RSSNowadays Caribbean means not just the sun, sand and sea plus music and partying… The land of humming birds has also the most advanced and diversified production structures and hence many investment opportunities as well…
Here is a review of the Petrochemical sector and the IT sector:
Petrochemical sector:
The advantages of investing in petrochemical sector in Trinidad comes from the fact that Trinidad is an established player in the petrochemical field and has a good track record of FDI in petrochemicals. As a major energy producer in the Caribbean, price effective power supplies are available here. Labor costs of skilled workers are also competitive. Sourcing materials in T& T facilitates producers to qualify under the rules of origin in many preferential trade agreements.
Information Technology sector:
A survey conducted by quality consultants in 1998 mentions that more than 150 organizations are functioning in this sector. IT firms are functioning in Telecom services, financial services, the public service, oil and energy based industries, manufacturing and others. The sector functions with a high degree of professionalism as a result of high quality graduate population. Skilled and experienced emigrant T&T people are available in USA, Canada and UK.
