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Trinidad & Tobago Today: Economic Diversification

Trinidad & Tobago Today: Economic Diversification Presented by Nneka Luke – Manager Corporate Communications, e TecK. Agenda. e TecK in Context T&T Today: Key Economic Indicators The Ten Sectors for Development T&T’s Competitive Advantages Developments in Downstream Energy

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Trinidad & Tobago Today: Economic Diversification

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  1. Trinidad & Tobago Today: Economic Diversification Presented by Nneka Luke – Manager Corporate Communications, e TecK

  2. Agenda • e TecK in Context • T&T Today: Key Economic Indicators • The Ten Sectors for Development • T&T’s Competitive Advantages • Developments in Downstream Energy • Developments in ICT • Tamana InTech Park • “Going East” • Conclusion We Are Trinidad and Tobago. . .We Are Next!

  3. e TecK in Context: What We Do • Diversification of the T&T economy • Ownership, Development and Management of Tamana InTech Park (TIP) • Management and Development of Industrial Parks • Project Management Development • Investment Promotion: Marketing and promotion of T&T in the global marketplace We Are Trinidad and Tobago. . .We Are Next!

  4. T&T Today: Key Economic Indicators We Are Trinidad and Tobago. . .We Are Next!

  5. T&T: A Global Leader in Energy Global Leader in: Export of LNG to USA Export of Methanol Export of Ammonia We Are Trinidad and Tobago. . .We Are Next!

  6. Ten Sectors for Development • Downstream Energy • Information, Communication & Technology (ICT) • Food & Beverage • Printing and Packaging • Fish and Fish Processing • Merchant Marine • Leisure Marine • Film and Broadcasting • Music and Entertainment • Tourism For more details, visit www.investtnt.com We Are Trinidad and Tobago. . .We Are Next!

  7. T&T Competitive Advantages • Trade Agreements • Investment Incentives • Strategic Location: Easy access to the Americas • Relatively large market for trade • Infrastructure • Globally recognized support services • Track record of global investment excellence • Market access • Government support • Market forces We Are Trinidad and Tobago. . .We Are Next!

  8. Competitive Advantage: Trade Agreements CARICOM Single Market & Economy (CSME) • 15 member countries including T&T • Free movement of goods, services, people and capital throughout CARICOM without tariffs and restrictions • Ongoing discussions with MERCOSUR • CBI - Caribbean Basin Trade Partnership Act (CBTPA): - CARICOM Countries / USA • European Partnership Agreement - European Union / ACP Countries We Are Trinidad and Tobago. . .We Are Next!

  9. Competitive Advantage: Investment Incentives • Foreign Investment Act • 5 acres of land for purpose of trade and business • 30% cumulative shareholding in a public company • Fiscal Incentives Act – Approved Enterprise • Customs Act – Customs Duty Exemption • Tourism Development Act – Tax Holidays • Free Zones Act – Withholding tax exemptions We Are Trinidad and Tobago. . .We Are Next!

  10. Competitive Advantage:Location T&T: Gateway to the Caribbean, Latin America and Beyond We Are Trinidad and Tobago. . .We Are Next!

  11. Downstream Energy Downstream Metal Processing • Aluminium Extrusion Products • Automotive Parts • Light Metallurgy Products • Household Fittings • Containers/ Bottle Caps • Foil / Sheeting • Steel • Galvanized and Roofing Materials • Storage Tanks We Are Trinidad and Tobago. . .We Are Next!

  12. Downstream Energy Polypropylene Products • Carpeting • Ropes • Fibres • Plastic containers • Toys Polyethylene Products • Plastic Bags • Specialty Films • Containers We Are Trinidad and Tobago. . .We Are Next!

  13. ICT Knowledge-Based Businesses • Business Process Outsourcing • Medical Transcription Training and Production Software-Based Businesses • Software Development (Healthcare and Oil/Gas) • Software Related Services (Maintenance and Integration) Product Development • Medical / Optical Device Manufacture • Electronic Assembly We Are Trinidad and Tobago. . .We Are Next!

  14. Tamana Intech Park We Are Trinidad and Tobago. . .We Are Next!

  15. TIP Advantages • Full range of business-enabling services on site • Eco-Indusrial Park – LEED certified buildings, sustainable development • Cluster approach – networking, partnering, business development • Scalable, top-class ICT Infrastructure • State-of-the-art security systems • Presence of UTT campus on site – Quality R&D, top-class human resource capital, partnerships We Are Trinidad and Tobago. . .We Are Next!

  16. University of Trinidad & Tobago (UTT) We Are Trinidad and Tobago. . .We Are Next!

  17. Contact Information • The Atrium • Don Miguel Road Extension • El Socorro • Trinidad & Tobago • Tel: 1-868-675-1989 • Fax: 1-868-638-7742 • info@eteck.co.tt • http://www.investtnt.com • http://www.eteck.co.tt We Are Trinidad and Tobago. . .We Are Next!

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