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CONTACT Magazine (Vol.18 No.1 – April 2018)

The first issue of the rebranded CONTACT Magazine — with a brand new editorial and design direction — produced by MEP Publishers for the Trinidad & Tobago Chamber of Industry & Commerce

Vol.18

Vol.18 No.1 April 2018 Contents ON THE COVER Joseph, Robert and John Hadad, joint CEOs of the HADCO Group, which is moving beyond imports and distribution to manufacturing and exports 04 The President’s pages Chamber President Ronald Hinds on transformation THE CHAMBER IN ACTION 06 10 14 The Chamber in action Digital revolution, business insights and coming events Lange Trinidad to supply the Caribbean’s battery needs Innovator profile by Natalie Dookie HADCO invests $35m in a new ice cream plant Innovator profile by Natalie Dookie 18 It starts right here, with you Jonathan Charles asks who should lead the urgent transformation ahead TRANSFORMING T&T 22 28 30 32 35 Making things new Pat Ganase on the art of rejuvenation Why is it taking so long? Kevin Baldeosingh wonders how T&T has dodged the transformation challenge for so long Do we really like it so? Sunity Maharaj on Dr Terrence Farrell’s 2017 study: are we too fond of things as they are? Desperate for change Hillary Young wonders whether current plans can bring Tobago the transformation it sorely needs Can we let go of fossil fuels? David Renwick on the transformations needed in the energy sector 02 Trinidad and Tobago Chamber of Industry and Commerce www.chamber.org.tt/contact-magazine

Vol.18 No.1 April 2018 The Voice of Business in Trinidad & ToBago Published by The Trinidad and Tobago Chamber of Industry and Commerce Transforming Trinidad & Tobago Settling disputes | Letting go of fossil fuels Digital revolution | The art of rejuvenation 38 40 THE STATE OF THE NATION A return to growth in 2018? Economic outlook: with luck, back in the black this year Oil, gas and petrochemicals Statistical profile: how is the energy sector faring? Columbus Circle, Westmoorings, Port of Spain, Trinidad and Tobago PO Box 499, Port of Spain • Tel.: (868) 637-6966 • Fax: (868) 622-4475 Email: chamber@chamber.org.tt • Website: www.chamber.org.tt Tobago Division: ANSA McAL Building, Milford Road, Scarborough, Tobago Tel.: (868) 639-2669 • Fax: (868) 639-2669 Email: tobagochamber@chamber.org.tt Produced for the Chamber by MEP Publishers (Media & Editorial Projects Ltd) THE CHAMBER AND ITS MEMBERS 6 Prospect Avenue, Maraval, Port of Spain, Trinidad and Tobago Tel.: 622-3821 • Fax: 628-0639 Email: info@meppublishers.com • Website: www.meppublishers.com Chamber liaison Halima Khan Editor Jeremy Taylor Page layout & design Bridget van Dongen Design template Christophe Pierre Advertising Halcyon Salazar Production Jacqueline Smith Editorial assistant Shelly-Ann Inniss 44 47 How to settle a dispute Niall Lawless on the work being done at the Dispute Resolution Centre Welcome to new members DISCLAIMER Opinions expressed in Contact are those of the authors, and not necessarily of the Trinidad and Tobago Chamber of Industry and Commerce or its partners or associates. CONTACT is published quarterly by the Trinidad and Tobago Chamber of Industry and Commerce (TTCIC). It is available online at www.chamber.org.tt/contact-magazine. © 2018 TTCIC. All rights reserved. No part of this magazine may be reproduced in any form without the written permission of the publisher. www.chamber.org.tt/contact-magazine 03 Trinidad and Tobago Chamber of Industry and Commerce

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