and execution of contracts<br />

• TIC2017 saw the generation of over $50 million dollars<br />

in business locally, from the planning stages to the<br />

execution of the 4-day period of TIC<br />

<strong>The</strong> media launch also featured remarks from some of our<br />

sponsors of TIC2018. Mr. Larry Olton of First Citizens noted<br />

the resilience of smaller manufacturers during this time of<br />

economic downturn. He also highlighted that First Citizens<br />

was in the process of taking its services far beyond the<br />

shores of Trinidad and Tobago. He indicated though First<br />

Citizens is currently also in St. Vincent, St. Lucia, Barbados<br />

and Costa Rica, the company is actively searching for new<br />

opportunities to expand into other territories. Mr. Olton also<br />

reiterated that the “local economic situation” compels First<br />

Citizens to find “creative ways to build business opportunity”<br />

and as such, First Citizens is once again proud to partner<br />

with the TTMA for the tenth year in 2018.<br />

8


TIC2018 also welcomes the face of a<br />

new sponsor- S.M. Jaleel Company<br />

Limited- Mr. Marlon Newallo who<br />

delivered remarks on behalf of the<br />

company as a first time sponsor of TIC.<br />

In his remarks, he highlighted the need<br />

to be “innovatively disruptive” given the<br />

current economic climate and the need<br />

to continue expanding the Trinidad<br />

and Tobago brand both regionally and<br />

internationally. Mr. Newallo spoke of<br />

some of the innovative steps that S.M.<br />

Jaleel Co. Ltd. was taking in order to<br />

continue to reinvent itself in today’s<br />

market such as putting out 23 new<br />

products in 2017 alone. In this vein,<br />

Mr. Newallo emphasized that S.M.<br />

Jaleel Co. Ltd’s endorsement of TIC via<br />

sponsorship is another way in which<br />

the company shows its commitment<br />

to local manufacturing, expansion of<br />

markets and its trust in the work of the<br />

TTMA.<br />

Permanent Secretary Norris Herbert<br />

also delivered remarks on behalf of<br />

the Ministry of Trade. <strong>The</strong> Permanent<br />

Secretary once again outlined the wellestablished<br />

relationship that exists<br />

between the TTMA and the Ministry<br />

of Trade over the last 18 years and<br />

spoke with excitement of continuing<br />

this relationship as TIC entered into its<br />

19th year of existence with TIC 2018.<br />

He also emphasized the important<br />

roles that the Ministry of Trade and<br />

the TTMA will play in securing the<br />

financial future of Trinidad and Tobago<br />

as the government continues to drive<br />

diversification.<br />

Valued sponsor representative, Mr.<br />

Vishnu Balroop of Balroops Vistrac<br />

was also in attendance at the event<br />

offering his best wishes and support<br />

for TIC2018.<br />

<strong>The</strong> launch of TIC2018 was twinned<br />

with the launch of TTMA’s “Proudly<br />

Manufactured in T&T” campaign.<br />

Speaking to this campaign was TTMA<br />

Director Mr. Ryan Lewis. Mr. Lewis<br />

indicated that among the many calls<br />

for citizens of Trinidad and Tobago to<br />

support local or buy local, the TTMA<br />

wished “to widen that discussion and<br />

encourage persons to think what it<br />

means to be a Trinbagonian again”.<br />

He invited the citizens of Trinidad and<br />

Tobago and members of the media to<br />

He highlighted that,<br />

“the core message<br />

of who we are<br />

should be the<br />

guiding principle<br />

for every action<br />

we take, word we<br />

speak & decision<br />

we make”.<br />

look out for videos being produced<br />

by the TTMA which hope to show the<br />

people of Trinidad and Tobago the<br />

value of our local manufacturers as<br />

they share their stories.<br />

<strong>The</strong> event closed with a networking<br />

session in which all attendees were able<br />

to exchange ideas and visions for the<br />

new horizons and new opportunities<br />

which TIC2018 holds.<br />

9


the<br />

World<br />

of chocolate<br />

Trinidad & Tobago Fine Cocoa Company Ltd<br />

<strong>The</strong> Trinidad & Tobago Fine<br />

Cocoa Company Ltd (TTFCC)<br />

was established as a publicprivate<br />

partnership with the aim<br />

of rehabilitating the cocoa sector.<br />

This has been achieved through<br />

improving the quality and<br />

yield of bean production<br />

and developing valueadded<br />

products for the local,<br />

regional and international<br />

markets. Having won the ‘Innovator<br />

of the Year’ award meant that we<br />

would be able to promote the sector<br />

on a different level locally, while raising<br />

awareness internationally. TTFCC has<br />

been graciously located on the La<br />

Reunion Estate in Trinidad, covering<br />

200 hectares, on which award-winning<br />

cocoa is grown. Together with our<br />

state-of the art processing<br />

facility, we can produce<br />

a complete bean-tobar<br />

product of the<br />

highest quality.<br />

TTFCC has been able to<br />

offer products such as cocoa liquor,<br />

couverture, cocoa powder, cocoa nibs,<br />

and chocolates of varying percentages<br />

in varieties of ‘Dark’ and ‘Milk’. As a<br />

processing facility, we have been able<br />

to offer other farmers and producers<br />

the use of our equipment.<br />

This has been done at a cost which<br />

is calculated based on the aspect of<br />

processing and quantities. TTFCC<br />

has continued to encourage those in<br />

need of processing to make use of<br />

our facility as we engender oneness in<br />

a drive to rehabilitate cocoa growing<br />

and production. Being proudly<br />

manufactured in Trinidad and Tobago<br />

in the realm of cocoa production is a<br />

key point to convey to consumers. <strong>The</strong><br />

providence and origin of the cocoa<br />

became increasingly important for<br />

fine foods and high quality markets.<br />

<strong>The</strong> interest of origin can be reflected<br />

in Harrods’ choice to co-brand with<br />

TTFCC to showcase four different<br />

single estate chocolates.<br />

Trinidad and Tobago’s heritage has<br />

been highlighted through our novel<br />

‘Steel Pan Tin’ packaging. On that<br />

note, TTFCC has been the proud<br />

recipient of two esteemed 2017<br />

Academy of Chocolate Silver Awards.<br />

10


One award commended our ‘Steel Pan<br />

Tin’ packaging while the other award<br />

was designated for our very own La<br />

Reunion 70% Single Estate Dark<br />

Chocolate formulation in the ‘Tree-to-<br />

Bar’ category. This item was created to<br />

display the beauty of our culture to the<br />

world while connecting Trinbagonians<br />

to their rich history of cocoa farming<br />

and production. Through these<br />

ventures we highlight the farmers and<br />

their estates. TTFCC currently engages<br />

over 20 partner estates and we intend<br />

to work with many farmers throughout<br />

the country.<br />

TTMA and TTFCC could educate the<br />

consumer on the local products in the<br />

market. This effort could encourage<br />

consumers to think differently about<br />

the local products; influencing and<br />

changing their buying behaviour. Due<br />

to the increased awareness of the<br />

cocoa industry, the need to support<br />

local farmers has been imminent.<br />

Local ingredients should be promoted<br />

to domestic food processing facilities<br />

alongside this effort. We pride ourselves<br />

at sourcing all of our ingredients from<br />

Trinidad and Tobago.<br />

<strong>The</strong> Trade and Investment Convention<br />

(TIC) assisted us in finding new<br />

business opportunities as well as<br />

fruitful partnership agreements. TIC<br />

also provided a means to obtain<br />

instant feedback from consumers on<br />

our products. <strong>The</strong> information gathered<br />

proved vital for our operations. With<br />

regards to export and diversification,<br />

we intend to increase our range of<br />

products. Utilising local ingredients<br />

would be a key aspect of this range as<br />

we develop new flavours and culinary<br />

experiences.<br />

<strong>The</strong> Trinidad & Tobago Fine Cocoa<br />

Company (TTFCC) Ltd, partnered<br />

with the Inter-American Development<br />

Bank (IDB) and the Cocoa Research<br />

Centre of the University of West Indies<br />

to launch a three-year programme<br />

that would assist cocoa growers to<br />

improve the quality and yield of their<br />

beans. This project would also ensure<br />

access to value-added markets both<br />

domestically and internationally. Known<br />

as “IMPACTT” (Improving Marketing<br />

and Production of Artisanal Cocoa from<br />

Trinidad & Tobago), this project was<br />

aimed to develop standards, cocoa<br />

origin tracking tools, a certification<br />

system and a range of marketing tools<br />

that would aid growers in selling their<br />

beans at the highest value. A project<br />

of this scale could not be possible<br />

without the support from institutions<br />

such as the British High Commission,<br />

the Ministry of Agriculture, UWI and the<br />

IDB.<br />

TTMA has supported TTFCC<br />

immeasurably from our beginning. Our<br />

successful co-branding with Harrods<br />

could not have been possible without<br />

TTMA’s faith in our company, as well<br />

as their assistance by any plausible<br />

means. Our partnership with the world<br />

famous Harrods Stores, London gave<br />

rise to a Limited Edition 2017 Trinidad<br />

& Tobago Harrods collection. <strong>The</strong>se<br />

estates were selected by the discerning<br />

chefs at Harrods and profiled four<br />

of the finest Trinitario cocoa estates<br />

from Central, South, North and East<br />

Trinidad.<br />

<strong>The</strong> four featured estates included;<br />

La Reunion Estate, Ortinola Estate,<br />

Tableland Evergreen Estate, and the<br />

Aripo Estate. This internationally<br />

recognized effort brought a greater<br />

interest and understanding of Trinidad<br />

and Tobago’s Trinitario cocoa, while<br />

emphasizing the impeccable reputation<br />

held for our cocoa worldwide.<br />

TTFCC has been the proud recipient<br />

of two esteemed 2017 Academy of<br />

Chocolate Silver Awards.<br />

<strong>11</strong>


Hilda’s<br />

Premium Pepper Sauce<br />

Hilda’s Premium pepper sauce remains<br />

a handed-down family recipe for two<br />

generations. In 2015 we decided to form<br />

Morningside Premium Foods<br />

Limited to bring our unique recipe<br />

to your kitchen. Today, you can find<br />

our five flavors in many supermarkets,<br />

specialty shops and restaurants<br />

around Trinidad and Tobago. Our<br />

journey to national recognition has not<br />

been an easy task; however, Hilda’s got<br />

a most welcomed boost by winning<br />

the 2016 Excellence in Manufacturing<br />

Award (Manufacturer of the Year- small<br />

category) from the Trinidad and Tobago<br />

Manufacturers’ Association.<br />

Hilda’s not only pride our self with the<br />

award but also by extension our local<br />

farmers and distributors that all helped<br />

to make that all important journey from<br />

our factory to your plate a success. I<br />

feel proud to know that Trinidad and<br />

Tobago can produce high quality<br />

consumables that can compete on the<br />

world’s market. This award is proof that<br />

hard work and dedication pays off. This<br />

milestone has added to the growth of<br />

the company by encouraging us to<br />

strive for higher accomplishments and<br />

greater heights.<br />

As it is said, ‘like grandma use to<br />

make it,’ Hilda’s remains MSG, corn<br />

starch and food colouring free, which<br />

encourages our manufacturing team to<br />

find the best local produce that goes<br />

into each of our five flavors. By going<br />

straight to the farmer, we are not only<br />

guaranteed the freshest ingredients,<br />

but this initiative helps us control our<br />

production cost as savings that we<br />

pass on directly to our consumers.<br />

With that said, customers ‘buying local’<br />

helps in creating jobs and generating<br />

cash flow, thus impacting positively on<br />

the economy.<br />

By partnering with the TTMA and<br />

partaking in the Trade and Investment<br />

Convention [TIC] in 2016 and 2017, it<br />

opened up new avenues for us to meet<br />

new local suppliers and showcased<br />

what Trinidad and Tobago has to<br />

offer both to the international and<br />

local business community and the<br />

general public, TIC 2016 and 2017<br />

has propelled Hilda’s into a broader<br />

spotlight locally in which we were able<br />

to acquire key accounts.<br />

<strong>The</strong> TTMA has embarked on a campaign<br />

with local businesses, to support<br />

the local industries to instill pride in<br />

the saying “Proudly Manufactured in<br />

T&T”, we at Morningside Premium<br />

Foods Limited [Hilda’s] take great<br />

pleasure in working with the TTMA in<br />

this endeavour. TIC has allowed us to<br />

forge new business relationships with<br />

potential buyers both Regionally and<br />

Internationally, it has afforded us the<br />

opportunity as a small business to<br />

have private meetings [B2B] with the<br />

buyers, to gain insight into the business<br />

practices and food regulations in their<br />

respective countries.<br />

12


A handed-down family<br />

recipe for two generations.<br />

Morningside Premium Foods would<br />

like to be a global brand with a diverse<br />

product line that offers a range of<br />

quality products. Taking our business<br />

international is the next step in our<br />

vision of worldwide recognition. By<br />

diversifying our range of products, we<br />

hope to introduce the international<br />

community to the unique and<br />

tantalizing taste of our culture. Our aim<br />

is to be a household name of people of<br />

all demographics.<br />

For us, “Proudly Manufactured in T&T”<br />

remains a badge of honour. Like our<br />

pepper sauces, it may be a bold vision,<br />

but we remain committed to local<br />

manufacturing while working toward<br />

worldwide recognition. We remain<br />

committed to growing our regional and<br />

international market; we know that by<br />

doing so we are not only taking Hilda’s<br />

to the world but Trinidad and Tobago<br />

as well.<br />

Keeping<br />

Things<br />

Local<br />

13


Illicit<br />

Trade<br />

by Ismahieel Ali and Joy Francis<br />

As international trade has expanded<br />

dramatically in the 21st century, so too<br />

illicit trade has grown. <strong>The</strong> expansion<br />

of this trade has been to infiltrate the<br />

Caribbean region, and more specifically,<br />

Trinidad and Tobago has become the<br />

home to this type of trade. Everyday<br />

life is becoming seriously affected from<br />

counterfeit products to increasing drug<br />

crimes. <strong>The</strong> effects of this trade range<br />

from economic, environmental, and<br />

social and it is becoming challenging<br />

to curb its impacts.<br />

So what is illicit trade?<br />

<strong>The</strong> World Economic Forum (WEF)’s<br />

Global Agenda Council on Illicit Trade<br />

defines it as “involving money, goods or<br />

value gained from illegal and generally<br />

unethical activity. It encompasses a<br />

wide variety of illegal trading activities,<br />

including human trafficking, smuggling<br />

of excisable goods and trade in illegal<br />

drugs, as well as a variety of illicit<br />

financial flows”. While the definition is<br />

lengthy, it encapsulates the ‘meat’ of<br />

this trade. We are confronted by this<br />

trade every day.<br />

WEF continues to state that the “value<br />

of illicit trade – primarily the sale of<br />

counterfeit goods – is estimated<br />

at US$ 650 billion worldwide. If we<br />

include money laundering, the number<br />

jumps to an astonishing US$ 2 trillion,<br />

compared to a legitimate global trade<br />

figure of about US$ 10 trillion. <strong>The</strong> illicit<br />

economy is, worryingly, truly vast”. This<br />

statement from WEF is profound to say<br />

the least and TTMA is of the belief that<br />

this type of trade is becoming more<br />

prominent in our jurisdiction and the<br />

catastrophic effects are widespread.<br />

<strong>The</strong> worrying fact is that there is limited<br />

information on this type of trade and<br />

this need to change.<br />

<strong>The</strong> impacts are farreaching…<br />

As previously stated, the risks are<br />

economic, environmental and social.<br />

Firstly, illicit trade and financial flows<br />

reroute money from the legitimate<br />

economy. Environmentally, some of<br />

these trades reduce natural resources<br />

or have other environmentally negative<br />

effects. Socially, the impacts are<br />

enormous. <strong>The</strong>re are the direct effects<br />

of human trafficking and the harm<br />

caused by counterfeit drugs and<br />

medicines.<br />

As previously stated, the impacts are<br />

far–reaching affecting all areas of the<br />

economy and society. For example,<br />

illicit trade and financial flows reroute<br />

money from the legitimate economy. In<br />

a nutshell, illicit financial flows (money<br />

gained from illegal means) are seen<br />

as a major economic impediment<br />

to sustainable development since<br />

exorbitant losses are expected since<br />

a country as a whole and businesses<br />

lose income investment, markets<br />

and legitimacy; and populations are<br />

marginalized and exposed to health<br />

risks. As the saying goes, this is the tip<br />

of the iceberg…<br />

Research in the area of illicit<br />

financial flows generated by one key<br />

transnational organized crime sector,<br />

the global market for cocaine, was<br />

14


Illicit<br />

trade is:<br />

Involving money, goods or<br />

value gained from illegal and<br />

generally unethical activity.<br />

also conducted for this article. <strong>The</strong><br />

gross profits out of cocaine sales<br />

were estimated at US$84 billion for<br />

the year 2009, compared with about<br />

US$1 billion earned by the farmers in<br />

the Andean region. Most of the gross<br />

profits (retail and wholesale) were<br />

generated in North America (US$35<br />

billion) and in West and Central Europe<br />

(US$26 billion).This research was done<br />

by the United Nations Office on Drugs<br />

and Crime. <strong>The</strong> money generated from<br />

this illegal market is often used to<br />

support a cycle of corruption practices<br />

and allowing groups in power to gain<br />

resources that can be used for selfinterests<br />

and not the interests of the<br />

populace.<br />

Environmentally, the impacts of illicit<br />

trade on the environment go beyond<br />

the immediate detrimental effects<br />

on target species. For instance, illicit<br />

trade in wildlife can lead to the spread<br />

of diseases and invasive species<br />

when live animals are moved across<br />

international borders. <strong>The</strong> populace<br />

is faced with health risks from these<br />

invasive species. Trinidad and Tobago<br />

has seen over the years an increase<br />

in illicit cigarettes, counterfeit alcohol,<br />

guns, wildlife and many more. <strong>The</strong>se<br />

items have been imported illegally at<br />

an alarming rate as the country has<br />

been seen as a major trading hub.<br />

TTMA’s role….<br />

In an attempt to tackle this growing<br />

problem, the Trinidad and Tobago<br />

Manufacturers’ Association (TTMA)<br />

has established a Trade Desk Officer to<br />

focus on the investigation of illicit trade<br />

and unfair trading practices in Trinidad<br />

and Tobago.<br />

This Trade Desk has been established<br />

to highlight the area on illicit trade and<br />

its impact on the manufacturing sector<br />

and to strengthen partnerships with key<br />

agencies with the aim of developing<br />

strategies to combat illicit trade.<br />

Primarily, the functions of this Trade<br />

Desk are to receive and record<br />

complaints of illicit trade and unfair<br />

trade practices by our members,<br />

conduct investigation into these<br />

complaints, report complaints to<br />

relevant authorities (Customs and<br />

Excise, TTBS , CFDD , Fair Trading<br />

Unit) and address way forward. <strong>The</strong><br />

four main areas that will be addressed<br />

by the Trade Desk include:<br />

• Counterfeiting<br />

• Dumping Practices<br />

• Smuggling<br />

• Non-compliance to<br />

labeling regulations.<br />

Illicit trade, in its varying forms poses<br />

number of adverse problems for<br />

society, government and state. It is<br />

the hope of TTMA, that this desk will<br />

commence the end of illicit trade in<br />

our ‘home’ of Trinidad and Tobago.<br />

Please contact Mr. Ismahieel Ali at<br />

tradeassist@ttma.com or 675-8862<br />

extension 234 for more information on<br />

the illicit trade desk at TTMA.<br />

15


TTMA's<br />

President’s Dinner<br />

&<br />

Excellence in Manufacturing Awards<br />

On Tuesday 3rd October 2017, the<br />

Trinidad and Tobago Manufacturers’<br />

Association hosted its annual<br />

President’s Dinner and Excellence in<br />

Manufacturing Awards at the Hyatt<br />

Regency Trinidad. This formal event<br />

saw attendees from all sectors of<br />

manufacturing gather to celebrate<br />

winners of various new and existing<br />

categories in manufacturing excellence.<br />

<strong>The</strong> event showcased this country’s<br />

manufacturing innovation and<br />

capability as well as new insight into<br />

green manufacturing all the while<br />

promoting this thriving sector both<br />

locally and abroad.<br />

<strong>The</strong> feature speaker of this event was<br />

Mr. Robert Price, Chairman of the Board<br />

of PriceSmart Inc.. Mr. Price spoke<br />

about building a successful business<br />

with his father as well as supporting<br />

locally made products in Trinidad and<br />

Tobago, such as Blue Waters Products<br />

Limited who will be providing water<br />

for the PriceSmart franchise under a<br />

private label.<br />

TTMA also presented its Lifetime<br />

Achievement Award to Mr. Arthur Lok<br />

Jack who spoke about diversifying<br />

the economy and supporting the<br />

manufacturing sector to help get out of<br />

this recessionary period.<br />

<strong>The</strong> evening closed on a speech given<br />

my TTMA’s President, Mr. Christopher<br />

Alcazar who noted “Nation building<br />

is important for us in the business<br />

community but it is not only up to<br />

us to build the nation, it is up to<br />

everyone who lives in this society…..<br />

Nation building includes when you<br />

as a consumer read on the back of a<br />

product ‘Made in Trinidad and Tobago’<br />

you are supposed to feel a sense of<br />

pride. To some, you might believe that<br />

‘Made in Trinidad and Tobago’ isn’t a<br />

prestigious thing – after all we believe<br />

foreign thing is bess. Wrong.”<br />

Recognition was given to manufacturers<br />

for excellence in various categories –<br />

•Innovator of the Year – Trinidad and<br />

Tobago Fine Cocoa Company Limited<br />

•Green Manufacturer of the Year –<br />

Crown Lithography Trinidad Limited<br />

•Excellence in Service Award –<br />

Blue Waters Products Limited<br />

•New Market Entrant Small/Medium –<br />

RHS Marketing Limited<br />

•New Market Entrant Large –<br />

Angostura Limited<br />

•Manufacturer of the Year Small –<br />

Morning Premium Foods Limited<br />

•Manufacturer of the Year Medium –<br />

Shazam Enterprises and Investments<br />

Limited<br />

•Manufacturer of the Year Large –<br />

Trinidad Tissues Limited<br />

16


Mr. Arthur Lok Jack was A<br />

recipient of TTMA’s Lifetime<br />

Achievement Award for 2017.<br />

17


<strong>The</strong> company started 20<br />

years ago by the Management<br />

team of ALI’S HARDWARE AND<br />

METAL FABRICATORS LTD of Union<br />

Road Marabella, Trinidad; the parent<br />

company of SHAZAM ENTERPRISES<br />

AND INVESTMENTS LTD. ALI’S<br />

HARDWARE itself was founded 45<br />

years ago by MR. SHAFFIAT ALI and<br />

MRS. SALIMA ALI. From its humble<br />

beginning, Ali’s Hardware grew to<br />

become a major wholesaler and retailer<br />

of hardware and building products.<br />

Shazad Ali the Managing Director of<br />

Shazam Enterprises continued from<br />

ALI’S HARDWARE to establish a<br />

company that would grow in the future<br />

into an exemplary organization moving<br />

ahead in a time of much change in the<br />

global marketplace.<br />

Shazam Enterprises has been involved<br />

in the importing and distributing of a<br />

range of hardware products, principal<br />

of which have been PVC pipes and<br />

fittings. <strong>The</strong> demand in the market for<br />

quality products at competitive prices<br />

brought a change to our strategy. In<br />

2013 Shazam Enterprises decided to<br />

venture into the manufacturing of PVC<br />

pipes. In 2014 Shazam Enterprises<br />

started manufacturing PVC pipes.<br />

Since then Shazam has developed the<br />

ability and skill to steadily manufacture<br />

quality PVC pipes that meets<br />

international standards. <strong>The</strong> quality of<br />

our PVC pipes has given Shazam the<br />

opportunity to competitively export to<br />

the Caribbean region.<br />

Winning awards from TTMA in 2015<br />

and 2016 is testimony to the fact that<br />

Shazam as an organization has risen to<br />

the task and will continue to improve<br />

God willing.<br />

Union Road Marabella was the<br />

genesis of Shazam Enterprises. <strong>The</strong><br />

evolution of the organization from<br />

retail to manufacturing was a giant<br />

step requiring a paradigm shift in<br />

strategy and operations. Many manhours<br />

went into research, learning,<br />

training, planning, resourcing, sourcing<br />

and then finally into executing for<br />

‘Go Live’ in 2014. Our winning the<br />

awards of New Market Entrant – 2015<br />

and Manufacturer of the Year 2016 –<br />

Medium size category was exciting for<br />

us for many reasons. <strong>The</strong>se awards<br />

confirmed to us that our vision and<br />

strategy maintained focus. Winning<br />

the awards also reinforced our impetus<br />

to remain unrelenting in our pursuit of<br />

excellence, for the pride lay in the fact<br />

that we were manufacturing locally<br />

a product of international standards;<br />

able to meet the requirements of our<br />

customers.<br />

“Proudly manufactured in TT” is a<br />

vision and an aim for us at Shazam<br />

Enterprises. Locally manufactured<br />

means to us firstly that TT has the<br />

skills and resources to provide a level<br />

of independence from imported goods.<br />

At Shazam Enterprises manufacturing<br />

locally gives us the ability to manage and<br />

control our business more efficiently<br />

and effectively. This means that we can<br />

“see and touch” our product to ensure<br />

the best quality is produced for our<br />

customers. In-house manufacturing<br />

means we can better control costs to<br />

ensure the price of our product remains<br />

competitive to the advantage of our<br />

customers. It is important to us to<br />

sustain local manufacturing to be able<br />

to provide employment to our national<br />

people thereby contributing to local<br />

organic growth of our economy.<br />

<strong>The</strong> growth of the economy is<br />

dependent on many factors and<br />

sectors. One such is the manufacturing<br />

sector of our country. Manufacturers<br />

18


provide employment to the citizens<br />

of the country; encourages the<br />

development of skills and resources<br />

and provide income to the government.<br />

Our customers are no less an important<br />

stakeholder in the development of<br />

our country. Shazam Enterprises<br />

supports the local manufacturing<br />

sector by encouraging and educating<br />

customers on the cost effectiveness<br />

of buying locally manufactured<br />

products of world class quality. We<br />

also believe in sensitizing customers<br />

on the opportunities for sustainable<br />

employment created by local<br />

manufacturing while being patriotic<br />

to country by supporting the locally<br />

manufactured products. This is an area<br />

we at Shazam Enterprises are willing<br />

to work with the TTMA in driving the<br />

initiative to Support Local/Buy Local.<br />

Shazam Enterprises has been involved<br />

in the TIC for the last four years. This<br />

event has become our premier sales<br />

and marketing event of the year. TIC<br />

has been the perfect showcase to<br />

expose Shazam Enterprises products<br />

and what we do, to the thousands<br />

who attended from across the region.<br />

Of the many who visited our booths<br />

in the past years, several meaningful<br />

contacts were established. TIC is a<br />

great way of networking and bringing<br />

our brand name and products to<br />

wholesalers, retailers, homeowners,<br />

and entrepreneurs. As we move ahead<br />

with our manufacturing and export<br />

targets we endeavor to maintain the<br />

resource TIC offers as we see many<br />

positives in participating in the event.<br />

Shazam Enterprises has shown steady<br />

growth in exports since starting its<br />

manufacturing department. We are<br />

constantly evaluating our position,<br />

processes and strategy to increase our<br />

leverage while sustaining high quality<br />

levels in our manufactured and other<br />

products. Our main goal is to ensure<br />

that our most valued stakeholders<br />

remain satisfied while developing<br />

an organization that is honest and<br />

ethical in its practices, leading the<br />

way in manufacturing and exporting.<br />

PROUDLY<br />

MANU FACTURED<br />

IN T&T!<br />

We intend to continue on the path of<br />

manufacturing PVC pipes with plans to<br />

increase our product range and market<br />

coverage as we move into the future.<br />

Winning the Prestigious TTMA<br />

“Manufacturer of the Year” Award<br />

represents the united sprit in all of us<br />

at Shazam Enterprises. This has fueled<br />

our drive for continued prominence in<br />

the market place. Shazam Enterprises<br />

expresses heartfelt appreciation for<br />

the recognition received through this<br />

award and commends the TTMA for<br />

their valiant efforts in working with their<br />

members to attain success.<br />

19


Blue Waters<br />

About<br />

Products Limited<br />

Blue Waters Products Limited was<br />

incorporated in the Republic of Trinidad<br />

and Tobago on September 25, 1998 and<br />

began operations in 1999 to manufacture<br />

and distribute purified bottled water. <strong>The</strong><br />

operations of the company have grown<br />

significantly over the last 18 years of its<br />

existence and involves the manufacture,<br />

wholesale and retail of purified and<br />

flavoured bottled water, the manufacture<br />

of Pepsi branded products under license<br />

and the wholesaling and retailing of<br />

other non-alcoholic beverages including<br />

energy drinks, such as Monster Energy<br />

Drink. Blue Waters Products Limited has<br />

grown to be an iconic Caribbean brand<br />

over the years and is now the preferred<br />

brand of bottled purified drinking water in<br />

the Caribbean.<br />

Blue Waters operates a modern facility<br />

in Orange Grove which can be simply<br />

described as world class by international<br />

beverage manufacturing standards,<br />

where it bottles water, sourced from<br />

an underground artesian well, filtered<br />

and purified, bottled and distributed to<br />

customers across the Caribbean. A key<br />

milestone in the company’s history is<br />

the establishment of a sister plant in the<br />

beautiful island of St. Lucia, Blue Waters<br />

St. Lucia Limited in 2013. <strong>The</strong> plant has<br />

been outfitted with new state of the art<br />

equipment and not only bottles and<br />

distributes purified bottled water, but<br />

also distributes several other beverages<br />

under its portfolio such as Monster<br />

Energy Drink and other beverage brands.<br />

In addition to this, Blue Waters Agriculture<br />

division, ‘Wit Luv Farms’, boasts of a<br />

variety of agriculture produce on its<br />

estate. <strong>The</strong> farm currently produces for<br />

sale a variety of tree crops including<br />

coconuts, citrus, limes, avocados,<br />

breadfruit, chataigne and a variety of<br />

exotic fruits. In addition to this, the farm<br />

has invested in recycling equipment and<br />

produces organic decorative mulch.<br />

<strong>The</strong> farm is also anticipating its first<br />

commercial harvest of honey from its on<br />

farm bee hives before the end of the year<br />

2017. Wit Luv Farms has also sought to<br />

invest in an advanced hydroponic system<br />

which should begin operations sometime<br />

in 2018 and will allow the production of<br />

a consistent supply of leafy greens in a<br />

controlled environment.<br />

Proudly<br />

Made in the<br />

Caribbean<br />

Blue Waters was deeply honored and<br />

grateful for the recognition of its service<br />

excellence amongst our peers.<br />

Blue Waters proudly manufactures<br />

its beverages in Trinidad and Tobago<br />

and St. Lucia, employing hundreds<br />

of hardworking individuals in its<br />

manufacturing operations both in<br />

Trinidad and St. Lucia. Blue Waters<br />

continues to be committed to do what<br />

we can to help our country grow and<br />

prosper and drive the economic engine<br />

of our manufacturing sector.<br />

20


All of this under<br />

one umbrella<br />

At Blue Waters, we love doing what we<br />

do, refreshing our consumers with quality,<br />

functional and great tasting beverages<br />

and we feel a deep sense of pride in<br />

providing them with beverages that they<br />

want and love. Through our employees,<br />

whose artistic work tells our story in a way<br />

that connects with our consumers, our<br />

consumers believe in our product quality<br />

and taste and this accomplishment is<br />

lived through the mission and vision<br />

adopted by Blue Waters employees in the<br />

Blue Waters Way. Building this emotional<br />

connection with our customers can be<br />

magical and we believe that this is what<br />

our customers have come to expect from<br />

us, every day.<br />

We are proud to be able to say, without<br />

exception, that Blue Waters products is<br />

proud to be made in Trinidad and Tobago<br />

and St. Lucia.<br />

Looking<br />

F o rwa r d<br />

We at Blue Waters want to continue in<br />

our drive for excellence to manufacture<br />

and create more products in our country.<br />

We cannot do it alone. Our suppliers,<br />

partners and peers must also join us in<br />

this journey. When consumers purchase<br />

products made in Trinidad and Tobago,<br />

we contribute to our local economy and<br />

as we continue to invest locally and<br />

create more opportunities for growth and<br />

employment, as a society, we are made<br />

better off.<br />

<strong>The</strong> TTMA can help us drive the initiative<br />

of Support Local / Buy Local by working<br />

with our Government authorities<br />

along with other Non-Government<br />

Organizations, Chambers and the wider<br />

private sector to work together on<br />

several fronts to inform consumers on the<br />

quality of local manufactured products,<br />

to reduce bureaucratic government<br />

processes by lobbying for change and<br />

by providing avenues to showcase local<br />

manufacturing in trade shows both at<br />

home and abroad.<br />

Given our current economic realities and<br />

with reference to the speech made by<br />

Mr. Arthur Lok Jack, we cannot continue<br />

to rely only our local market for revenue.<br />

We at Blue Waters see our markets as<br />

the Caribbean and beyond. <strong>The</strong> need<br />

for export to drive the inflow of foreign<br />

currency is necessary to continue to<br />

diversify away from our reliance as an<br />

economy on oil and gas, manufacturing<br />

should lead this call. We at Blue Waters<br />

are doing our part and have established<br />

a sister plant in St. Lucia, Blue Waters St.<br />

Lucia Limited, to serve markets across<br />

the region and also, major distribution<br />

partners in several Caribbean countries.<br />

Blue Waters continues to look for new<br />

opportunities and avenues for investment<br />

and export.<br />

We wish to thank the TTMA for again<br />

recognizing our contribution to Trinidad<br />

and Tobago and look forward to further<br />

discourse on how Blue Waters as a<br />

company can contribute positively<br />

to Trinidad and Tobago and its<br />

manufacturing sector.<br />

21


Thinking local<br />

Grand Bay Paper Products Ltd<br />

Grand Bay Paper Products Ltd (GBP) is<br />

the largest Tissue Mill in the Caribbean<br />

Region and operates a modern, state<br />

of the art plant. Trinidad Tissues<br />

Limited (TTL) is today the largest tissue<br />

converting plant in the CARICOM<br />

region. Our products are widely<br />

distributed throughout the Caribbean<br />

Region through distributors within<br />

Trinidad, CARICOM, Dutch Islands,<br />

and recently Puerto Rico, Florida,<br />

Cuba and the Dominican Republic.<br />

Our operations are environmentally<br />

friendly and we utilize 100% virgin<br />

pulp and recycled paper in our tissue<br />

manufacturing processes.<br />

<strong>The</strong> paper manufacturing process is<br />

a relatively new industry in Trinidad &<br />

Tobago and it has been very challenging<br />

getting started.<br />

But now TTL/GBP is moving forward<br />

with a dedicated team, expanding<br />

our footprint of customers throughout<br />

the region and competing with<br />

multinational brands such as Procter &<br />

Gamble and Kimberly Clarke. <strong>The</strong>se<br />

international paper companies are<br />

primarily located in North America<br />

and Europe. However, GBP/TTL has<br />

managed to establish the industry<br />

in Trinidad and Tobago creating<br />

manufacturing and service jobs that<br />

help fuel the employment of nationals.<br />

Our group of companies continues<br />

to support capital investment for the<br />

continued expansion of our business.<br />

GBP and TTL embody the philosophy of<br />

“Think Local” through our talent<br />

and our brands; 2 key components<br />

of our company’s strategy. Together,<br />

the companies employ over 400<br />

employees from Trinidad and Tobago.<br />

Traditional household brands such as<br />

White Cloud®, Soft ‘n’ Pretty®, Soft<br />

Weave®, Tis-u® and Nature Soft®<br />

products have become strong players<br />

and even market leaders in their<br />

categories.<br />

With the recent launch of TTL’s<br />

“GoTTLocal” campaign, these<br />

brands are continuing to strengthen<br />

their local identities which emotionally<br />

engage customers and consumers to<br />

be encouraged to choose our products.<br />

<strong>The</strong> campaign uses the initials of the<br />

company TTL to strategically juxtapose<br />

a call to action to customers and<br />

citizens to “GoTTLocal”.<br />

<strong>The</strong> name serves as a call to action<br />

and invokes a sense of national pride<br />

and “nation building”. A topic that was<br />

raised by the President of the Trinidad<br />

& Tobago’s Manufacturing Association,<br />

Mr. Christopher Alcazar at the recent<br />

2017 President’s Dinner & Excellence<br />

in Manufacturing Awards. He stated<br />

that “Nation building is important for us<br />

in the business community but it is not<br />

only up to us to build the nation, it is up<br />

to everyone who lives in this society”.<br />

TTL and GBP are proud to play a role<br />

in building our nation through our<br />

“TTLocal” campaign both with our<br />

employees and consumers. We are<br />

supporting our nation through the<br />

employment of Trinidad and Tobago<br />

citizens, generation of foreign exchange<br />

and consumer education. Awareness<br />

and education is being executed via our<br />

radio and digital advertising, website<br />

and social media Facebook platforms;<br />

reaching everyone at various levels<br />

of technological capabilities and of<br />

course where it matters the most – the<br />

consumer’s decision making process -<br />

at the shelf.<br />

Our products are a part of everything we do:<br />

Everywhere we go....<br />

When we Are good to go and of course...<br />

When we have to go...<br />

22


Our products showcase their journey<br />

from “pulp-to-shelf”- a manufacturing<br />

process that will make all nationals<br />

proud to understand the capability of<br />

the company and build a sense of pride<br />

for our wide range of local products.<br />

At Trinidad Tissues Ltd, we try to<br />

“Think, Buy and Be Local”.<br />

In addition to TTLocal, GBP/TTL<br />

recognizes the invaluable role that the<br />

company plays in the protection of the<br />

environment, and so not only recycles<br />

the huge volumes of water used in<br />

the production process but have<br />

engaged in planning a more extensive<br />

paper recycling program that would<br />

incorporate the support from both the<br />

public and private sectors.<br />

Paper makes up a significant<br />

percentage of the solid waste stream<br />

and is one of the most recoverable<br />

materials. Recycling provides many<br />

direct and indirect benefits including;<br />

preventing emissions of many<br />

greenhouse gases and water pollutants<br />

and supplying valuable raw materials<br />

to the industry.<br />

<strong>The</strong> company partners with local<br />

recycling organizations to reduce its<br />

overall environmental footprint and<br />

build mutually beneficial relationships<br />

with organizations that support<br />

sustainability. In an effort to make use of<br />

the large volumes of sludge generated,<br />

it is supplied to a local company for<br />

use in wall panel manufacturing and<br />

the material is being evaluated for<br />

agricultural soil enhancement.<br />

At GBP/TTL thinking local enriches our<br />

employees and forges an emotional<br />

connection with our communities to<br />

buy local and believe in our products.<br />

In such an environment, everyone<br />

“plays a roll”.<br />

Our products: Paper Towels, Napkins<br />

and Bathroom Tissue are a part of<br />

everything we do: Everywhere we<br />

go…When we’re good to go and of<br />

course… When we have to go….<br />

GBP/TTL; making quality products you<br />

can count on. We make TTLocal.<br />

<strong>The</strong> TTMA can continue to drive<br />

awareness of locally manufacturing<br />

companies not only to build a sense<br />

of national unity and pride, but also<br />

to expand the footprint of the industry<br />

both regionally and internationally.<br />

<strong>The</strong> TIC platform has raised awareness<br />

of the company showing our<br />

capabilities. Being involved in show<br />

over the past few years has given TTL/<br />

GBP much needed exposure and new<br />

business for our Away From Home<br />

category. <strong>The</strong> team has made some<br />

valuable contacts that are needed to<br />

work with within the industry.<br />

TTL has succeeded in exporting our<br />

brands and has made a significant<br />

contribution to the development of<br />

the T&T economy. Within the last<br />

2 years, the company has made<br />

significant progress into the export<br />

markets including Cuba, Puerto Rico,<br />

Dominican Republic and Haiti.<br />

TTL’s plan for the future includes<br />

continuing to diversify and enter new<br />

markets showcasing our capabilities,<br />

talent and high quality products. In<br />

2017-2018, the company’s focus will<br />

be penetrating the Florida market as<br />

well as French Caribbean territories<br />

Martinique and Guadeloupe, while<br />

expanding in Haiti and developing the<br />

business in the Dominican Republic.<br />

23


Market Brief<br />

Export of Beer<br />

from Trinidad & Tobago to Chile (July 2017)<br />

BEER<br />

Within the realm of the manufacturing sector, the food and<br />

beverage sector contributes significantly to the economic<br />

landscape of Trinidad and Tobago. Several products, both<br />

niche and mainstream, are manufactured within the borders<br />

of the twin-island state. <strong>The</strong>se products are exported to the<br />

Caribbean, North America, and Europe. <strong>The</strong>se products are<br />

manufactured to various international food standards, and<br />

have been recipients of multiple internationally-acclaimed<br />

awards and accolades. Among these items is beer.<br />

Total national production: N/A<br />

Total national exports :<br />

N/A<br />

Average [unit] value:<br />

N/A<br />

HS Code: 2203.00<br />

Trinidad & Tobago tariff lines: 2203.00.10<br />

2203.00.20<br />

2203.00.90<br />

Tariff lines in Chile: 2203.00.00<br />

Target Market<br />

Population (2016):<br />

17.91 million (World Bank)%<br />

Growth 0.80%<br />

GDP per Capita (20164):<br />

Capital:<br />

Major cities:<br />

Currency:<br />

Languages:<br />

Religions:<br />

13,792.9 (Current, US)%<br />

Growth 0.80%<br />

Santiago<br />

La Florida, Maipú, Puente Alto,<br />

Viña del Mar<br />

Chilean Peso (1 USD = 650 CLP)<br />

Spanish, English<br />

Christianity (Roman Catholic<br />

66.7%, Evangelical or Protestant<br />

16.4%, Jehovah’s Witness 1%,<br />

other 3.4%, none <strong>11</strong>.5%,<br />

unspecified 1.1%)<br />

24


Imports of Beer<br />

(2012-2016)<br />

25


Market Brief<br />

Export Sugar Confectionery<br />

from Trinidad & Tobago to Chile (July 2017)<br />

SUGAR<br />

confectionery<br />

Within the realm of the manufacturing sector, the food and<br />

beverage sector contributes significantly to the economic<br />

landscape of Trinidad and Tobago. Several products, both<br />

niche and mainstream, are manufactured within the borders<br />

of the twin-island state. <strong>The</strong>se products are exported to the<br />

caribbean, north america, and europe. <strong>The</strong>se products are<br />

manufactured to various international food standards, and<br />

have been recipients of multiple internationally-acclaimed<br />

awards and accolades. Among these items is sugar<br />

confectionery.<br />

Total national production: N/A<br />

Total national exports :<br />

N/A<br />

Average [unit] value:<br />

N/A<br />

HS Code: 1704.90<br />

Trinidad and Tobago tariff lines: 1704.90.10, 1704.90.10<br />

Tariff lines in Chile: 1704.90.20, 1704.90.30<br />

1704.90.50, 1704.90.60,<br />

1704.90.70, 1704.90.80,<br />

1704.90.90<br />

Target Market<br />

Population (2016):<br />

17.91 million (World Bank)%<br />

Growth 0.80%<br />

GDP per Capita (20164):<br />

Capital:<br />

Major cities:<br />

Currency:<br />

Languages:<br />

Religions:<br />

13,792.9 (Current, US)%<br />

Growth 0.80%<br />

Santiago<br />

La Florida, Maipú, Puente Alto,<br />

Viña del Mar<br />

Chilean Peso (1 USD = 650 CLP)<br />

Spanish, English<br />

Christianity (Roman Catholic<br />

66.7%, Evangelical or Protestant<br />

16.4%, Jehovah’s Witness 1%,<br />

other 3.4%, none <strong>11</strong>.5%,<br />

unspecified 1.1%)<br />

26


Imports of Sugar<br />

Confectionery<br />

(2012-2016)<br />

27


Market Brief<br />

Export of Cereal<br />

from Trinidad & Tobago to Chile<br />

Cereal<br />

<strong>The</strong> industry’s major product is ready-to-eat (rte) cereal. <strong>The</strong><br />

most popular cereals are made with corn flakes, wheat, oats,<br />

mixed grains, or puffed rice. Other products include instant<br />

hot cereal, rolled oats, farina, and infant cereal.<br />

<strong>The</strong> most important raw material in any breakfast cereal is<br />

grain. <strong>The</strong> grains most commonly used are corn, wheat, oats,<br />

rice, and barley. Some hot cereals, such as plain oatmeal, and<br />

a few cold cereals, such as plain shredded wheat, contain no<br />

other ingredients.<br />

In Trinidad and Tobago, several manufactures of cereal<br />

include associated brands industries (universal foods).<br />

Total National ExporTS uS $1,669<br />

HS Code : <strong>11</strong> 041900<br />

Trinidad and Tobago Tariff Lines : 10.01 – 10.08<br />

Chile Tariff Lines: 100890<br />

Market Access<br />

General applied tariff<br />

6%+specific duty<br />

Tariff applied to Trinidad and Tobago<br />

Tariff applied to main competitors<br />

such as USA, Argentina , Canada<br />

6%+specific duty<br />

6%+specific duty<br />

<strong>The</strong> payment of taxes on foreign<br />

trade must be made to the<br />

Customs Service of Chile.<br />

Cereal Prices<br />

$500 - $ 1000pesos<br />

28


Imports of Cereal<br />

bY countries of origin 2016<br />

Chile ‘s market is highly represented by imports from USA and nearby counterparts Argentina and Paraguay<br />

Imports of Cereal<br />

2013-2016<br />

<strong>The</strong> above graph shows a steady decrease of the importation of Cereal over the period of 2013-2016<br />

29


Design and Layout<br />

Createm Designs and Photography: 1(868) 476 6989 | 1(868) 310 5548 | createmdesigns@gmail.com | createmdesigns.com<br />

30

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!