Who's Who in Trinidad & Tobago 2024-2025

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Within these pages, you will discover expert analyses that delve into current market trends, emerging sectors, and the challenges that businesses face today

RICHARD LEWIS Chairman Prestige Business Publications Limited

Contributors

NAVIN BOODHAI Manager

UWI Engineering Institute and Member of the Board of Directors of Kenesjay Green Limited and D R Carbon Solutions Limited

EMERSON JOHN-CHARLES

Chair, National Mirror Committee of Innovation Management Trinidad and Tobago Bureau of Standards (TTBS)

NIGEL EDWARDS

WHO’S WHO IN TRINIDAD & TOBAGO BUSINESS 2024-2025: Insights for Tomorrow’s Success

As we proudly present the 2025 edition of “Who’s Who in Trinidad and Tobago Business 2024-2025”, we embrace a theme that is both timely and vital: “Insights and Outlook.” In an ever-evolving world marked by rapid changes in technology, economics, and societal needs, understanding the landscape of business in Trinidad and Tobago (T&T) has never been more critical. This year, we have curated a collection of articles, interviews, and features designed to provide readers with valuable insights from industry leaders, innovators, and changemakers at the forefront of their fields. Within these pages, you will discover expert analyses that delve into current market trends, emerging sectors, and the challenges that businesses face today. We aim to equip you with the knowledge and foresight necessary to navigate this dynamic environment successfully. In addition to insights, this edition also shines a spotlight on the myriad of opportunities that lie ahead. As T&T continues to evolve, we are excited to highlight the sectors

ripe for growth and the entrepreneurial spirit that drives our economy. Through compelling success stories, we aim to inspire and motivate our readers to seize opportunities that can lead to innovation, collaboration, and success. Our commitment to celebrating the achievements of local businesses remains steadfast. We recognise the resilience and creativity of Trinidadians and Tobagonians, and we are honoured to showcase the individuals and organisations that contribute to our vibrant business community. Together, we can foster an environment that supports and propels our economy forward. We invite you to dive into this edition with an open mind and a spirit of exploration. May the insights you gain inspire you to look toward the future with optimism and determination. Thank you for being a part of the “Who’s Who in Trinidad and Tobago Business 2024-2025.” We look forward to embarking on this journey with you as we uncover the insights and opportunities that await.

Executive Director Trinidad and Tobago Unit Trust Corporation (UTC)

DHANRAJ HARRYPERSAD

General Manager Operations Client Services exporTT Limited

DR. RAGHUNATH MAHABIR

Assistant Professor National Security and Intelligence Studies and Graduate Programme Coordinator University of the Southern Caribbean

NIRMAL MARAJ

Public Relations and Research Coordinator Employers’ Consultative Association (ECA)

EVA MITCHELL

CEO

Trinidad and Tobago Stock Exchange (TTSE)

HAYDEN NEWTON

General Manager

Airports Authority of Trinidad and Tobago

SEAN PATIENCE

Managing Director

Cargo Consolidators Agency Limited

GREER QUAN

CEO - Caribbean

Pan-American Life Insurance Group

DR. STEVE J. RAJPATTY

Managing Director

Atlantic Project Consultants Limited (APCL)

AVINASH RAMPERSAD

CEO

Lifestyle Motors Limited

RUDY RAMPERSAD

Vice President of Regional Initiatives

Ramps Logistics Limited

VYAS RAMPHALIE

General Manager

The National Insurance Property

Development Company Limited (NIPDEC)

ROGER ROACH

President

Trinidad and Tobago Manufacturers’ Association (TTMA)

HAYDEN ROMANO

Managing Director

Environmental Management Authority (EMA)

HANS-ERICH SCHULZ

CEO

Caribbean Industrial Research Institute (CARIRI)

SALLY SINGH

President

Association of Real Estate Agents (AREA)

KIERAN THOMPSON

Managing Director of Biomedical Enterprises of Trinidad and Tobago Limited (BMETT) and The University of the West Indies (UWI) Health Economics Unit (HEU)

BEVIL M. WOODING

Development Strategist / Executive Director

Caribbean Agency for Justice Solutions

2025 OUTLOOK Insights and Opportunities

During Fiscal 2023 Trinidad and Tobago’s economy demonstrated encouraging signs of strength and stability. This was supported by continued buoyancy in the non-energy sector and strategic initiatives implemented by the Government to generate growth and boost competitiveness. To substantiate this success, the International Monetary Fund (IMF), in its June 2024 Country Report for Trinidad and Tobago, also lauded the progress made by the country stating that: “for the first time in a decade, Trinidad and Tobago is experiencing a gradual and sustained economic recovery”. The IMF also forecasts in 2024 a Gross Domestic Product growth rate of 2.4%; subdued inflation of 0.3% as at January 2024; and an Unemployment rate of 3.2% in the third quarter of 2023. These optimistic remarks by the Fund are indicative of our economic progress and success in managing the economy. At the core of this resilience is the visionary initiatives implemented by the Government of the Republic of Trinidad and Tobago (GORTT), through the Ministry of Trade and Industry (MTI), to transform the economy. These initiatives are meticulously crafted to bolster the non-energy sector through various programmes designed to foster sustainable growth and mitigate economic volatility. As we look towards the future, numerous insights and opportunities are available for businesses and investors. One of the flagship initiatives being pursued by the MTI to expand the nonenergy sector is the establishment of the new Trade and Investment Promotion Agency which will be launched in July 2024. This progressive entity will be the nucleus for development of a diversified and sustainable economy through the internationalisation of Trinidad and Tobago and will position this country as a premier destination for trade, business and investment in the region. We are also redefining our investment ecosystem with the new Special Economic Zones (SEZ) regime to transition to a more modern, internationally competitive and attractive investment climate. This framework also ensures that the foundation of Trinidad and Tobago’s industrial development is built upon the principles of transparency, inclusivity and sustainability. A key pillar of this new paradigm is the establishment of the Special Economic Zones Authority (SEZA) to oversee the establishment of Operators, SEZ Enterprises and Single Zone Enterprises. The Ministry is also focused on expanding access to new export markets for our local businesses.

The Government continues to create a modern, efficient, digital and sustainable ecosystem to allow businesses to thrive.

SENATOR THE HONOURABLE

PAULA GOPEE-SCOON

Minister

Ministry of Trade and Industry

Republic of Trinidad and Tobago

To achieve this, the MTI is aggressively pursuing the negotiation of new trade agreements including the Trinidad and Tobago-Chile Partial Scope Trade Agreement, which will be completed in Fiscal 2024, and the Trinidad and TobagoCuraçao Partial Scope Trade Agreement, which will commence the First Round of Negotiations in July. In Fiscal 2024, eight (8) Trade Missions were also executed to targeted countries such as Antigua and Barbuda, the Bahamas, Barbados, Belize, Ghana, Grenada, Guyana and Las Vegas. Trinidad and Tobago was also represented at four (4) Trade Shows - China (China International Import Expo), Colombia (Alimentec), Cuba (Havana International Trade Fair) and Panama (Expocomer) respectively. Additionally, three (3) Commercial Officers in Panama, the United Kingdom and the United States of America respectively and two (2) Commercial Attachés in Guyana and Jamaica respectively were also established in October 2023 to provide local businesses with greater linkages and connectivity in selected export markets. These accomplishments are quite impressive and serves to amplify the Government’s focus in building a robust economy through sustainable growth and inclusive development. There are numerous insights and opportunities that can be seized by investors and businesses which is indicative of significant business and investor confidence in our economy. Trinidad and Tobago is open for business and I invite you to take advantage of the opportunities being created.

Ministry of Trade and Industry

Level 17, Nicholas Towers

63-65 Independence Square Port of Spain, Trinidad Tel: (868) 623-2931-4, 627-3300

Fax: (868) 627-3913

Email: mti-info@gov.tt

Website: tradeind.gov.tt

THE HONOURABLE FARLEY CHAVEZ AUGUSTINE

Chief Secretary

TOBAGO HOUSE OF ASSEMBLY (THA)

Hochoy Charles Administrative Complex

62-64 Calder Hall Road, Scarborough 900408, Tobago

Tel: (868) 639-3421 Ext. 1; Fax: (868) 639-5374

Email: chiefsecretary@tha.gov.tt

Website: tha.gov.tt

Despite the formidable challenges that confronted us, including our largest man-made disaster, Tobago continues pressing on towards greatness. We remain undaunted by testing circumstances, often adopting the mindset that they too are par for the course. In fact, we have embraced unforeseen challenges with the confidence that opportunities lie even within them. Therefore, no experience undergone is futile and will all be used in taking this little island to the next level. Our development approach moving forward will be guided by a Strategic Selectivity model. This institutional strategy inevitably strengthens the Tobago House of Assembly’s technical decision-making, allowing us to prioritise projects based on impact, scale, pace, and other key factors, while taking into account financial constraints. It provides a more realistic and adaptative framework that complements the fluidity of governance, which is expected to have a positive influence on our delivery output. Additionally, we will continue making significant strides on the digital transformation front in Fiscal 2025. We are already highly motivated by the progress of last May, with the launch of the e-Tender platform for the THA and its special purpose companies.

AMERICAN CHAMBER OF COMMERCE OF TRINIDAD AND TOBAGO (AMCHAM T&T)

Sanaa Building

6 Scott Street, St. Clair, Port of Spain, Trinidad Tel: (868) 622-4466; 295-4869

Email: inbox@amchamtt.com Website: amchamtt.com

STUART FRANCO President

There are many reasons why (T&T) remains a highly attractive destination for business. We are known for our rich natural resources in the Caribbean, with easy access to key markets in North and South America. Our low energy costs, robust port infrastructure, and highly skilled and talented work pool, set against a rich cultural background, continue to present more opportunities than challenges to starting up and doing business. These defining characteristics speak volumes about the T&T business landscape. And yet, there are so many more opportunities yet to be discovered to incentivise business and facilitate increased trading opportunities both regionally and internationally.Currently, T&T represents the ideal destination for becoming the major Tech Hub of the region.

NIRAD TEWARIE Chief Executive Officer

This year, we intend to advance the implementation of an Integrated Financial Management Information System (IFMIS) within that platform, intensify efforts to digitise THA’s social services, as well as health records, and also adopt an e-wallet system. These represent just a snippet of all that is yet to come, as we boldly lead the way in ushering in a digital revolution across Tobago. Additionally, we are determined to keep on promoting a supportive environment for local entrepreneurship. This has led the Administration to commission the establishment of a Tobago Development Fund, which will undoubtedly be a transformative initiative for the local business sector. Through this Fund, more commercial borrowers will be able to access financing solutions beyond the traditional options available. A variety of services is also being offered at the Strategic Business Support and Development Unit (SBSDU) and the EcoIndustrial Development Company of Tobago (E-IDCOT) for entrepreneurs to capitalise upon. As usual, it is impossible to share the majority of our development plans here. But, Tobagonians can eagerly look forward to a period of greater acceleration, alignment, and ultimately achievement in 2025!

This will allow local businesses to export tech services to international markets while developing a critical mass of local talent. The potential for growth in our tech sector is immense, and with strategic investments and a focus on ICT skills development and education, we can transform T&T into a leading player in the global digital economy. At AMCHAM T&T, we pride ourselves on being the pathway to the Americas. Simply put, we create opportunities for local businesses to expand outward, seek to attract more Foreign Direct Investment, and work to strengthen the rule of law so that our nation becomes an even more attractive place to do business. The future of business in Trinidad and Tobago is bright, and we are committed to unlocking these opportunities to ensure sustained growth and success for all while simultaneously improving the quality of lives of citizens and protecting our environment. That’s why we continue to advocate for sustainable business practices that will maintain competitiveness and positively impact social change. Therefore, issues such as supporting the energy diversification, introducing low-carbon products, advancing waste reduction campaigns to promote the green initiative, building the tech eco-system, and embracing ESG policies are the bedrock principles that shape every part of our business and advocacy. Through our expertise and access to our network of 25 AMCHAMs within this region, we welcome everyone to make AMCHAM T&T your preferred growth partner into T&T or from T&T to the hemisphere!

TRINIDAD AND TOBAGO CHAMBER OF INDUSTRY AND COMMERCE (T&T CHAMBER)

Columbus Circle, Westmoorings

P.O. Box 499, Port of Spain, Trinidad

Tel: (868) 637-6966; Fax: (868) 637-7425

Email: chamber@chamber.org.tt

Website: chamber.org.tt

Connecting the influencers and showcasing their role in our business landscape is accommodating the development of our business community. The Trinidad and Tobago Chamber of Industry and Commerce (T&T Chamber) congratulates and thanks the publishers of Who’s Who in Trinidad and Tobago. The T&T Chamber’s road map includes initiatives to Increase Economic Participation and introduce new opportunities towards a vision of shared prosperity; focus on Enhancing Social Infrastructure Provisions via ESG mandates; embracing Emerging Technology Opportunities; Enhancing the Adoption of Digital Technology; Increasing Innovation Diffusion; Increasing Levels of Entrepreneurialism; and developing hidden opportunities for economic advancement and inclusion. All of these point to the necessity to strongly support our MSME’s and untapped sectors via catalytic strategies. In addition, we represent our members nationally on over forty working groups, task forces, boards, national councils and eleven internal committees. Our daily activities include supporting our members and the wider business community by providing advocacy, capacity-building, trade missions, networking, position papers and more. Innovation,

CHAGUANAS CHAMBER OF INDUSTRY AND COMMERCE (CCIC)

17 Cumberbatch Street, Chaguanas, Trinidad Tel: (868) 671-2242, 272-2242

Email: ccic@ccictt.org Website: www.ccictt.org

As we look towards 2025, it is evident that gaining insights and anticipating future opportunities are crucial to success. Business is evolving, driven by technological advancements, shifts in consumer behaviour and global trends. To navigate this dynamic environment, we must remain competitive, expand our export initiatives and seize investment opportunities. The CCIC has always been at the forefront of promoting sustainable economic growth and fostering a vibrant business community. We are committed to supporting local enterprises and trade partnerships in an ever-changing market. The theme for this year’s edition of Who’s Who is particularly timely. It underscores the importance of forward-thinking strategies and proactive planning. By understanding emerging trends and potential disruptions, businesses can position themselves to capitalise on new markets

KIRAN MAHARAJ President

VASHTI G. GUYADEEN Chief Executive Officer

risk-taking, strategic planning and improving productivity are key elements for successful business models. The T&T Chamber looks forward to fulfilling our role with the Trinidad and Tobago Stock Exchange Small and Medium Listings via our cooperative agreement; facilitating discussions towards the establishment of venture capital initiatives; providing guidance to angel investors; supporting MSMEs who want to scale up; exploring opportunities for public and private sector partnerships; and leading conversations to accommodate joint ventures which foreign direct investment. We recognise that we are in a community where we must harness the potential of our youth and maintain ideals of diversity, equity and inclusion. Our internal committees subscribe the sustainable development goals as our commitment to the 2030 UN Agenda. As part of the global community, we face similar challenges but have shown stability and resilience and we continue to adapt and evolve. Our collaboration with local and international stakeholders is an on-going effort to maintain the profile of Trinidad and Tobago an attractive and viable destination for investors and those seeking to make strategic connections throughout the region. In September 2024, we were delighted to welcome a new Chief Executive Officer, Ms. Vashti Guyadeen. Vashti’s wealth of experience and proven track record will support the T&T Chamber’s objectives, activities and wide range of support services. We look forward to working with Vashti to build on the strength of our 145year journey of representation, committed to advocacy as we drive progress and innovation, ensuring the continued growth and success of our members and business community. Our beautiful twin-island republic has the potential for success in the non-oil and gas sector and the time is right to take risks and embrace the opportunities. Our Voice of Business is a collective voice with the strength of hundreds. We continue to speak up in the best interest of our members for the prosperity of our country.

BALDATH MAHARAJ President

and drive innovation. As businesses continue to adapt to the digital age, advanced technologies such as AI, Blockchain and the Internet of Things (IoT) will play a pivotal role in enhancing operational efficiency and creating value. Businesses that embrace these will be better positioned to improve customer experiences, optimise supply chains and develop data-driven decision-making processes. Sustainability and environmental stewardship are increasingly important in today’s business landscape. CCIC encourages its members to adopt sustainable practices that reduce carbon footprints and promote long-term environmental health. By doing so, businesses not only contribute to global sustainability efforts but also enhance their brand reputation and attract ecoconscious consumers. International trade and export growth continue to be significant drivers of economic prosperity. By fostering international partnerships, participating in trade fairs and providing training programs, we aim to open new avenues for members to access foreign markets and improve their comparative advantage. In conclusion, the CCIC is dedicated to guiding our members through the complexities of the modern environment. By leveraging insights, embracing innovation and committing to sustainable practices, we can collectively build a resilient and prosperous future for the business community. We are excited as our members and stakeholders join us in this journey of growth and transformation. Together, we can unlock the vast potential that lies ahead and ensure that our businesses thrive for the future.

DR. THACKWRAY DRIVER President and Chief Executive Officer

THE ENERGY CHAMBER OF TRINIDAD AND TOBAGO (THE ENERGY CHAMBER)

Suite B2.03, Atlantic Plaza

Atlantic Avenue, Point Lisas, Couva, Trinidad

Tel: (868) 6-ENERGY, 679-6623/1398

Email: execoffice@energy.tt; Website: energy.tt

The Energy Chamber is the leading private sector voice for the oil, gas, petrochemical, heavy industrial and renewables sectors in Trinidad and Tobago. Our member companies span the entire value chain from upstream producers of oil, gas and renewable electricity through to major downstream industrial consumers and petrochemical manufacturers and include the supply chain from small sub-contracting firms or individual professionals through to the major international service companies. Over the past year, we have continued to pursue initiatives which support the core business of our membership, and drive opportunities for the sustainable growth of the sector. We do this through our communications, events and engagement and collaboration with the Ministry of Energy and Energy Industries and other key stakeholder groups, as well as the work of our taskforces. We host the annual Trinidad & Tobago Energy Conference, the premier energy sector event in the country. We continue working with key organisations to drive the changes needed in the energy sector quickly and efficiently, in response to the urgent need for much swifter decision making at all levels. To achieve the objectives of the Energy Chamber, we have four key taskforces, which lead on issues that impact the business of our membership. The Sustainability of the Energy Services Task Force advocates for our membership on issues related to local content and the free movement of people, service

TRINIDAD AND TOBAGO COALITION OF SERVICES INDUSTRIES (TTCSI)

18 O’Connor Street, Woodbrook Port of Spain, Trinidad

Tel: (868) 622-9229

Email: marketing@ttcsi.org Website: ttcsi.org

JOSEPH President

Over the last two years, we have become hyper-aware of the value of resilience and the ability to respond to crisis events. We quickly learned that traditional models of work and business can sometimes hinder adaptability, and unless we embrace change, we risk being restricted in our ability to unlearn behaviours that no longer serve us. The shift towards remote and hybrid forms of work has been the most prominent example of this new reality. In this regard, the Employers’ Consultative Association of Trinidad and Tobago (ECA) has been at the forefront of urging organisations, and providing support, to pivot towards the development and implementation of resiliency

LEE

Chief Executive Officer (Ag.)

and equipment throughout the region. We also have a very vibrant Decarbonization Taskforce which leads on issues related to more energy efficient operations and the move to decarbonizing the value chain. As part of this major advocacy area, we successfully hosted the Caribbean Sustainable Energy Conference which continued the thrust to speeding up decision making and understanding the role of collaboration among industry players, in order to bring about the changes needed in this area. Another significant objective of the Energy Chamber is the creation of an environment that encourages continued investment in the sector. In pursuit of this, we have a very active Upstream Investment Task Force, which lobbies on the reform of the Petroleum Taxes Act, the Petroleum Act and other relevant pieces of legislation that guide the Trinidad and Tobago oil, gas and petrochemical sector fiscal regime balances risks and rewards. Coming out of a session at our flagship T&T Energy Conference held in January this year was the Streamlining and Continuous Improvement Taskforce, comprising the younger professionals within the sector. The objective of this taskforce is to identify and trial ways to reduce the time between bid round opening and first gas in Trinidad and Tobago. The Energy Chamber will continue to actively advocate for measures and changes required to ensure the sustainability of the energy sector for the benefit of its members, the nation and the wider Caribbean region.

strategies with supporting systems and policies. Moreover, we understand that at the national level, there needs to be continuous dialogue on how to effectively build back better and stronger. At the core of these issues is the question of human capital. Developing economies like ours cannot underestimate the necessity of nurturing our human resources within the region. Equally important in this conversation is recognising and accepting that the skills of the future will be different and therefore, our education and training systems and goals must be so aligned. We need to inculcate values, at all levels, which encourage lifelong learning, and where necessary, reskilling. This is not always an easy road but encouraging an intrinsic need for continuous development within individuals will contribute to building a resilient workforce and society, with longterm, socio-economic benefits. Now more than ever, we need responsible leadership to acknowledge and address the challenges we all face today and prepare us to thrive in the face of new adversities. The good news is that we already have a medium, through social dialogue, to frontally address these issues and encourage collective action among all stakeholders. Business groups and the private sector also have an important role to play in this regard.

JEROME DOOKIE Chairman

DIANNE

DAREN

SING

ROGER ROACH President

DR. MAHINDRA RAMESH RAMDEEN Chief Executive Officer

TRINIDAD

AND TOBAGO MANUFACTURERS’ ASSOCIATION (TTMA)

TTMA Building, 42 Tenth Avenue, Barataria, Trinidad

P.O. Box 971, Port of Spain, Trinidad

Tel: (868) 675-TTMA (8862) | Fax: (868) 675-9000

Email: info@ttma.com | Website: ttma.com

The manufacturing sector in Trinidad and Tobago stands as a cornerstone of our economy, driving growth, providing employment, and enhancing the economy’s global competitiveness. At the Trinidad and Tobago Manufacturers’ Association (TTMA), we recognise the critical role the non-energy manufacturing sector plays in our economic landscape and are committed to supporting its continuous development. The nonenergy manufacturing economy has demonstrated remarkable resilience and strength, even in the face of global economic challenges. Over the last four years, from 2020 to 2023, exports from the sector increased by approximately TT$1.9 billion. Considering that this period was challenging for businesses this growth underscores the sector’s strength and resilience. In 2023, according to data by the Central Statistical Office, it is estimated that non-energy manufacturing exports were approximately TT$12.8 billion which is 25% of total exports. This progress is a testament to the dedication and innovation of our manufacturers, who continually strive to meet and exceed international standards.It is noteworthy to mention that the TTMA has embarked on an ambitious export manufacturing strategy, aiming to double the value of non-energy local exports by 2025 from a base figure of TT$3.5 Billion in 2019. This strategy is not just a vision, it is a well-structured plan that is already showing promising results. We have seen a consistent increase in export values, indicating that we are well on our way to achieving this target. The Association’s strategy focuses on, inter alia, building capacity of the manufacturers and exporters in Trinidad and Tobago, growing the SME sector, expanding market access for all producers and exporters, enhancing product quality, and fostering a culture of continuous improvement

TOBAGO DIVISION OF THE TRINIDAD AND TOBAGO CHAMBER OF INDUSTRY AND COMMERCE (T&T CHAMBER)

2nd Floor, ANSA McAL Building, Milford Road

PO Box 47, Scarborough, Tobago

Tel: (868) 639-2669; Fax: (868) 639-3014

Email: tobagochamber@chamber.org.tt

Website: chamber.org.tt

and innovation among local manufacturers. One of the key elements of our strategy is to provide comprehensive support to manufacturers who are seeking to expand their export activities. This includes facilitating trade missions, inward missions (bringing buyers to the sellers) offering and providing access to critical market intelligence, training and upgrading production techniques, enhancement of labour quality offerings, facilitating accreditation for packaging and manufacturing, allowing for ease of market entry, among other initiatives. By doing so, we equip our manufacturers with the tools and knowledge needed to thrive in competitive international markets. The manufacturing sector’s growth contributes significantly to economic diversification, reducing our dependency on the energy sector. This diversification is crucial for sustainable economic development and for building a resilient economy capable of withstanding global market fluctuations. As we continue to build on this momentum, the TTMA remains dedicated to advocating for policies and initiatives that foster a conducive and an enabling environment for manufacturing. We believe that through collaboration with government, private sector stakeholders, and international partners, we can achieve our goals and ensure the long-term prosperity of the Trinidad and Tobago’s non-energy manufacturing sector. In conclusion, the manufacturing sector is not just surviving but thriving. With our export strategy firmly in place, we are poised to achieve significant milestones by 2025, reinforcing Trinidad and Tobago’s position as a leader in the manufacturing industry, not just within the region, but among all countries in the hemisphere as well.

Celebrating 88 years of dedicated service to Tobago’s business community, the Tobago Division of the Trinidad & Tobago Chamber of Industry & Commerce stands proud. Under the stewardship of Chairman Mr. Curtis Williams, the Chamber has achieved remarkable growth in membership and launched the Tobago Business Advisory Services (TBAS), alongside establishing its own dynamic website. Guided by invaluable feedback from active participation in steering committees, notably with the Tobago House of Assembly and specialised Chamber sub-committees, the Chamber continues to yield significant dividends. Its proactive approach in delivering solutions garners increasing collaboration from external entities, enhancing effectiveness. As we commemorate this milestone, the Tobago Division reaffirms its steadfast commitment to nurturing a vibrant business environment and empowering its members’ growth and development.

CURTIS WILLIAMS Chairman

EMPLOYERS’ CONSULTATIVE ASSOCIATION OF TRINIDAD AND TOBAGO (ECA)

17 Samaroo Road, Aranguez Roundabout North Aranguez, Trinidad

Tel: (868) 675-5873, 638-6463

Fax: (868) 675-6026

Email: communications@ecatt.org Website: ecatt.org

KESTON NANCOO President

Paradigms are shifting at an unprecedented level, fundamentally altering the way we work, interact and share. Remote work has become a cornerstone of modern environments, with 71% of organisations in Trinidad and Tobago having adopted some form of remote work, post-pandemic. With over two-thirds of current roles not existing twenty years ago, this shift reflects the reality that we must embrace — the nature of jobs and required skills are also evolving. However, at the heart of this transformation remains a powerful force — the value of human potential. Despite rapid technological advancements and adaptation, it is the human element — our capacity for creativity and innovation — that will ultimately drive progress. In this regard, predictions for the workplace envision a future where human skills are paramount. Technology, while revolutionary, cannot replicate many unique human abilities. As businesses increasingly adopt AI

RONALD RAMLOGAN Chief Executive Officer

and digital technologies, it is the interplay between human intelligence and technological tools that will ultimately have the biggest impact. Within the next five years, there will be a massive demand for human skills in cognitive and social adaptability. In this regard, our learning systems also need to shift from information retention to problem-solving and adaptability if we are to remain globally relevant. The future demands a workforce that is adaptable and continuously learning, with strong socio-digital skills. Companies, in turn, are quickly realising the importance of upskilling their human capital. This balanced approach will ensure that technology elevates human potential rather than replaces it. The critical task now before us is moving from experimentation to business transformation. Organisations that leverage AI for growth, cost management, and delivering value will lead the way. Many leaders, and rightfully so, are concerned about their organisation’s readiness for this change, underscoring the need for clear strategies and strong, transformational leadership driven by collaboration and an exchange of innovative ideas to embrace this change effectively. Inevitably, our success lies in our people and our ability to inspire their growth. By unleashing human potential and embracing a humancentric future, we can create dynamic, resilient, and innovative workplaces within Trinidad and Tobago, ready to meet tomorrow’s challenges, and ready to excel on the global landscape. Together, we can build a future where human ingenuity thrives alongside technological advancements, ultimately shaping a world where the future is bountiful for all of humanity.

THE INSTITUTE OF CHARTERED ACCOUNTANTS OF TRINIDAD AND TOBAGO (ICATT)

2nd Floor, Professional Centre Building 11-13 Fitzblackman Drive Wrightson Road Extension Port of Spain, Trinidad Tel: (868) 623-8000

Email: service@icatt.org Website: icatt.org

In the ever-evolving landscape of the global economy, ICATT stands at the forefront, championing the accountancy profession through insights and opportunities. Our commitment to excellence and forward-thinking strategies are more critical than ever, as we navigate a world shaped by rapid technological advancements, ecological sustainability challenges, and evolving energy consumption patterns. As the regulator and representative of the accountancy profession

MARISSA QUASHIE President

MARSHA CABALLERO Chief Executive Officer

in Trinidad and Tobago, ICATT’s role extends beyond setting standards. We are dedicated to providing continuous professional education and development, ensuring that our members are always at the cutting edge of the profession. This commitment to lifelong learning is crucial in a field characterised by constant regulatory changes and technological advancements, such as the integration of Artificial Intelligence (AI) and data analytics. ICATT is poised to continue leading the profession and leveraging the numerous opportunities that lie ahead. We recognise that the future of accounting will be defined by our ability to anticipate and adapt to change. This visionary approach will drive greater impact for our members, stakeholders, and the public interest. By embracing the opportunities that come with transformation, ICATT is shaping a profession that not only thrives but also significantly contributes to the economic and social fabric of our nation. Together, we will navigate this dynamic landscape, ensuring that the accountancy profession remains resilient, innovative, and impactful. ICATT is proud to lead this journey, fostering an environment where staying ahead is not just an objective but a deeply ingrained mindset within our professional DNA.

AMRIKA TEELUCKSINGH Chief Executive Officer

SUNITA PERSAD

Vice President

THE SUPERMARKET ASSOCIATION OF TRINIDAD AND TOBAGO (SATT)

Unit 235, Centre Pointe Mall

3-25 Ramsaran Street, Chaguanas, Trinidad Tel: (868) 333-8699

Email: satt.ceo.office@gmail.com

FB: www.facebook.com/supermarketassociationTT

Associations

Christian Rampersad President

Arima Business Association

Marcia Samaroosingh Vice President

Sudesh Ramkissoon

2nd Vice President

c/o Zam Industries

63 Eastern Main Road

D’Abadie, Trinidad

Tel: (868) 331-6404; 685-0441

Email: arimabusinessassociation @yahoo.com

FB: www.facebook.com/ ArimaBusinessAssociation

Sally Singh President Association of Real Estate Agents (AREA)

Devon Fergusson Vice President

Suite A4 Kencita Court

76 Picton Street, Newtown

Port of Spain, Trinidad

Tel: (868) 628-9048

Fax: (868) 628-9049

Email: area.tt.assoc@gmail.com Website: www.areatt.com

As we navigate through an ever-changing retail landscape, I wanted to take a moment to share some insights on the current state of our industry and our vision for the future. The supermarket sector in Trinidad and Tobago is at a pivotal juncture, facing both challenges and opportunities that will shape our future. In recent months, we’ve observed a significant shift in consumer behaviour. As households tighten their belts in response to economic pressures, there’s a growing demand for value-oriented shopping options. This trend requires us to rethink our strategies and adapt our offerings to meet evolving customer needs. The past few years have been a testament to our industry’s resilience. While the global health crisis disrupted supply chains and forced us to reimagine our operations, it also sparked innovation. We’ve seen remarkable progress in streamlining our logistics and diversifying our product ranges to ensure consistent availability of essential items. Our industry’s adaptability has been crucial in navigating these unprecedented times. Technology is revolutionising the retail landscape. The surge in online shopping and digital payments reflects changing consumer preferences for convenience and safety. This digital shift presents exciting opportunities for us to enhance our services, optimise our operations, and connect with customers in new ways. We’re navigating these changes against a backdrop of broader economic challenges, including fluctuating currency rates and increasing operational costs. However, I believe these hurdles also present opportunities for growth and improvement. Our priorities include promoting sustainable practices, encouraging local investments, and strengthening our nation’s food independence. By embracing these priorities, we can build a more resilient, innovative, and customer-centric supermarket sector that contributes significantly to Trinidad and Tobago’s economic development.

Simone Francois-Whittier President Association of Female Executives of Trinidad and Tobago (AFETT)

Simone Tomwing Director of Communications P.O. Box 1919

Port of Spain, Trinidad Tel: (868) 779-1632

Email: comms@theafett.org; president@theafett.org Website: www.theafett.org

Kala Trebouhansingh President Association of Professional Engineers of Trinidad and Tobago (APETT)

The Professional Centre Building 1st Floor, Unit A203 11-13 Fitz Blackman Drive South Tel: (868) 627-6697

Email: office@apett.org Website: www.apett.org

Dean Romany President Association of Trinidad and Tobago Insurance Companies (ATTIC)

ATTIC Head Office and Training Centre

46-50 Picton Street, Newtown Port of Spain, Trinidad P.O. Box 208, Port of Spain, Trinidad Tel: (868) 628-5457 / 2969 / 1663

Email: mail@attic.org.tt Website: www.attic.org.tt

Ryan Latchu President Automotive Dealers Association of Trinidad and Tobago

Reyaz Ahamad Vice President

124-136 Seventh Street

Barataria, Trinidad Tel: (868) 674-8885

Email: ryan.latchu @toyota-trinidad.com

Associations continued

Gayle Pazos President Bankers Association of Trinidad and Tobago (BATT)

Kelly Bute-Seaton Executive Director

Level 1, Invader’s Bay Tower

Invaders Bay

Off Audrey Jeffers Highway Port of Spain, Trinidad

Tel: (868) 235-6291

Email: secretariat@batt.org.tt Website: www.batt.org.tt

Keston Nancoo Chairman Employers’ Consultative Association of Trinidad and Tobago (ECA)

Ronald Ramlogan

Chief Executive Officer

17 Samaroo Road

Aranguez Roundabout North Aranguez, Trinidad

Tel: (868) 675-5873; 638-6463

Email: communications@ecatt.org Website: www.ecatt.org

Kirt Hills President Fintech Association of Trinidad and Tobago (FINTECHTT)

Charielle Plowden

Corporate Secretary

One FinTech Avenue, Tower D International Waterfront #1 Wrightson Road

Port of Spain, Trinidad

Tel: (868) 275-6174

Email: admin@fintechtt.com; info@fintechtt.com

Loraine Guevara President

Institute of Banking and Finance of Trinidad and Tobago (IBF)

Marsha R. John Chief Executive Officer

Level 1 Invader’s Bay Tower

Invaders Bay

Off Audrey Jeffers Highway

Port of Spain, Trinidad

Tel: (868) 235-6291

Email: marketing@ibf.org.tt

Website: www.ibf.org.tt

Abrahim Ali President San Juan Business Association

Dr. Michelle Baptiste Vice President 6 Saddle Road

San Juan, Trinidad

Tel: (868) 779-6697; 755-6797

Email: sanjuanbusiness@gmail.com

Tiffany Pemberton Marquez President

Securities Dealers Association of Trinidad and Tobago (SDATT)

Dalia King

Vice President 18 Scott Bushe Street

Port of Spain, Trinidad Tel: (868) 491-1146

Email: info@sdattonline.org Website: www.sdattonline.org

Dr. Marisa Nimrod, M.D., MPH (Global Health) - Chief Executive Officer / President

The Caribbean Association for Oncology and Hematology (CAOH)

122 Edward Street

Port of Spain, Trinidad

Tel: (868) 701-9684

Email: caohcaribbean@gmail.com

Website: www.caohcaribbean.org

Cavelle Joseph-St. Omer SHRM SCP, MBA, B.Sc. President The Human Resource Management Association of Trinidad & Tobago (HRMATT)

Kimberly Chan-Boodram Vice President

P.O. Box 22, Port of Spain, Trinidad Tel: (868) 687-5523

Email: secretariat@hrmatt.com FB: www.facebook.com/HRMATT

Marissa Quashie, CA, FCCA, MBA President

The Institute of Chartered Accountants of Trinidad and Tobago (ICATT)

Marsha Caballero

Chief Executive Officer 2nd Floor, Professional Centre Building 11-13 Fitzblackman Drive Wrightson Road Extension Port of Spain, Trinidad Tel: (868) 623-8000

Email: service@icatt.org Website: www.icatt.org

Sonja Voisin President

The Shipping Association of Trinidad and Tobago (SATT)

Shelly Balkissoon Vice President

15 Scott Bushe Street

Port of Spain, Trinidad

Tel: (868) 623-3355

Email: sattops@shipping.co.tt; president@shipping.co.tt

Website: www.shipping.co.tt

Christopher Lewis Chief Executive Officer

The Trinidad Building & Loan Association (TBLA) Bliss Seepersad

President 89 Queen Janelle Commissiong Street

Port of Spain, Trinidad Tel: (868) 623-1501-4

Email: marketing@tblamortgages.com Website: www.tblamortgages.com

Larry Tai Chew President

Trinidad and Tobago Association of Insurance and Financial Advisers (TTAIFA)

Dominic Romain

Vice President

129-131 Edward Street

Port of Spain, Trinidad

Tel: (868) 624-2940 / 2608

Email: info@ttaifa.com Website: www.ttaifa.com

Dianne Joseph President

Trinidad and Tobago Coalition of Services Industries (TTCSI)

Daren Lee Sing

Chief Executive Officer

18 O’Connor Street, Woodbrook Port of Spain, Trinidad

Tel: (868) 622-9229

Email: marketing@ttcsi.org Website: www.ttcsi.org

Glenn Mahabirsingh President

Trinidad and Tobago Contractors Association (TTCA)

Rodney Cowan Vice President

The Professional Centre Building 1st Floor, Unit B 203 11-13 Fitzblackman Drive South Wrightson Road Extension Port of Spain, Trinidad Tel: (868) 627-1266 / 8020 Email: service@ttca.com Website: www.ttca.com

Corene Procope President

Trinidad and Tobago Group of Professional Associations Ltd. (TTGPA)

Oneika Bushell

Administrative Manager

The Professional Centre Building 11-13 Fitzblackman Drive South Woodbrook Port of Spain, Trinidad Tel: (868) 627-1539

Email: secretariat@ttgpa.org

Website: www.ttgpa.org

Lorraine Pouchet President Trinidad and Tobago Incoming Tour Operators Association (T&TITOA)

Tel: (868) 633-4733; 753-2775

Email: ttitoatnt@gmail.com

Website: www.touroperatorstt.com

Renate Allum President

Trinidad and Tobago Institute of Architects (TTIA)

Rm 305B, The Professional Centre Building, North Block 11–13 Fitzblackman Drive, Woodbrook Port of Spain, Trinidad Tel: (868) 624-8842

Email: administration@ttiaarchitects.org

Website: www.architecture.tt

Roger Roach President Trinidad and Tobago Manufacturers’ Association (TTMA)

Dr. Mahindra Ramesh Ramdeen Chief Executive Officer TTMA Building, 42 Tenth Avenue

Barataria, Trinidad P.O. Box 971, Port of Spain

Trinidad

Tel: (868) 675-TTMA (8862)

Fax: (868) 675-9000

Email: info@ttma.com Website: www.ttma.com

Dr. Simone Mc Fee President

Trinidad and Tobago Medical Association (T&TMA)

1 Sixth Avenue Xavier Street Extension Orchard Gardens

Chaguanas, Trinidad Tel: (868) 671-7378 / 5160

Email: medassoc@tntmedical.com; president@tntmedical.com

Website: www.tntmedical.com

Alpha Lorde President Tobago Hotel and Tourism Association (THTA)

Apt 1 Lambeau Credit Union Bldg. Auchenskeoch Road Carnbee, Tobago P.O. Box 295 Scarborough, Tobago

Tel/Fax: (868) 639-9543

Email: tobagohoteltourismassoc @gmail.com

facebook.com/ Chaguanaschamber/ linkedin.com/company/ chaguanas-chamber-ofindustry-and-commerce/

Chambers of Commerce

American Chamber of Commerce of Trinidad and Tobago (AMCHAM T&T)

Stuart Franco – President

Nirad Tewarie – Chief Executive Officer

Sanaa Building

6 Scott Street, St. Clair Port of Spain, Trinidad, W.I.

Tel: (868) 622-4466; 295-4869

Email: inbox@amchamtt.com Website: www.amchamtt.com

Chaguanas Chamber of Industry & Commerce (CCIC)

Baldath Maharaj – President 17 Cumberbatch Street Chaguanas, Trinidad Tel: (868) 671-2242, 272-2242

Email: ccic@ccictt.org Website: www.ccictt.org

Couva/Point Lisas Chamber of Commerce

Deoraj Mahase – President

12 Camden Road, Couva, Trinidad Tel/Fax: (868) 636-5017, 609-5017

Email: couva.chamber@gmail.com FB: www.facebook.com/couvachamber

European Business Chamber in Trinidad and Tobago (EUROCHAMTT)

18 O’Connor Street, Woodbrook Port of Spain, Trinidad Tel: (868) 728-0009

Email: info@eurochamtt.org Website: www.eurochamtt.org

The Energy Chamber of Trinidad & Tobago (The Energy Chamber)

Dr. Thackwray Driver

President and Chief Executive Officer

Jerome Dookie – Chairman Suite B2.03, Atlantic Plaza Atlantic Avenue, Point Lisas Couva, Trinidad

Tel: (868) 6-ENERGY, 679-6623 / 1398

Email: execoffice@energy.tt Website: www.energy.tt

Greater San Fernando Area Chamber of Commerce

Kiran Singh - President RRM Plaza 51-53 High Street, San Fernando, Trinidad Tel: (868) 652-7960

Email: kiransingh@gsfcc.business FB: www.facebook.com/ greatersanfernandochamberofcommerce/

The Greater Tunapuna Chamber of Industry and Commerce

Ramon Gregorio – President 10 Eastern Main Road, Tunapuna, Trinidad

Tel: (868) 322-4482

Email: gtchamberinfo@gmail.com Website: www.tunapunachamber.org

Tobago Division of the Trinidad and Tobago Chamber of Industry and Commerce (T&T Chamber)

Curtis Willliams – Chairman

2nd Floor ANSA McAL Building, Milford Road

P.O. Box 47, Scarborough, Tobago

Tel: (868) 639-2669

Fax: (868) 639-3014

Email: tobagochamber@chamber.org.tt

Website: www.chamber.org.tt

Sangre Grande Chamber of Commerce

Wayne Chaman Huggins – President

The Secretariat PO Box 4500

Sangre Grande, Trinidad Tel: (868) 275-7274

Email: sgchambertt@gmail.com

FB: www.facebook.com/SGChamberTT

Trinidad and Tobago Chamber of Industry and Commerce (T&T Chamber)

Kiran Maharaj – President

Vashti G. Guyadeen – Chief Executive Officer

Columbus Circle, Westmoorings

P.O. Box 499, Port of Spain, Trinidad

Tel: (868) 637-6966

Fax: (868) 637-7425

Email: chamber@chamber.org.tt

Website: www.chamber.org.tt

EUROCHAMTT Driving EU-Caribbean Trade and Sustainability

A member of the

In 2023, the EU was CARIFORUM’s second-largest trading partner after the United States (US), underscoring the critical role EUROCHAMTT plays in strengthening these vital economic ties and driving growth across the region.

EUROCHAMTT has been a pivotal force in nurturing vibrant trade and investment relationships between the European Union (EU) and Trinidad and Tobago (T&T). As a membershipdriven, non-profit organisation, it champions EU investors and businesses, facilitating market access and forging high-value, long-term, sustainable trade and investment partnerships in T&T and the wider Caribbean. In 2023, the EU was CARIFORUM’s second-largest trading partner after the United States (US), underscoring the critical role EUROCHAMTT plays in strengthening these vital economic ties and driving growth across the region.

Navigating EU-T&T Trade Dynamics

project participation. The Chamber also manages internationally funded projects targeting private sector innovation and improvements. Through its membership in the EBO Worldwide Network, it provides access to a network in over 50 countries, as well as toolkits and training resources.

Scaling Success Through Strategic Partnerships

18 O’Connor Street, Woodbrook

Port of Spain, Trinidad

Tel: (868) 728-0009

Email: info@eurochamtt.org

Website: www.eurochamtt.org

By Bavina Sookdeo

In supporting business and trade relations between T&T and European countries, EUROCHAMTT maintains ties with the Delegation of the European Union to T&T, as well as diplomatic missions and honorary consuls of EU countries in T&T. The Chamber is also an active member of the European Business Organisation (EBO) Worldwide Network. Through the analysis of frameworks such as the EU-CARIFORUM Economic Partnership Agreement (EPA) and the Global Gateway initiative and by keeping up to date on important EU legislation, especially related to the European Green Deal Policy, EUROCHAMTT ensures its members and private sector is well-informed of the requirements for doing business with Europe. The organisation lobbies for the implementation of international agreements impacting EU operators, including those on transparency and information exchange for tax purposes and illegal, unreported, and unregulated fishing. Additionally, the Chamber highlights new EU policies such as the Carbon Border Adjustment Mechanism, which will impact fertiliser exports, anti-deforestation regulations, which could impact the cocoa industry, and the latest ecodesign regulations for sustainable products. EUROCHAMTT strongly advocates for international quality standards and sustainable business practices of international bodies such as the United Nations (UN), the Organisation for Economic Co-operation and Development (OECD), and the World Trade Organization (WTO), especially those required for engaging in business with the EU. EUROCHAMTT offers advocacy opportunities through the development of position papers, policy dialogue workshops, and invitations to comment on policy formulation. Its trade services include market research, organising inward and outward missions, B2B matchmaking, and facilitating

Partnership has always been an essential part of EUROCHAMTT’s strategy for scaling and impact. Since 2022, the organisation has partnered with the UN T&T Office on the “Sustainability Champion Awards”. In 2024, the partners were joined by The UWI Department of Geography to promote sustainability in business operations. Since November 2021, EUROCHAMTT has collaborated with CARIRI and Beta Technology Limited on the “Shaping the Future of Innovation” project, supporting business innovation. From 2014 to 2017, the Chamber worked with the Ministry of Trade and Industry on the “Tobago Good Foods Project”, promoting sustainably produced foods for tourism and export markets. In 2014 and 2016, the Chamber partnered with the National Trust of Trinidad and Tobago and the then Mayor of Port of Spain on workshops to revitalise the capital city and green urban transport, aligning with the UN’s Sustainable Development Goals (SDG)— Goal 11: Sustainable Cities and Communities. Ongoing collaborations with the EU-funded COLEAD provide technical support and training to produce local agricultural and agro-processed products. The Chamber consistently promotes EU-funded Caribbean Export Development Agency programmes, having collaborated with the organisation multiple times at the Trade and Investment Convention (TIC), the largest tradeshow in T&T. Looking ahead, EUROCHAMTT plans to map the presence and impact of EU investments in T&T, highlighting their contribution to employment, technology, and sustainability. It also aims to expand its “Sustainability Champion Awards” through partnerships. The goal is to build on the sustainability training, self-assessments, and awards from the past two years by enhancing training, providing technical support, and facilitating networking opportunities. This will enable more businesses to drive innovation and integrate sustainability into their operations. With its strategic alliances, cutting-edge advocacy, and commitment to sustainable development, EUROCHAMTT is revolutionising the business landscape, ensuring that its members are always ahead of the curve in navigating the complexities of international trade.

The Institute of Chartered Accountants of Trinidad and Tobago (ICATT) remains a central force in shaping the future of accounting. As the regulatory body responsible for maintaining the standards of accounting and auditing practices, ICATT plays a critical role in ensuring the profession’s integrity and evolution in Trinidad and Tobago. With advancements in technology and shifts in the regulatory landscape, understanding ICATT’s impact is crucial for every accounting professional.

ICATT is committed to elevating financial management, reporting, and governance standards through targeted developmental, ethical, and quality assurance educational programs. The institute enriches its members, including students and graduates, by providing innovative and engaging resources, and actively lobbying for the profession’s interests. Governed by principles of integrity, transparency, and accountability, ICATT is a forward-focused organization, strategically positioned to support financial sustainability and make a resonant impact on the accountancy profession.

Preparing for the Future

In an era of rapid technological advancements and regulatory changes, the accounting and finance industry faces transformative shifts. ICATT’s pivotal role extends beyond maintaining standards—it actively shapes the profession’s future through robust advocacy and strategic foresight. This leadership ensures that accounting professionals are equipped to navigate and influence these changes, bolstering their competitive edge and resilience. As a committed advocate for the profession, ICATT’s initiatives in regulatory foresight and adaptation are essential. These efforts empower professionals not only to comply with current regulations but also to anticipate and influence forthcoming changes. This proactive stance fosters agility, ensuring that professionals remain adaptable and responsive in a continually evolving landscape. ICATT recognizes several key areas as critical for future readiness, including ethical decision-making in an era of automation, the impact of global financial regulations, and the integration of sustainable practices within financial reporting. Addressing these issues head-on, ICATT ensures that its members are well-prepared to meet the challenges and opportunities these developments pose. To maintain its status as the voice of the accountancy profession in Trinidad and Tobago, ICATT continues to lead with a blend of advocacy, education, and innovation. By providing up-to-date training, hosting

Marsha Caballero Chief Executive Officer

THE ROLE OF ICATT in the Future of the Accounting Profession

forums for discussion and policy influence, and ensuring that the ethical standards evolve alongside technological and regulatory changes, ICATT remains at the forefront. This approach not only strengthens the profession’s standards but also ensures that ICATT’s members can lead and influence the broader business and regulatory landscapes.

Advancing Accounting Trends

Navigating the evolving regulatory landscape can be daunting for the industry. ICATT plays a critical role by lobbying for regulations that consider the unique needs of these entities. Through seminars, workshops, and direct consultations, ICATT ensures that professionals are well-informed and compliant, enabling them to stay ahead of regulatory changes. Furthermore, ICATT’s proactive stance includes facilitating the transition towards advanced accounting practices, such as the adoption of real-time financial reporting and International Financial Reporting Standards (IFRS). In addition to these efforts, ICATT is deeply committed to integrating cutting-edge technologies like Artificial Intelligence (AI) into the accounting profession. By advocating for and supporting the practical application of AI, ICATT furthers the analytical capabilities of accountants, enabling more precise forecasting, risk assessment, and decisionmaking processes. This commitment is part of a broader strategy to equip members with the tools necessary to navigate and capitalize on emerging trends and technologies effectively. ICATT’s focus also includes

adoption to international sustainability standards, specifically standards S1 and S2, which set a global baseline for sustainability disclosures. This not only emphasizes the role of accountants in driving the sustainability agenda but also aligns with global best practices.

ICATT’s Commitment Through CPD

ICATT’s dedication to Continuous Professional Development (CPD) is demonstrated through the numerous learning and development sessions, which focus on global trends relevant for business, industry and the profession. These sessions ensure that finance and accounting professionals (ICATT members and non-members) remain knowledgeable and competitive in a global context. By supporting professional growth and adaptation to industry shifts, ICATT contributes significantly to the overall advancement of the business and financial sector in Trinidad and Tobago. In this dynamic environment, ICATT’s leadership is indispensable for professionals aiming to navigate the complexities of the modern financial world with confidence and competence, ensuring that the accountancy profession remains robust, relevant, and forward-looking.

ICATT

The Institute of Chartered Accountants of Trinidad and Tobago

Tel: 1 (868) 623-8000

Email: service@icatt.org

Website: www.icatt.org

Established by Clive Pantin, a former Minister of Education and Principal of Fatima College, the Foundation for the Enhancement and Enrichment of Life (FEEL) is an umbrella civil society organisation whose contributions to the betterment of Trinidad and Tobago (T&T) have left an indelible mark on our nation since its inception in 1992. Although the organisation has continued to grow and develop throughout the years, the charitable work done by FEEL still holds true to the four founding pillars of its initial mission: to alleviate poverty, support disaster prevention and response, provide medical support where needed, and foster the development of education within the non-profit sector.

Three Decades of Impact

FEEL’s charitable network consists of a variety of non-profit organisations (NPOs), including schools, religious and community-based organisations, homes for the elderly, homes for children, and institutions caring for the homeless, the socially displaced, and the differently abled. FEEL currently has over 115 member NPOs, all working together to support the most vulnerable in our society and provide relief to those affected by disasters. By collaborating closely with its network, FEEL ensures that these civil society organisations receive the vital supplies they need to carry out their operations. One of FEEL’s main relief initiatives aims to assist both those who have been affected by natural disasters and households who have experienced what are known as ‘silent emergencies’ such as fire, flooding, or abuse. In addition, FEEL organises monthly collections and distributions of food, clothing, shoes, hygiene products, medical supplies, household items, school materials, and disaster relief essentials. The organisation also supports 54 schools across T&T through its school support programme, which provides registered schools with donations such as stationery, cleaning supplies, and a limited quantity of school furniture and administrative equipment. Over its 32 years of service, FEEL has supported countless individuals and communities affected by natural disasters and unexpected losses, both in T&T and beyond. Their charitable efforts extend beyond Trinidad and Tobago, providing vital assistance to neighbouring islands like Dominica, Grenada and St. Vincent and the Grenadines in the wake of earthquakes, volcanic eruptions, and hurricanes.

By Paul Hadden

FEEL: A LIFELINE for Vulnerable Communities in T&T and Beyond

The Crucial Role of Donor Support

FEEL’s work is made possible through the generosity of its donors, both local and international. While the organisation has successfully provided relief to tens of thousands of families over the years, its ability to continue depends on the donations it receives. FEEL estimates that it requires TT$1.5 million per annum to sustain its operations. “There is an annual need for cash contributions to maintain and enhance the quantity and quality of assistance FEEL provides to registered NPO members and schools, as well as to offer knowledge and training within the non-profit sector,” remarks Wendell Constantine, CEO of FEEL. As FEEL looks towards the future, its Chairman, Professor of Practice Dr. Sterling Frost O.R.T.T. notes the recent

approval of a new four-year strategic plan which “serves to empower individuals and communities in Trinidad and Tobago by providing essential resources, fostering collaboration, and promoting sustainability, all towards achieving poverty reduction and improving the standard of living in Trinidad and Tobago.” He adds that “FEEL’s new strategic plan is underpinned by improved reporting within an Environmental, Social and Governance (ESG) framework, and in accordance with the reporting requirements to the Financial Intelligence Unit of Trinidad and Tobago for non-profit organisations.” FEEL’s Board of Directors are Professor of Practice Dr. Sterling Frost O.R.T.T. (Chairman), Alain Laquis, Amjad Ali, Anthony Hosang, Clive Fletcher, David Dulal-Whiteway, Giselle Laronde-West, Kathryn Abdulla, Kristian Govia, Richard Lewis and Vincent Sabga.

To register NPOs with FEEL, visit FEEL’s website https://feeltt.org/ or email feeltrinidadandtobago@gmail.com or call (868) 624-7758. Donations to FEEL can also be made via their website or by joining the FEEL 1000 club whose goal is to ensure the commitment of 1,000 corporate citizens and organisations to donate TT$1,000. yearly.

Dr. Sterling Frost O.R.T.T. Chairman

Wendell Constantine Chief Executive Officer

AUTOMOTIVE AND AVIATION SERVICES

SKY’S THE LIMIT

Piloting Aviation in T&T

On the cargo front, Newton highlighted ongoing efforts to establish direct routes between Trinidad and Tobago (T&T) and South America.

HAYDEN NEWTON General Manager, Airports Authority of Trinidad and Tobago

Airports Authority of Trinidad and Tobago (“the Authority”) has firmly established itself as a leader in the aviation industry across Latin America and the Caribbean. The Authority’s role as the host for the 2024 CAPA Airline Leaders’ Summit for Latin America and the Caribbean is a testament to this. Set to take place at the Hyatt Regency Trinidad from 22nd to 23rd August 2024, CAPA will attract over 250 international airline executives to the country.

A Post-Pandemic Perspective

Reflecting on the COVID-19 pandemic, Hayden Newton, the Authority’s General Manager, stated that from March 2020 to July 2021, their primary focus was cargo traffic, vaccine distribution, and repatriation flights. Subsequently, in 2022, the Authority adopted a conservative yet effective scenario planning approach. “We didn’t foresee a robust recovery for 2023 but were still impressed with our performance.” By the end of 2023, international passenger numbers increased by 38% over 2022, outpacing regional growth observed in Jamaica and Guyana. Newton is optimistic about 2024, forecasting passenger numbers to exceed pre-COVID levels from 2019. This optimism is bolstered by increased frequencies and added routes from airlines such as Frontier, COPA, and KLM, with more discussions underway to attract additional carriers. The industry is witnessing a shift in travel demographics, with younger travellers exploring destinations beyond the conventional, venturing into Europe and Latin America. Significant travel growth is also noted for Colombia and Los Cabos, Mexico.

Advancements in Aviation in T&T

By Bavina Sookdeo

On the cargo front, Newton highlighted ongoing efforts to establish direct routes between Trinidad and Tobago (T&T) and South America. “The São Paulo International Airport approached us to build a relationship with the Piarco International Airport, facilitating the transit of goods, services, and passengers. Their data highlights strong demand from business and leisure travellers, making T&T an ideal connection point. We have been collaborating with São Paulo for several years, engaging with airlines to explore the creation of this new route.” The Authority is also heavily investing in digitalisation and automation to improve passenger experiences and operational efficiency. Plans are in place to upgrade technology across passenger touchpoints. Sustainability is another key focus. The ANR Robinson International Airport in Tobago was the first in the Caribbean to achieve ISO 14001 certification

for environmental management systems. Recent initiatives include the launch of the largest groundmounted commercial-scale solar park in T&T. “We plan to expand the solar park and possibly utilise rooftops of existing buildings. Our emphasis on sustainability and climate change mitigation is a priority,” Newton asserted, noting ongoing efforts to achieve a 30% reduction in carbon footprint by 2030 in line with the Paris Agreement and nationally determined contributions. In Tobago, new construction includes LEED-certified buildings and a rainwater catchment system for non-potable uses, reducing reliance on the Water and Sewerage Authority’s (WASA’s) supply. The Authority is also transitioning ground support equipment to electric vehicles, with the first arrivals expected in January 2025. “Our fleet has already made the switch to hybrid, and current car park development plans include provisions for charging stations. We have upgraded terminal lighting to LED bulbs. We aim to achieve accreditation as a sustainable facility by the Airports Council International,” said Newton.

Flight to the Future

Infrastructure renewal is a significant challenge, particularly at the Piarco International Airport. The Authority is executing a comprehensive capital development programme to upgrade critical infrastructure. Despite these challenges, the Authority is looking ahead with a strategic plan for 2024 to 2029, which will position aviation as a pillar for economic diversification. The Authority’s commitment to training and talent retention is also pivotal. The Aviation Training Centre, certified to conduct international training, continues to expand its offerings. The Authority is also dedicated to enhancing the passenger experience by integrating cultural elements and improving facility aesthetics through art displays and thematic decorations.In May 2024, the Authority received an award at the ACI Asia-Pacific and Middle East/ACI World Annual General Assembly, Conference, and Exhibition (WAGA) in Saudi Arabia for contributions to safety and compliance as part of the ACI World’s Airport Excellence Programme (APEX). In April 2024, the Authority received the Best Airport Staff in the Caribbean award and secured second place in the Central American Caribbean region at the Skytrax Awards. Through these efforts, the Authority strives to maintain its commitment to sustainability, infrastructure improvement, and enhancing passenger experiences, earning international acclaim for safety and service excellence.

REVVING UP

The Future of T&T’s Automotive Industry

I think hybrids will be the major seller by 2026 because of the gradual removal of the fuel subsidy; buyers are seeking fuel-efficient vehicles.

AVINASH RAMPERSAD CEO,

Trinidad and Tobago’s (T&T’s) automotive industry, with its unique challenges and opportunities, is a dynamic space. Global names like Porsche, Chevrolet, and Jeep lead the industry’s rapid technological changes. As the authorised local dealer and distributor of these brands, Lifestyle Motors is at the forefront of these developments, navigating the intricacies of T&T’s automotive landscape.

Challenges Amidst Rising Sales

Despite an uptake in sales in the past two years, there are still challenges, says Avinash Rampersad, CEO of Lifestyle Motors, “From the industry numbers, new car sales have increased, but the cost of cars from the factories has risen drastically. Our taxes are based on the cost of the cars, plus shipping - which has quadrupled.” says Rampersad. The industry is also susceptible to the common forex issue of a lack of availability: “US dollars are in very short supply. We still get other currencies, such as Euros, Canadian Dollars, and British Pounds. However, manufacturers want US dollars, so we have to buy one currency and convert it. This cross-conversion sends the effective exchange rate well above seven dollars and fifty cents to one US dollar.”

Price Hikes and Safety Concerns

However, Rampersad notes, “In T&T, a motor vehicle is not a luxury item; it is a necessity because the public transport system has a number of inefficiencies.” In response to the price increases, he says, “The banks and financial institutions have been extending the terms of car loans. The standard term now is seven years. So, cars have become a significant investment with a longterm payout period.” Another risk to the industry involves certain vehicle dealerships failing to meet global safety standards. “When ‘grey market’ dealers bring cars to T&T, they have not been modified for our market. We (Lifestyle Motors) have invested over TT$2.5 million to ensure that we can handle electric cars; this includes the development of quarantine and battery workrooms and certifying our technicians.”

Driving the Future

By Sheldon Waithe

Emphasising that T&T has adapted quickly to the new trends, Rampersad continues, “I think every single dealer has hybrids and BEVs (Battery

Electric Vehicles), which are the future in the short to medium term. Emerging technology, such as hydrogen vehicles, will come, probably from 2025 onwards. Manufacturers like Porsche are working on biofuels made from renewable sources. However, because it’s a new technology, it requires a lot of initial investment.” Does Rampersad believe that the next-generation vehicles will outsell traditional petrol? “I don’t believe that BEVs will outsell petrol vehicles before 2030 because there are very few fully electric vehicles – right-hand drive – available to our market. I think hybrids will be the major seller by 2026 because of the gradual removal of the fuel subsidy; buyers are seeking fuel-efficient vehicles.” Rampersad highlights the industry’s commitment to broader civic action: “We have trained fire and emergency services personnel on how to extract persons from hybrids and BEVs.” Emphasising the industry’s dedication to sustainability, he says, “We ensure all cardboard used for shipping parts is recycled, and we have invested in solar energy. It’s part of our green initiative.”

Lifestyle Motors Limited

TRINBAGONIANS RETURNING HOME

Here’s How to Access Tax Concessions

By Paul Hadden

The Caribbean region has an extremely high migration rate, and Trinidad and Tobago is no exception. Four years ago, the United Nations’ International Organization for Migration (IOM) reported that 29% of Trinbagonians were living abroad. Despite this high migration rate, many nationals who have spent considerable time living abroad often choose to return to their homeland. One of the benefits often overlooked by returning nationals is the tax concessions on motor vehicles. The decision to grant these concessions was taken over thirty years ago by the then government to encourage nationals to return home. Far from being limited to vehicles, these concessions also extend to the importation of household goods and effects and apply to the following groups: diplomats, corporations, charitable organisations, sporting bodies, and religious organisations. For returning nationals who wish to import a vehicle, it’s essential to understand and meet the specific

Each returning individual is entitled to tax and duty waivers on one vehicle and must ensure that the vehicle is imported within six months before or after their return to the country.

stipulations in order to benefit from the tax concessions. Firstly, you must have spent a minimum of five consecutive years living abroad, which can be proven through employment records or documentation of time aboard in an official passport. You must also be over 18 years of age, a citizen of Trinidad and Tobago, or a former citizen of Trinidad and Tobago, or the spouse of a citizen or former citizen. It’s also important to declare your intention to stay in Trinidad and Tobago. Each returning individual is entitled to tax and duty waivers on one vehicle and must ensure that the vehicle is imported within six months before or after their return to the country. Understanding and meeting these eligibility criteria is crucial for those considering this option. To benefit from these tax and duty waivers, interested parties must ensure that they hire a registered Customs Broker to complete the required documentation. A list of registered Brokers can be found here: https://info.ttbizlink.gov.tt/customs-brokers-list. Once the forms (C82 or C84) have been completed, it’s important to follow the next step, which is to apply for duty relief. This involves submitting a letter to the Comptroller of Customs, listing the items you wish to import and stating why you qualify for the tax exemptions. Following this step-by-step process is important and will provide the necessary guidance and support for those seeking to benefit from these concessions. To learn more about the tax and duty exemptions available, visit: https://www.finance.gov.tt/services/customs-and-excise/ application-for-tax-and-duty-waivers/#moreInformation

BANKING, INVESTMENT AND FINANCIAL SERVICES

PROSPECTS & PROJECTIONS

T&T’s Financial Forecast

In the mutual fund space, UTC launched the first mutual fund in the Eastern Caribbean in 2023 and partnered with GK Capital Management Limited to offer three funds to Jamaican investors.

NIGEL

EDWARDS Executive Director,

Trinidad and Tobago Unit Trust Corporation (UTC)

Since financial liberalisation in the 1990s, Trinidad and Tobago’s (T&T’s) financial services sector has grown in complexity to be one of the more developed sectors in the Caribbean region. It comprises a mix of banks, insurance companies, pension funds, mortgage companies, credit unions, other non-bank lending institutions, mutual fund companies, foreign exchange dealers and capital market participants. As the Executive Director of the Trinidad and Tobago Unit Trust Corporation (UTC) - the country’s largest mutual fund service provider with investments in not only the country’s banks and other major listed enterprises but also in the region - Nigel Edwards is well-positioned to offer insights into T&T’s formidable financial sector.

Digital Revolution in T&T’s Financial Landscape

He identified digitalisation as the key trend having the most impact on T&T’s financial and investment landscape. “Advancements in communications technology are allowing financial institutions to serve their customers better, faster, and in a more costeffective manner,” he said. In this regard, in September 2023, the Central Bank of Trinidad and Tobago (CBTT) formally registered three local entities to conduct business as e-Money issuers: PayWise Limited, the Telecommunications Services of Trinidad and Tobago (TSTT), and PESH Money Limited (PESH). These entities are authorised to issue e-Money accounts, provide payment services, and conduct money transfers/ remittances. “We have to be attentive to what happens in the electronic payments sphere… moving towards frictionless ways of settling financial obligations locally, regionally and internationally… I think that’s going to be a game changer,” Edwards said.

Driving Growth - Key Factors in Finance

Optimistic about the continued growth and development of T&T’s financial sector, Edwards identified the primary drivers of growth over the next two years as:

• T&T commercial banks have excess liquidity (TT$3.9 billion as at 24th May 2024), which means market players have some access to relatively inexpensive funding.

Low and contained inflationary pressures (headline inflation rate was 0.8% as at 31st March 2024).

• CBTT’s accommodative monetary policy stance (repo rate unchanged at 3.5% since March 2020).

T&T’s investment grade is BBB - S&P Global sovereign credit ratings.

institutions well as they remain profitable and sustainable.”

• Technological advancements across service delivery platforms have enhanced customers’ value propositions and promoted increased sales and brand loyalty.

Edwards said the key challenges facing T&T’s financial institutions as they seek continued growth include heightened cybersecurity risks, larger liquidity buffers required by the CBTT, and earnings pressure as global central banks lower interest rates.

Innovations and Opportunities for 2025 and Beyond

By Kay Baldeosingh-Arjune

• Conservative business model adopted by most T&T financial institutions, which “continues to serve these

The subsector with the most significant expansion opportunities is the commercial banking sector, as banks are typically larger in size and have the required financial resources to undertake expansion activities. Additionally, a recent census report revealed that roughly 19% of the local population is currently unbanked or under-banked, a significant untapped portion of the market, Edwards said. He noted that in recent years, local financial institutions have acquired assets, launched new products and entered partnerships regionally and internationally to increase their customer base. For example, in the banking sector, Republic Financial Holdings Limited acquired banking operations in the British Virgin Islands, Cayman Islands, Eastern Caribbean and Ghana. In the mutual fund space, UTC launched the first mutual fund in the Eastern Caribbean in 2023 and partnered with GK Capital Management Limited to offer three funds to Jamaican investors. In 2025, companies may be looking at Guyana to expand, Edwards said, as the Guyanese market potentially represents the most lucrative regional market given the country’s recent discovery of oil and gas assets. Noting that financial services was an industry of scale, Edwards said the challenges to scaling quickly in a foreign market were very high. He, therefore, expects the expansion to take the form of partnerships and points out that expansion does not have to focus on a physical presence. “It is how you look and what you look for.” He noted that improving the customer’s experience at every touchpoint with a financial institution will be a fundamental driver of change in the future. “In the next five years, we will be looking at a far more integrated financial services sector in the Caribbean region. We will be looking at entities that are serving the Caribbean region as opposed to individual populations and… that are driven by what the customers are demanding rather than their own internal considerations.”

TTSE TARGETS: New Listings, New Products, New Growth

Already the largest stock market in the region by market capitalisation (US$15.9 billion), the Trinidad and Tobago Stock Exchange (TTSE) is modern, high-tech, and meets global benchmarks for operational efficiency.

EVA MITCHELL CEO, Trinidad and Tobago Stock Exchange (TTSE)

Already the largest stock market in the region by market capitalisation (US$15.9 billion), the Trinidad and Tobago Stock Exchange (TTSE) is modern, hightech, and meets global benchmarks for operational efficiency. Looking ahead to 2025, it promises even greater proficiency and vibrancy, offering investors new opportunities.

Revolutionising T&T’s Stock Market

“We aim to be the premier stock exchange in the region in terms of innovation and activity with a target for substantial growth via new product offerings, increased retail investor participation and more listed companies - particularly small and mediumsized enterprises (SMEs),” TTSE CEO Eva Mitchell states. SMEs make up 80% of registered companies in Trinidad and Tobago (T&T). To develop the SME market, the TTSE has been working with strategic partners to identify SMEs that are ready to list their businesses. “Strategically, the TTSE has decided to take an active approach to developing the local capital market. One bold move towards achieving this is through the development of a new product that will allow local investors to invest in international markets while using TT dollars via the TTSE,” she said. “This approach would help bolster the market’s liquidity and reduce the strain on the foreign exchange.”

In addition, “We plan to implement other capabilities such as short-selling and margin trading as we strive to attract a younger, sophisticated generation of investors. We also continue to look at digital enhancements such as the introduction of mobile platforms and AI, as this is one sure way of expanding our market base throughout the country and the Caribbean region,” Mitchell noted.

Pioneering Online Trading and Next-Day Settlements in T&T

highlighted that the key challenges and risks facing the TTSE in the year ahead are market volatility resulting from recent regulatory changes. However, the TTSE has “focused its strategic initiatives to adapt to those changes and to maintain market stability.”

On T&T’s capital market outlook, Mitchell observed, “While trading activity from institutional investors has decreased, we are encouraged by the uptick in retail investor activity. Despite a general decline in stock market prices, companies listed on the TTSE have consistently increased their dividends, and many continue to post increased profits. Our local companies continue to pay the highest dividends regionally. This trend indicates resilience and potential for future growth, fostering a positive environment for retail investors and signalling stability in the local market.”

SMEs 10-Year Tax Incentive

Newly listed SMEs will benefit from:

By Kay Baldeosingh-Arjune

The TTSE began offering online trading in 2020, and Mitchell said, “This is now the fastest growing segment of the market. Our goal is to fully digitalise the capital market. With the equity market already fully digitalised, next is a fully dematerialised private market, which means that the issuance and transfer of bonds will shift to a digital form.” The TTSE intends to settle trades by the next day (T + 1); this new global standard came into effect in mid-2024. As of April 2024, the TTSE’s settlement period is T + 2. “We already have the infrastructure to move to this new standard; however, we need to give other players in the market time to adjust,” Mitchell explained. She

A full tax holiday for the first 5 years (exemption from the payment of Corporation Tax, Business Levy and Green Fund Levy)

N.B. To be listed in the SME market, the issuer’s share capital must be between TT$5 million and TT$50 million after the Initial Public Offering (IPO). 1 2

A 50% tax reduction for the second 5-year period (Corporation Tax, Business Levy and Green Fund Levy).

In an era marked by rapid technological advancements and significant economic shifts, it’s natural to question the relevance of traditional industries. However, it is said that a single stroke of a pen can make all the difference to generations to come. The insurance sector exemplifies this truth, remaining a cornerstone of economic stability and personal security. As the CEO of Guardian Group, I am often asked why the insurance industry continues to be crucial. The answer lies in its role in safeguarding individuals, businesses, and societies against uncertainties. At Guardian Group, we believe our role is not merely to provide coverage but to offer peace of mind, stability and resilience to individuals, families and businesses.

Risk Mitigation in an Uncertain World

Insurance fundamentally serves as a risk mitigation tool. In today’s unpredictable environment, characterised by economic volatility, climate change and geopolitical instability, managing risk is more critical than ever. Insurance acts as a safety net, enabling recovery from unexpected losses. Whether it’s health insurance for medical emergencies, property insurance for natural disasters, or business insurance for operational disruptions, the industry’s role in stabilising lives and economies is undeniable.

Promoting Economic Stability and Growth

Beyond protection, insurance promotes economic stability and growth. By transferring risk from individuals and businesses to insurance companies, capital reserved for potential losses can be redirected towards business expansion, innovation and infrastructure development. Additionally, the insurance industry significantly contributes to the economy by providing employment opportunities and driving investments in various sectors through the management of large capital pools.

Embracing Technological Advancements

While often perceived as traditional and slow to change, the insurance industry has embraced technological advancements, reinforcing its indispensability. Online insurance purchasing has transformed accessibility and convenience. Advanced data analytics have revolutionised risk assessment and policy underwriting, enabling precise risk evaluations and tailored premiums. Personalised insurance products are now possible thanks to the available data. Technology also equips the industry to respond swiftly to emerging risks like cybersecurity

Ian Chinapoo Group Chief Executive Officer

WHY THE INSURANCE INDUSTRY

Remains Indispensable in Today’s World

threats, enhancing efficiency, transparency and responsiveness to customer needs, ensuring it remains a vital partner in providing security and peace of mind in a rapidly changing world.

Addressing Emerging Risks

A defining aspect of insurance is managing risks, requiring agility and intuitiveness about evolving trends. Cybersecurity, for example, has become a critical concern for businesses and individuals. Cyber insurance policies protect against financial and reputational damages from data breaches and cyberattacks. Similarly, the increasing frequency and severity of climate-related events highlight the importance of climate risk insurance. The industry is developing innovative products to help manage the impacts of climate change, from flood and fire coverage to insurance solutions for renewable energy projects.

Enhancing Social Responsibility Through ESG

Environmental, Social and Governance (ESG) criteria have become essential in today’s business landscape, reflecting a commitment to sustainable and ethical practices. For the insurance industry, ESG is not just a trend but a requirement. Insurers must support ESG initiatives, driven by reinsurer demands and the necessity to meet global standards. Embracing ESG principles ensures compliance with regulatory requirements and attractiveness as partners for international business expansion. Robust ESG practices influence collaboration

and investment decisions, promoting longterm sustainability and social responsibility. At Guardian Group, we are committed to integrating ESG principles into our operations, recognising this approach is crucial for longterm success and resilience.

The Human Element

At its heart, insurance is about people. It’s not merely a financial product but a promise of support when it matters most. This commitment to prioritising people underscores insurance’s critical role in life planning. In crisis, insurance offers a lifeline, helping individuals and families rebuild their lives. Insurance provides peace of mind, allowing people to focus on their dreams without fearing setbacks. Whether protecting a family’s home, ensuring healthcare access, or securing a child’s education, insurance empowers informed decisions. Guardian Group’s mission is to serve our customers with compassion and integrity, understanding that behind every policy is a person relying on us.

The insurance industry remains as relevant today as ever, underscoring its importance through risk mitigation, economic stability, and enhanced social responsibility via ESG. As we navigate present-day complexities, the insurance industry continues to be a critical partner in ensuring a secure and resilient future. Most importantly, we are dedicated to protecting and leaving a financial legacy for loved ones for generations to come.

The sun-drenched beaches and vibrant culture of the Caribbean are no longer the only things attracting attention to the region. A quiet revolution is brewing beneath the surface – a boom in financial technology (FinTech) that has the potential to reshape the region’s economic landscape with the citizen experience as a central focus.

Leading this remarkable expansion is One FinTech Avenue, the first FinTech innovation centre in the region. One FinTech Avenue, spearheaded by the Trinidad and Tobago International Financial Centre (TTIFC), aims to foster growth and develop improved financial products and solutions that will ultimately enrich the lives of Caribbean citizens. The FinTech innovation centre provides resources and programmes to accelerate the development of FinTech solutions within the Caribbean financial services ecosystem.

Connecting the Caribbean’s Experience

As Caribbean’s citizens, we can all identify with the prevalence of cash-based markets. Although important, the benefits of FinTech solutions are becoming increasingly clear as we move into a new era of transactions. Let’s consider the case of Charmaine, a mother of two living in a rural community. Charmaine has a home garden where she grows vegetables that she wants to sell. Traditionally, selling her produce would require Charmaine to rely on cash transactions, which can be inconvenient and unsafe. This also increases the risk of loss of income due to her inability to offer other payment options for her customers. To add to this, she often struggles to find time to go to the bank or manage cash transactions physically. Charmaine’s experience makes a compelling case for adopting FinTech solutions such as mobile banking and digital wallets, which she can use to receive and make payments, improving her overall quality of life.

Promoting Financial Inclusion

Charmaine’s experience brings into focus another factor – financial inclusion. In many small island states, a significant portion of the population remains unbanked due to geographic and economic barriers. In Trinidad and Tobago, 25% of the adult population is excluded from formal financial services. This is due to various factors, including a lack of knowledge about available financial products and services and how to access and use them.

FINTECH Empowering the Caribbean for a Digital Future

FinTech has the potential to enhance financial inclusion by providing access to financial services for those who have been historically excluded. One FinTech Avenue aims to play a pivotal role in addressing this gap by fostering a rich pipeline of talent and solutions in this booming industry. This would stimulate the creation and innovation of FinTech solutions like peer-to-peer lending platforms, remote onboarding systems, and various applications to enable more people in the Caribbean to participate in the financial system.

Ensuring a seamless citizen experience lies at the forefront of FinTech integration

Beyond banking services, financial inclusion seeks to improve the citizen experience across a range of payment channels, with government services essential to this shift. The TTIFC firmly believes FinTech can propel digital government payments and cultivate local talent to recognise and address these challenges efficiently not only locally but also regionally. This belief is bolstered by examples from around the world of clear increases in

inclusion through the application of FinTech to assist with the realities of everyday life. Through these shifts, the Caribbean will emerge as a model for the application of digital payments across a spectrum of modalities that can ultimately enhance economic growth and improve the overall quality of life for its citizens. As the region continues to embrace FinTech innovations, it will be better positioned to address longstanding problems with financial inclusion and access as it continues to embrace FinTech innovations. This will pave the way for a more prosperous future and enhance the lives of citizens like Charmaine and many others, regardless of their socioeconomic status.

One FinTech Avenue is the region’s premier FinTech innovation centre. It offers a collaborative environment for all stakeholders to work, connect and collaborate on innovation and FinTech-enabled transformation projects; as well as attract both local and foreign FinTechs through accelerator and incubation programmes, funding and training.

Dawn Nelson

Vice President of Financial Sector Transformation

Trinidad and Tobago International Financial Centre

Colin Eddy, Chief Executive Officer of the Trinidad and Tobago Police Credit Union (PCU), has a vision for the 68-year-old financial organisation that extends beyond the bottom line. PCU is embracing a comprehensive framework for a future-proof organisation centred around: Digital Transformation, Member Growth [and development], Financial Empowerment, Sustainable Wealth Creation, Member Experience and Corporate Social Responsibility.

The Power of Financial Education

“We’re rolling out a dynamic series of interactive programmes that delve into essential financial topics like, technological change and virtual currencies, budgeting in an inflationary environment, tax compliance and retirement planning to name a few, arming members with user-friendly tools and strategies to make smart financial choices.

PCU’s soon to be launched Youth Academy, for example, offers age-appropriate, financial literacy education for children from preschool age to young adults. Poised to be the most entrepreneurial generation in history, “Preparing Gen Z and Alpha for a global financial landscape starkly different to the outdated operating legacy systems of their ancestors is priority for us.” These generations will work longer than any other generation and some will work in jobs that don’t yet exist according to the World Economic Forum. “Our youth need a headstart to remain competitive not just on a local but global scale.”

People-Centric Approach to finance

Eddy’s focus isn’t fixed squarely on the youth however “The future belongs to all of us and like it or not we must all be prepared for what lies ahead.” This preparation is well underway as the organisation is actively normalizing the use of technology in its business operations, reinforcing the habit of wealth generation with share savings, providing loan alternatives to share withdrawals, future proofing members with critical insurance products and the deliberate reduction of loan interest rates.

“We understand joining a financial institution can feel overwhelming, that’s why everything we do is designed with the members in

The Future of PEOPLE-CENTRED FINANCE

mind,” Eddy said as he elaborated on PCU’s philosophy of continuous improvement.

“PCU invests in resources to deliver efficiency at every touchpoint and our facilities upgrades make it easier for all members, from the visually impaired to the elderly, to do business with us whether online or in person,” Eddy noted.

By putting members first, PCU is forging a new path in finance, one built on transparency, innovation and a deep commitment to member well-being. Unlike traditional financial institutions focused on profit margins, PCU operates with one core principle: everything is designed to uplift its membership.

Building with Real Estate

“Real Estate is undoubtedly one of the most stable investment options and likely to remain as such.” Recognising this potential for long term growth, the PCU Board of Directors took the initiative to invest in building upgrades and acquisitions making PCU a new player in the world of commercial rentals.

PCU’s portfolio includes; a state of the art auditorium with a maximum capacity of 400 guests, an executive conference room for hosting small meetings of up to 20 persons and a rooftop terrace for intimate events all at PCU’s Flagship Centre. Also at PCU’s Flagship Centre are commercial spaces for small firms and an equipped, turn key facility ideally suited for a tea shop, deli or ice cream parlour. PCU also boasts an Arima office space ideal for a small to medium sized organization looking for comfortable and modern office facilities, small office spaces in Tobago ideal for selfemployed individuals/startups for example doctor’s or lawyer’s office and a commercial building for sale in the San Fernando area.

Ready to join a financial institution that puts you first?

Visit PCU’s website at www.policecreditunion.com or contact us today at bdu@policecreditunioon com to learn more about becoming a PCU member and unlocking a world of financial possibilities.

DERECK RAJACK

DR. STEFAN FORTUNÉ NICOLE BUDD

DR. KATHRYN BUDHOORAM

M. Pazos President

Kelly Bute-Seaton Executive Director

BANKERS ASSOCIATION OF TRINIDAD AND TOBAGO (BATT)

The Bankers Association of Trinidad and Tobago is a non-profit organisation formed among the commercial banks to promote collaboration on matters of importance to the banking sector.

Our Mission is to play a core role in the growth and stability of the financial sector, through advocacy and representation, and to facilitate the provision of the most competitive banking products and services to our customers, with integrity and transparency.

Our objectives are:

• To foster a collaborative approach for positioning the banking sector in Trinidad and Tobago consistent with international trends, standards, compliance and changing markets and regulatory requirements.

• To play an active role in the education of the public on various risk mitigation methods as well as to enlighten them on their financial options.

• To work as a cohesivebody in partnering with the Central Bank and other local regulatory and business agencies for the development of the banking sector, as well as to enhance their support for the productive sectors of the economy.

Gayle

CONSTRUCTION AND ENGINEERING

BUILDING TOMORROW

Unlocking the Potential of T&T’s Construction Sector

Given the close ties with other Caribbean nations and the anticipated robust economic growth in several of these markets, Ramphalie advises that there are numerous opportunities to expand T&T’s construction-related work abroad.

VYAS RAMPHALIE General Manager,

The National Insurance Property Development Company Limited (NIPDEC)

Insights into Trinidad and Tobago’s (T&T’s) construction sector reveal a landscape shaped by upcoming government initiatives, regional growth prospects, and challenges influenced by global dynamics. As General Manager of The National Insurance Property Development Company Limited (NIPDEC), overseeing some of T&T’s most ambitious construction projects, Vyas Ramphalie offers a knowledgeable perspective of the sector. “The economic outlook for construction is positive given impending general elections next year, which normally drives economic activity within the sector, including employment, which benefits the country as a whole.”

Government’s Infrastructure Agenda

Highlighting forthcoming initiatives, Ramphalie says, “For the next fiscal year under the PSIP (Public Sector Investment Programme), the government will fund several projects, including hospitals and buildings, as well as infrastructure work, for example, on the Point Fortin highway. There is also coastal protection work. Regarding the school projects, there are a lot of infrastructure upgrades to be done.” Another driving force behind the current increase in public sector investment in the construction sector is the government’s plan to reduce rental expenses by constructing new facilities to house government offices. Ramphalie explains, “The focus is not solely on the erection of new buildings, given the considerable costs involved, but where possible, the intention is to refurbish older office buildings as well.”

Exploring Caribbean Construction Opportunities

By Sheldon Waithe

Given the close ties with other Caribbean nations and the anticipated robust economic growth in several of these markets, Ramphalie advises that there are numerous opportunities to expand T&T’s construction-related work abroad. “As a private property development agency with regional experience, we are currently negotiating to construct a police station in Saint Lucia and a court in Grenada. We are also planning to venture into Guyana. The landscape for capital projects is continually evolving, and these opportunities outside of T&T allow NIPDEC to deliver transformational programmes that make a positive difference in people’s lives, ensuring

a return on capital for our clients and their investors.” While these projects bolster revenue and augment work opportunities, caveats are involved, for which the sector is aware and prepared. “We anticipate that there may be difficulties in terms of the type of technical competencies available. Therefore, our engineers will transfer their technical capabilities and knowhow by providing the relevant training up the islands, benefitting the sector in the long term.”

Ramphalie also outlines plans that extend beyond the completion of the projects, “These projects are primarily funded using a Build Own Lease Transfer (BOLT) system, under which we would own it (the building), lease it over a period of 12 to 15 years, and then transfer it to the nation’s government. NH International are doing the same in Saint Lucia and Dominica. This will allow us to provide a return to our investor, the National Insurance Board.”

Supply Chain Disruptions and Tech Shifts

Other critical challenges impacting the construction sector are “issues with the procurement of long lead items and solving problems such as the accessibility of foreign exchange for procurement of items not available in T&T.” This leads to the wider issue of supply chain shortfall, which has become a significant factor globally in the aftermath of the coronavirus pandemic. “The sector has challenges with the timeliness of materials shipped from China and delays due to the impact of the wars in Ukraine and Gaza. These delays to major equipment deliveries—sometimes up to two months—significantly affect our ability to deliver the final build to clients in a timely manner.” What about advancements in technology? “There is a growing trend towards prefabrication from local suppliers, which is being used in smaller projects like single- and two-storey buildings,” Ramphalie observes.

“We are not there yet in terms of total green construction, but going forward, specs are being included for sustainable materials and energy-efficient designs, while solar panels have been introduced on some projects. Artificial intelligence is impacting the sector at the design level.” With a focus on sustainability, efficiency, and regional collaboration, the future of T&T’s construction industry promises both resilience and transformative growth in the years ahead.

ENGINEERING GREEN GROWTH IN T&T

Leading Sustainability

The greening of the local energy sector will also require more ‘tech-heavy’ skills, with new cohorts of young, trainable professionals able to enter and exploit this transition.

NAVIN BOODHAI Manager, UWI Engineering Institute and Member of the Board of Directors

of Kenesjay Green Limited and D R Carbon Solutions Limited

The move to cleaner energy is a global priority, with many countries and companies seeking to achieve carbon neutrality by 2050. While there is a significant commitment to reducing carbon emissions, many are still advancing their industrialisation policies and agendas, leading to increased emissions, while also planning to integrate new green engineering solutions vertically.

Green Energy Transition in T&T

Trinidad and Tobago (T&T), recognised globally for its successes in transitioning from an oil economy to gas and gas-based petrochemical industries, as well as developing an indigenous energy sector workforce to enable these transitions, has to keep its eye on global structural changes to energy supply and consumption in a greening energy market. The next 24 to 36 months remain critical in defining our green energy agenda as we seek to address significant methane leaks, capture and sequester carbon emissions, realise industrial-scale renewable energy, and enable growth in green hydrogen consumption. All these initiatives support meeting commitments to global greenhouse gas (GHG) targets and ensuring our energy sector commodities and production levels remain stable and relevant to market demand and competition. Given our past energy transition successes, we remain poised to exploit such opportunities with local engineering and energy services providers supporting transitional green advancements with new emerging technologies from as early as 2025. Already enabling this transition are several projects in early execution. While there are notable challenges concerning the progress and agility of our transition goals, Project Lara – a large multi-megawatt solar installation and the NewGen Hydrogen Project, a low-carbon industrial solution to increase gas feedstock and mitigate methane and carbon emissions, show some positive signs. Other significant projects include “The Roadmap for a Green Hydrogen Economy in Trinidad & Tobago” (2022) and the “Wind Resource Assessment Programme (WRAP)”.

T&T’s Path to Green Energy Leadership

By Navin Boodhai

The greening of the local energy sector will also require more ‘tech-heavy’ skills, with new cohorts of young, trainable professionals able to enter and exploit this transition. To achieve this, there must be collaboration among academia, industry and government to drive green engineering innovations.

Two novel multi-institutional projects, comprising private sector partners, The University of the West Indies (UWI), The University of Trinidad and Tobago (UTT) and the Ministry of Energy and Energy Industries (MEEI), are seeking ways to develop new capacity-building programmes and offer applied research opportunities and consulting services. These are the Green Hydrogen Research Collaborative (H2RC), which is driven by Kenesjay Green Limited (KGL), and the Carbon Capture Utilisation and Storage Collaborate (CCUS-C). While it took many decades to develop our energy sector to what it is today, leaving the rapidly changing energy landscape unchecked can quickly lead to further economic vulnerability. But, leveraging our human resources and industrial asset base, combined with new green technologies, can soon catapult T&T into a new green growth industrial revolution. T&T can take the lead in not only reaping local benefits and creating new jobs and businesses but also in exporting services to enhance the Caribbean region’s energy security by diversifying energy sources and building resilient infrastructures.

HomeWork Design Studio is incredibly proud to have received the following accolades from the design industry’s leading global publications:

LUXlife Magazine’s 2024 Leaders in Luxury Awards

Best Full-Service Interior Design Firm 2024

– Trinidad & Tobago

The GLOBAL 100 Reputation Awards 2024 Best Interior Design Firm 2024

– Trinidad & Tobago

These award teams spend months seeking to identify the companies and professionals who are excelling in the ever-growing luxury product and services industry, recognising those who illustrate an innovative approach, an eye for detail, and a drive for perfection both in products and client services.

HomeWork Design Studio is delighted to have received this recognition, which places them among the top tiers of professionals worldwide, spotlighting their dedication, innovation, and leadership in their field of Interior Design.

HomeWork Design Studio is Trinidad and Tobago’s leading award-winning full-service interior design firm. Led by its Principal Designer Randall Waddell, the studio is a proud member of the American Society of Interior Designers (ASID) and HGTV’s Professional Designer Network. The studio enjoys commercial and residential newbuilds and renovations and has earned a reputation for having an exceptional talent for sophisticated design and a deep commitment to outstanding personal service.

Randall’s diverse range of design skills and talent is evident in the range of homes and commercial redesign and renovations he has done to date. His website – www. homeworktt.com – will give a great sense of the calibre of his design projects, residential and commercial alike. The positive impact he has on his clients and improving their quality of life is always apparent.

Through his HomeWork Design Studio, Randall has a track record of consistently superior work and demonstrates excellence, leadership and is a pioneer in the local interior design industry. He has elevated

randall@homeworktt.com www.homeworktt.com

“My job is to make a positive difference in the lives of my clients, and it’s incredibly fulfilling. In any small way that I can, I hope to be able to continue showcasing the best of Trinidad and Tobago on an international level.”

– Randall Waddell, Principal Designer

HOMEWORK DESIGN STUDIO

Brings Home Two International Awards For 2024

the benchmark for this business community, and sets an example for others in this career field to follow. On more than one occasion, students trying to decide on their design career choice have reached out to him for guidance and reassurance that a career in Interior Design is well respected and rewarding. He has been interviewed and featured in the local and regional media, and his episodes on the Decoded TV Series are

always the ones that receive the most positive and exciting feedback from the show’s viewers. To have a look at the best of the Decoded series, pop over to the HomeWork Design Studio website.

FOUNDATION OF A LEGAL CLAIM

Contract vs. Tort in Building / Construction Disputes

By understanding the distinctions between contract and tort claims, parties in the construction industry can better protect their interests and navigate the complex landscape of construction law.

DR. STEVE J. RAJPATTY Managing Director Atlantic Project Consultants Limited (APCL)

When issues arise in a building or construction project, the parties sometimes face a critical decision: Should they pursue a claim based on contract or tort law? Understanding the implications and nuances of each approach is essential for construction professionals, as the choice can significantly impact the dispute outcome.

Contractual Claims:

Agreed Upon Obligations

In a claim under contract law, the basis of the claim would be that one party had deviated from its obligations under the contract. For an action to be sustained for breach of contract, there must be a contract between the parties. If a contractual relationship does exist and a violation has occurred, the next factor to be considered before commencing legal action before the court is the limitation period. The financial compensation for breach of contract is based on the rationale of placing the parties in the same position they would have been had the breach not occurred. Damages can be either liquidated, i.e. the anticipated loss is assessed, and the figure is included in the contract as the amount to be paid, or they may be unliquidated, i.e. the court considers the amount of compensation to be paid. For unliquidated damages, the assessment considers the natural loss from the breach and any additional foreseeable losses contemplated by the parties at contract formation.

Tort Claims:

Damages beyond the Contract

Alternatively, a claim could also be pursued under tort law. In this action, the claimant alleges that the defendant’s action (or inaction) caused damages despite contractual obligations. Generally, in construction, tort claims involve issues such as negligence, where one party fails to exercise reasonable care, harming the other party. For example, poor workmanship leads to structural issues, causing property damage or personal injury. Even if the contract doesn’t explicitly cover such scenarios, the affected party may seek compensation through a tort claim: Robinson v PE Jones (Contractors) Ltd [2011] EWCA Civ 9. There are several factors to consider when deciding if to pursue a contract or tort claim:

1. Terms of the contract: If the issue is addressed in the contract, a contractual claim may be feasible.

2. Nature of the damage: Some types of harm, mainly where physical injuries result, may be more suitable for tort claims.

3. Burden of proof: Contract claims often require proving a breach of specific terms, while tort claims require proof of negligence: duty of care, breach of duty, causation and damages.

4. Available remedies: The types and extent of compensation can vary between contract and tort claims.

Other Factors to Consider

Claims are a fact of life in most construction projects. Unfortunately, burying one’s head in the sand is not advisable to deal with disputes that eventually lead to a claim. The longer they go unchecked, the more complicated and expensive they can become, especially access to project data when the situation is not addressed promptly. The sensible course of action is to track and record every activity and make plans for things that may go wrong or are going bad. The most common areas giving rise to disputes between the parties are as follows:

1. Lack of communication

2. Delays

3. Scope of Work

4. Payments

5. Quality of construction - falls short of the standards/specifications

6. Material cost changes (fluctuations) Disputes and claims are becoming common in construction projects throughout the Caribbean region, especially as most contracts now have insurance to cover certain eventualities. Be that as it may, the best way to avoid disputes is to be aware of areas most likely to give rise to difficulties that have become synonymous with construction contracts.

Conclusion

The decision between pursuing a contract or tort claim in construction disputes is not always clear-cut. It requires careful consideration of the specific circumstances, legal implications, and potential outcomes for all parties. By understanding the distinctions between contract and tort claims, parties in the construction industry can better protect their interests and navigate the complex landscape of construction law. This knowledge is invaluable in managing risks, resolving disputes, and ensuring successful project outcomes.

ENERGY AND ENERGY-RELATED INDUSTRIES

T&T’S ENERGY HORIZON

Quicker Decisions, Greater Efficiency, Deeper Collaboration

Real GDP is expected to expand by 2.4% in 2024, supported by the non-energy sector and new energy projects coming onstream —which will help offset the structural decline in energy production.

Over the last 167 years, since the drilling of its first oil well in 1857, Trinidad & Tobago’s (T&T’s) energy sector has grown, diversified, weathered booms and busts, traversed major crossroads along its developmental journey, and successfully negotiated several significant transitions. In addition to producing about 59,000 barrels of oil per day (bopd), T&T produces and exports liquified natural gas (LNG), ammonia, melamine, methanol, urea, and urea ammonium nitrate (UAN). Multinational energy giants in T&T include BP, EOG Resources, KOCH Industries, Methanex Corporation, Mitsubishi Group, Nutrien, the Proman Group, Shell, and Woodside Energy (formerly BHP Petroleum).

New Discoveries and Investments Spark Optimism

By Kay Baldeosingh-Arjune

Following several difficult years, 2024 and 2025 promise new growth for T&T’s energy sector. They herald a turnaround in exploration, major investment decisions, long-awaited project approvals, and significant new oil and gas discoveries—all cascading into a tremendous uptick in activity and optimism in the energy sector. bpTT President David Campbell predicted the turnaround in June 2023 when he told members of the American Chamber of Commerce of T&T (AMCHAM T&T), “I am cautiously optimistic about Trinidad and Tobago’s energy future – and I want you to share in that optimism. We have proved resources that are well understood in the shallow water provinces and there are a number of world-class, motivated operators already investing to develop these resources into existing infrastructure. We have the deepwater areas that have ongoing appraisal activity after recent discoveries, and we are hopeful that even more deepwater acreage can be made available for exploration.” An IMF Staff Statement released in April 2024 was also cautiously optimistic. It said: “Real GDP is expected to expand by 2.4% in 2024, supported by the non-energy sector and new energy projects coming onstream — which will help offset the structural decline in energy production. Over the medium term, the delivery of several planned natural gas projects is expected to boost growth in the energy sector while supporting economic activity in the non-energy sector.” It added that efforts to enhance the energy sector’s competitiveness

“In order to ensure energy security for the region and combat the negative impacts of climate change, it is imperative that we effectively utilise our resources, whether they be hydrocarbon or renewable, through collaborative efforts. Only by working together can we attain our objective of fostering productive and resilient economies in what promises to be an increasingly hostile business environment.”

(Trinidad and Tobago Prime Minister Dr. The Honourable Keith Rowley, at the Guyana Energy Conference and Supply Chain Expo 2024)

and increase future natural gas production, such as restructuring the main liquefied natural gas facility, will bolster economic growth and fund the shift to a low-carbon economy. Various forecasters, including the International Energy Agency (IEA), predict weaker oil prices as global supply outstrips demand towards the end of the decade. Bloomberg’s May 2024 report headlined, “Oil’s Fragile Outlook Spells Weaker Prices in 2025,” explained, “Demand growth is set to cool and will be more than satisfied by a surge in supply environment, posing tough challenges for producers in the US shale patch and the OPEC+ bloc.” In addition, the IEA noted that an unprecedented surge in new LNG projects coming online from 2025 is set to add more than 250 billion cubic metres per year (m³/year) of new capacity by 2030, equivalent to around 45% of today’s total global LNG supply.” This risks creating a supply glut, the IEA said.

Striking a Balance: Green Energy Prospects

The IMF Staff Statement also highlights a crucial point: “However, it is important to strike a balance between leveraging the country’s maturing energy sector and providing conditions to foster growth of the non-energy sector. This will help shield the economy from global energy market volatility and green energy transition risks.” Statista, a global data and business intelligence platform, said the renewable energy market is projected to reach US$2.15 trillion worldwide in 2025 as its long-term cost-effectiveness becomes increasingly feasible. “Increased use of technological advancements like automation, artificial intelligence, and blockchain will also increase renewable capacity deployment by decreasing costs and easing the integration of new energy infrastructure,” it said.

An Inter-American Development Bank (IDB) study in February 2024, “How New Technologies Are Transforming Energy in Latin America and the Caribbean,” underscored the need to decarbonise the value chain across energy generation, storage, and distribution and outlined some of the technology challenges, such as intermittency in generation with solar and wind, the high cost of hydrogen, and significant challenges in terms of energy storage and distribution.

Risks, Urgency, and Strategic Decisions

In a 2024 report, Norway-based Rystad Energy, a research and business intelligence company, said it expected the global market for oil and gas contractors to rise to a peak of US$1 trillion in 2025 and remain at high levels for several years. Helped by solid growth in the midstream part of the industry to liquefy, transport, and re-gasify natural gas, overall oil and gas spending will stay above US$920 billion annually on average for the 2022 to 2028 period. On the risks to T&T’s energy sector, the IMF Staff Statement said: “In the near term, downside risks stem from external factors affecting energy markets (e.g., an abrupt global slowdown) and disappointments in domestic energy production (e.g., delays in new projects or unexpected disruptions in current production).

In the medium term, the balance of risks is to the upside, stemming from additional new natural gas projects and the implementation of planned structural reforms, which could boost growth. Downside risks emanate from a faster-thanexpected global transition to net-zero emissions, which could put pressure on the energy sector.”

T&T is once again at a critical crossroads, where its future prosperity hinges on its current decisions and the speed at which it implements them. In an article preceding the conference, “The Need for Speed,” Chamber President and CEO Dr Thackwray Driver said: “There is a lot of scope for partnerships between operators, and for partnerships between operators and service companies, that can improve the efficiency and speed of implementation.” Dr. Driver warned:

“Given the maturity of Trinidad and Tobago’s oil, gas and petrochemical sector, there is a lot

Production of Selected Commodities in Trinidad & Tobago: 2021 to 2023

Source: Ministry of Energy and Energy Industries and the Atlantic LNG Company of Trinidad and Tobago, Central Bank of Trinidad and Tobago, Economic Bulletin, January 2024. 1Also includes condensate production.

of pressure on the supply chain to be as efficient as possible and to cut unnecessary costs. The energy transition in progress means that international energy companies are being extremely disciplined about where they allocate capital, so it is important for a country like Trinidad and Tobago to always focus on efficiency and making it easy to do business.”

Empowering Growth and Energising Alliances

The growth of Guyana’s energy economy presents enormous opportunities for T&T businesses and service providers in the energy and non-energy sectors. At the Guyana Energy Conference and Supply Chain Expo in February 2024, His Excellency President Dr Mohamed Irfaan Ali said Guyana was building the infrastructure to provide a reliable and efficient energy supply and slash energy costs in half. Energy Chamber of T&T Chairman Jerome Dookie also noted

that decarbonisation and the renewables and energy efficiency industries will provide new business and investment opportunities for T&T’s smaller energy service companies. However, he stressed that “we need to have the right regulatory and policy environment in place.” The National Energy Corporation of T&T Limited (National Energy) has identified several investment opportunities linked to T&T’s target of 30% electricity from renewable sources by 2030. These include manufacturing solar and wind components, green hydrogen and chemicals, battery component assembly and manufacturing projects, and energy storage projects. Today, amidst discoveries and investments, T&T’s energy sector stands poised for a resurgence. Challenges abound, yet opportunities beckon, particularly in technological advancements, deepwater prospects and green energy. With decisive action and strategic partnerships, T&T aims to harness its energy potential for sustainable growth and global competitiveness.

Heritage Petroleum Company Limited (Heritage) is the National Oil Company (NOC) of Trinidad and Tobago focused on the exploration, production and marketing of crude oil.

Building on our track record of strong financial and operational results, we remain committed to our strategic mandate, to optimise TT’s hydrocarbon resources for a sustainable future.

The energy sector continues to be dynamic and volatile, and our outlook remains promising, underpinned by high margin production growth, operational excellence, and a commitment to sustainability.

Heritage Insights

While global trends, geopolitics, and regional factors continue to create uncertainty in the sector, Heritage is well-positioned for growth. We benefit from a strong base business, competitive acreage position, and recent successes in both onshore and offshore drilling. Our established infrastructure and access to key markets, continue to be strategic advantages. Additionally, our commitment to reducing emissions and aligning with the Nationally Determined Contributions, ensures sustainable production into the future.

Heritage continues to add production to offset base field decline through efficient operations, well optimisation, and its onshore and offshore drilling programs. It has also identified deeper potential in existing licences and continues to evaluate exploration opportunities to drive growth. Re-development of our existing fields with innovative technology will increase recovery and fuel additional increases in production.

The company is committing resources to repair and renewal programs, improving the integrity across our assets. Through investment in technology to upgrade our fields, we are driving improved operational efficiency and asset performance.

We continue to invest in our most importance asset, our people. Through robust health and safety programmes and training and development opportunities, we are creating an engaged workforce, focused on safe, sustainable production.

Commitment to Sustainability

Our Corporate Social Responsibility (CSR) programme provides the framework for our

Optimising Trinidad and Tobago’s

HYDROCARBON RESOURCES for a SUSTAINABLE FUTURE

sustainability focus, rooted in minimising environmental impact and giving back to the communities in which we operate.

Heritage established several CSR initiatives that benefit future leaders and build community capability. These programmes align locally with the Government’s National Development Strategy 2016-2030 and internationally with the United Nation’s Sustainable Development Goals.

Our decarbonisation strategy leverages our strengths as an upstream company and aims to reduce emissions and to green our operations through innovation, operational efficiency, and strategic partnerships. We expect to exceed our goal to reduce methane emissions by 30% by 2030. Key components are identified in our assured Environmental, Social and Governance (ESG) Report.

As an NOC, Heritage recognises its ‘duty of care’ to support the next generation of leaders and its role as a responsible corporate citizen. We are committed to sustainable production practices and creating a prosperous future for Trinidad and Tobago.

The Future

Heritage has a portfolio with significant potential. Heritage will continue to invest in optimising base production, while funding its integrity and drilling programmes. By forging strategic partnerships and collaborations with industry stakeholders, we will accelerate production growth. With a robust strategy and engaged workforce focused on sustainable, high margin production growth, we will create value for our stakeholders and be a source of pride for Trinidad and Tobago.

THE GREEN SHIFT

Trinidad and Tobago’s Renewable Energy Aspirations

In December 2023, the World Bank announced it was partnering with governments across the Caribbean region to invest almost US$500 million in renewable energy through the Caribbean Renewable Energy Infrastructure Investment Facility under the Eastern Caribbean Central Bank (ECCB).

Will renewable energy take centre stage in Trinidad and Tobago (T&T) in the coming decade, embedded and reflected in every investment and policy decision, equipment purchase, construction project, new hire and performance evaluation? Will it be the dominant driver of industry growth, job creation and new business development in the energy sector, as in many other economies? The next 10 to 15 years will provide a pivotal opportunity for T&T to harness renewable energy and shape a more prosperous, sustainable future for its economy and people.

T&T’s Solar Power Revolution

Construction of the country’s first major utilityscale solar project began in the third quarter of 2023. It is scheduled to become operational in the second quarter of 2024 and is expected to produce enough power for the equivalent of 42,500 homes. Known as “Project Lara,” it is a consortium of bp Alternative Energy Trinidad and Tobago, Shell Renewables Caribbean, and stateowned The National Gas Company of Trinidad and Tobago Limited. At the Caribbean Sustainable Energy Conference held in June 2024 in Trinidad, Minister of Energy and Energy Industries Stuart Young revealed that the Government had “plans for inviting proposals for utility-scale solar projects utilising reclaimed land previously used for quarrying.” He said, “The Ministry of Energy and Energy Industries has identified vacant state lands located in North East Trinidad that are suitable for solar utility-scale projects.” Through the Global Climate Change Alliance Plus (GCCA+) Project, the European Union (EU) and United Nations Development Programme (UNDP) have been instrumental in expanding T&T’s renewable energy infrastructure. There are now 17 solarpowered public and community buildings, including the Trinidad and Tobago Red Cross Society - Henry Dunant Clinic in Port of Spain, the JC Mac Donald Presbyterian Home for the Aged in San Fernando, the Ministry of Agriculture, Land and Fisheries Aquaculture Facility in Valsayn, the Brasso Seco Community Centre and Speyside High School in Tobago. In July 2024, an EU-supported initiative also saw the official commissioning of the Piarco International Airport Solar Park Project.

Other initiatives that could advance the use of solar power in T&T include:

• Mandating renewable energy be used in all new social housing programmes,

• Encouraging energy efficiency in hotels through incentives, and

• Encouraging ‘no-cost’, energy-saving behaviours among the population.

Hydrogen and Wind for a Green Energy Future

By Kay Baldeosingh-Arjune

• Requiring energy efficiency in all existing and new government buildings,

Trinidad is also exploring hydrogen fueling as a key driver of its future economic prosperity. In 2022, the Government unveiled a new 35-year roadmap for a green ammonia and methanol industry. Minister Young told the Sustainable Energy Conference that based on an initial EU-funded wind feasibility study in May 2023, “we have envisaged the establishment of a green hydrogen economy based primarily on offshore wind by 2035.” Now underway in 2024 is a Wind Resource Assessment Programme (WRAP) that will, among other outcomes, identify five candidate sites and optimal designs for wind farm development. The Government will then seek to attract potential investors and project developers. Young said in January 2024 that “the Government is also aiming to have a firm policy and legislative framework for green hydrogen by 2025.” According to a June 2024 analysis by the International Monetary Fund (IMF), “If Trinidad and Tobago were to achieve a more ambitious renewable energy target in coming years, for example, achieving the authorities’ target of 30% of electricity generation from renewables by 2030, it could increase natural gas exports by about 8% each year (relative to 2021 levels), or just under US$170 million.” The IMF report also noted that green methanol may be used as a future shipping fuel, allowing Trinidad and Tobago to refuel ships with domestically produced methanol rather than imported oil products. The US think tank, the Atlantic Council, proposed a five-step roadmap in 2023 to transform the region’s energy systems and accelerate its energy transition. It anticipates an initial investment of between US$5 to $7 billion would be needed. However, it also noted that one of the region’s most significant challenges was the reluctance of regional banks and international financial institutions to finance renewable energy projects.In December 2023, the World Bank announced it was partnering with governments across the Caribbean region to invest almost US$500 million in renewable energy through the Caribbean Renewable Energy Infrastructure Investment Facility under the Eastern Caribbean Central Bank (ECCB). With growing international support and strategic investment, T&T is wellpositioned to lead the Caribbean’s transition to a sustainable energy future.

POWERGEN CELEBRATES 30 YEARS Powering Past and Future Generations

Who We Are

PowerGen will be marking its 30 th Anniversary in December 2024 and continues to serve as the nation’s largest and longest-serving independent power producer (IPP). The company was formed when T&TEC’s generation assets (power plants) which included the Port of Spain (now decommissioned), Point Lisas and Penal power stations were divested on December 23rd, 1994. The current shareholding consists of T&TEC holding 51% interest, MaruEnergy Trinidad LLC, a subsidiary of the Marubeni Corporation of Japan, with 39% interest and NEL Power Holdings Ltd., which is a subsidiary of National Enterprises Ltd, with a 10% interest.

What We Do

We prioritise producing electricity in a safe and environmentally responsible manner and generate a combined 3.5 billion (kWh) kilowatt hours annually from its Point Lisas and Penal Plants, supplying this electricity to the national grid to its sole customer and majority shareholder, T&TEC. A recent corporate achievement entailed supplying the total national electricity demand in November, 2023 when another IPP had a planned shutdown.

Corporate Milestones

PowerGen can be viewed as an organisation of firsts as it is the nation’s first IPP. Another first was the Flange-to-Flange project in 2016 which entailed the upgrade of gas turbines at the Penal combined cycle plant by 34 megawatts (MW). A first for the country and the first upgrade of its kind to be done by General Electric outside of the USA.

Another first for the organisation was the historic PowerGen Port of Spain Decommissioning Project as it is the largest and most complex demolition project to be

undertaken in the country within the city of Port of Spain and close to a neighbouring community.

Corporate Citizenship

PowerGen has proudly sponsored the Secondary Schools’ Cricket League for over 25 years. Over this period, more than 100,000 students have been positively impacted by PowerGen’s investment in the sport. PowerGen is also invested in special needs children with PowerGen Special Children’s Fun Day hosting over 30 special schools comprising 3,000 special students: to a day of fun activities. PowerGen provides scholarships

to students at UWI, UTT and the National Centre for Persons with Disabilities helping to provide opportunities for the next generation of leaders.

Future focus

Looking forward, PowerGen is relying on its talent pool to support energy sustainability initiatives. The company has integrated training and development into its planning processes and is focused on continuous optimisation of plant reliability through strategic maintenance and procurement. Safety remains PowerGen’s number one priority and forms part of its Goal Zero company-wide safety culture transformation. A favourable outcome of the Goal Zero programme was the recent achievement of 3-million-man hours without a day away from work case. These proud milestones over its 30-year history are testimony to PowerGen’s noteworthy contributions not only to the electricity sector but to national development.

The Power Generation Company of Trinidad and Tobago Limited Head Office: Caspian Drive, Point Lisas Industrial Estate, Point Lisas, Trinidad W.I. T: 1 (868) 624-0383 E: pgcinfo@powergen.co.tt Website: www.powergen.co.tt/ FB & IG: pgcpowergentt | Find us on LinkedIn

rinidad roject anagement ervices imited

#65 New Settlement, Dow Village, California, Trinidad & Tobago W.I. T: 1.868.220.1446 tpmsltd.tpms@gmail.com www.tpmsl.com

Trinidad Project Management Services Limited (TPMSL) is a specialist project management consulting organization whose core business is the provision of specialist personnel. We offer a tailor made recruitment service to suit the needs of both our clients and candidates.

Incorporated in 2003, TPMSL is a privately owned company that has extensive knowledge and project management experience within the Oil and Gas Industry. With our years of experience, we are able to efficiently and effectively manage any project from Concept to Commissioning.

TPMSL provides a quality recruitment service covering all disciplines within the specialized sectors in which we operate our business. Our recruitment team has the experience and resources to fulfill all requirements and deliver a professional and ethical recruitment service.

TPMSL has the capability to supply project management manpower services in the Oil and Gas, Petrochemical, Power, Construction and Commercial Industries. With our multi-national aand vast multi-disciplined database, we can provide suitable candidates to any project - there are no boundaries on the size of the project we can supply to.

In our ever-expanding markets, listening to and understanding the needs of our clients is where TPMSL excels in being able to provide the exact solutions for each client’s Project needs.

Some of the disciplines we provide:

• Project Management

• Senior Managers: Project, General

• Construction Management & Construction Supervisors

• Project Engineering & Field Engineers

• Engineering, Procurement & Construction (EPC)

• Fabrication & Construction, Inspection & Commissioning, QA/QC.

• Engineering (All Disciplines)

• Scheduler/ Planners & Quantity Surveyors

• Drilling & Completions, Production

• HSE Advisors/ Officers/ Technicians

• E&I, Civil, Mechanical, Piping, Coating & Welding Technicians

• Procurement, Materials & Logistics, Cost Controllers, Accounting

• Maintenance & Turnaround (TAR) Support

• Diving Representatives & Subsea/ ROV Client Representatives

• Draughting Technicians

• Document Control Administrative Technicians/ Assistants.

FUTURE FOCUSED

Insights into T&T’s Healthcare Sector

Approximately 62 million people live with diabetes in the Caribbean and Latin America.

According to the World Health Organization (WHO), in 2021, Trinidad and Tobago (T&T) scored 75% in the Universal Health Coverage (UHC) Index. This is a testament to the significant progress made in the sector. UHC comprises “the full continuum of essential health services, from health promotion to prevention, treatment, rehabilitation, and palliative care across the life course.” The University of the West Indies (UWI) Health Economics Unit (HEU) at the Centre for Health Economics notes, “There have been gains in T&T’s health status, like improved life expectancy and child mortality indicators, due to the implementation of health sector and related non-health sector programmes.”

Challenges & Solutions: A Private Sector Outlook

The sector’s issues are complex and require a multifaceted approach. “Without a doubt, the most pressing challenge is posed by the increasing incidence of non-communicable diseases (NCDs),” says the HEU. Kieran Thompson, Managing Director of Biomedical Enterprises of Trinidad and Tobago Limited (BMETT), agrees, “NCDs, including diabetes, cardiovascular diseases, hypertension, and chronic respiratory diseases, are the leading cause of death or immobility in the Caribbean region.” He revealed that approximately 62 million people live with diabetes in the Caribbean and Latin America. Nearly 180 million adults suffer from hypertension, and cancer is the second leading cause of death in the Americas. However, Thompson stresses the importance of technology in improving accessibility, efficiency, and quality of care. He observes that private healthcare providers offer diagnostic tools, telemedicine, and personalised treatment plans and are more likely to adopt new technologies. He also noted that the COVID-19 pandemic inspired a more proactive approach to telehealth, centralised data collection, and public education. On the other hand, Thompson outlines the barriers to implementing technology in the sector, describing infrastructural limitations, inadequate digital platforms, cost constraints, insufficient qualified personnel, resistance to change, and a need for clear policies to guide use and responsible implementation.

By Dixie-Ann Belle

Transforming Healthcare: The HEU’s Viewpoint

The HEU team also recognises the potential for greater use of telemedicine and telehealth technologies. Additionally, the government is investing in innovative technologies such as the National Digital ID and Interoperability Ecosystem, which will improve access to and management of healthcare services. Regarding

health sector management, the HEU team identifies challenges related to reducing trauma and violence and the high level of out-of-pocket expenditure that exists despite the presence of a public health system. However, the HEU team explains that some of the necessary resources to tackle these issues already exist. “The national capacity for healthcare is adequate to serve the nation,” they assert. “The challenge is making national capacity accessible to all.” They affirm that the secondary care segment, which is medical care provided by a specialist or facility upon referral, has been significantly expanded and upgraded. They also describe the level of training undertaken by health sector personnel as first-class.

Advancements & Innovations in T&T’s Healthcare

Managing these resources effectively to improve public healthcare is crucial. In the 2024 national budget, the health sector was assigned the second highest allocation at TT$7.4 billion. Key infrastructural upgrades include:

The 106-bed Sangre Grande Hospital, which costs TT$1.1 billion, is near completion.

• Construction and commissioning of the new 540bed Central Block at the Port of Spain General Hospital is scheduled for March 2025.

The new Ministry of Health Administrative Building, costing TT$280 million, was completed in the second half of 2023.

According to the HEU team, a greater focus on prevention and health promotion is necessary. They advocate for increased public-private health collaborations, improved interactions between medical personnel and patients, and increased staff retention initiatives in the public sector. HEU sees benefits in promoting home and self-care, contracting private entities for emergency care, establishing contracts with diagnostic labs and capitation contracts with private general practitioners (for the care management of NCD patients), and investing in shortterm continuing medical/professional education. The HEU team notes, “Recent comments by the Minister of Health indicate that there is a clear understanding that the NCDs pose the greatest epidemiological threat. This suggests that the country may be poised to strengthen its primary care system to meet the NCD challenge. There is reason for optimism.”

Moreover, T&T serves as a hub for specialised care in the Caribbean region; once the sector’s challenges are addressed, significant potential exists for expanding medical tourism, paving the way for a brighter future in healthcare.

GREEN DREAMS

EMA’s Vision for T&T

With more than 700 collection sites nationwide, the iCARE project, which “promotes voluntary public participation in the recovery of beverage containers for recycling… has collected over three million bags.”

HAYDEN ROMANO Managing Director, Environmental Management Authority (EMA)

In recent years, the global urgency to address environmental crises has intensified, with small island nations like Trinidad and Tobago (T&T) on the frontline. The 2018 Vulnerability and Capacity Assessment (VCA) Report highlights that 80% of T&T’s economy and 70% of its population are situated in coastal areas vulnerable to climate change, posing an imminent threat to economic stability and public safety.

Addressing Vulnerabilities: Progress and Policies

Hayden Romano, Managing Director of the Environmental Management Authority (EMA), agrees that “Small Island Developing States (SIDS) such as Trinidad and Tobago will become increasingly vulnerable to temperature increases, changes in precipitation, and sea level rise.” Outlining the obstacles to environmental transformation, Romano explains, “The key challenges are public and private sector awareness and motivation to make the necessary changes to treat with our environmental challenges.” He adds, “The main obstacle is a lack of accountability/responsibility.” Despite these issues, the EMA has made significant strides. Successful EMA-led efforts include the passage of the Waste Management Rules (WMR) in 2021, which supports the legal framework to improve the national management of hazardous and non-hazardous waste, and the Recyclable Solid Waste Collection Project, also known as iCARE. With more than 700 collection sites nationwide, the iCARE project, which “promotes voluntary public participation in the recovery of beverage containers for recycling… has collected over three million bags.” To build on these advancements, ongoing efforts by other institutions are essential. Therefore, the Ministry of Public Utilities and the Trinidad and Tobago Solid Waste Management Company (SWMCOL) are updating national policies on integrated waste management, recycling, and deposit refund systems.

Innovative Partnerships for a Sustainable Future

By Dixie-Ann Belle

According to Romano, the EMA also actively collaborates with the private sector, with projects like the GEF-IWECO Quarry Rehabilitation Project and the Public/Private Tobago Recycling Initiative standing out as successful examples of these partnerships. He further underscored the

EMA’s commitment to fostering innovation in combating environmental barriers. The EMA recently collaborated with the Ministry of Digital Transformation on the “D’Hub Challenge Series.” Through this programme, the Authority hopes to develop digital tools to collect and analyse noise pollution data in T&T. Additionally, the EMA supports environmental research conducted by local and foreign universities. Consultants from T&T, seconded by the EMA, have been working for the past two years with the Regional Activity Centre/Regional Marine Pollution Emergency Information and Training Centre (RAC/REMPEITCCaribe). Looking towards the future, the EMA anticipates that T&T, as a signatory to the United Nations Framework Convention on Climate Change (UNFCCC) Paris Agreement, will have a greater focus on climate mitigation strategies in accordance with the Nationally Determined Contributions (NDCs). Romano adds that the use of the National Transparency System (NTS) enables T&T to develop several reports required to fulfil its UNFCCC obligations – the introduction of this system is a testament to the country’s commitment to addressing climate change issues. To realise the EMA’s green vision for T&T, Romano stresses the need for widespread engagement, “Cooperation with the citizenry, private sector, and local government authorities must be increased to improve the overall management of the environment for sustainable development.”

The Biggest and Most Successful Rehabilitation Clinic in Trinidad and Tobago

We o er a diverse range of specialist treatment including:

• Physiotherapy

• Occupational Therapy

• Specialist Sports and Exercise Physician

• Diagnostic Ultrasound

• Functional Dry Needling

• Specialist Hand and Upper Extremity Care

• Custom-made Hand Splints

• Exercise Physiology

• Strength and Conditioning

• Deep Tissue and Relaxation Massage

• Corporate Ergonomic Work Station Evaluations

• Home Care

• Deep Tissue Laser

With one of the country's leading Sports Injury Doctors located within our facility, we deliver both assessment and rehabilitation under one roof. This convenience results in excellent communication between doctor and therapist, which ultimately leads to faster and more complete recovery for the client. Renew's focus also includes treatment of neurological and orthopedic conditions within the pediatric, geriatric and general population.

Our central location, number of full time members and convenient opening hours (Monday - Friday 7 a.m. - 7 p.m.; Saturday 8 a.m. - 1 p.m.), we are able to deliver prompt and e cient treatment while minimizing disruption to your working day. Renew's convenient location in St. Clair also o ers on-site parking, wheelchair access and a designated patient pick up and drop o zone. Indeed, the quality and variety of rehabilitation delivered by the Renew team is unsurpassed within Trinidad and Tobago.

Dr. Kristi Maingot DPT, MTC Director/Physiotherapist

Steven Frankland BSc, MCSP Clinic Director/Physiotherapist

Dr. Anyl Gopeesingh MBBS, MSc, MFSEM Sports and Exercise Medicine Physician

Devin Santos MSc Physiotherapist

Dr. Lynn-Marie Inniss B. Sc., DPT. Physiotherapist

Stephanie Llanos MSc Occupational Therapist

Debbie Roberts Massage Therapist

Amir Ali Massage Therapist

Sigrid Minguell Occupational Therapist

Desiree Ramjohn Massage Therapist

Kira Nunes Physiotherapist

Alicia Singh Physiotherapist

Equilibrium Environmental Services Limited serves the energy and manufacturing sectors, locally and regionally, with over 25 years' experience in the environmental and occupational safety disciplines.

“Sustainability for us translates to taking care of our people, contributing to the communities in which we work and positively impacting the environment. We live our mission by safeguarding the air we breathe, the water we consume and the earth that nourishes. Our projects create value for our clients by implementing best practices to determine compliance and performance in the built and natural environments. We do so ethically and with integrity.”

Neil Harper Managing Director

• Stack Emissions Monitoring

• Ambient Air Monitoring

• Environmental & Occupational Noise Monitoring

• Liquid Effluent Monitoring

• Indoor Environmental Quality Assessments

• Wide Area Ambient Air Monitoring Network Design & Support Services

• Source Emitter Registration

• Certificate of Environmental Clearance Applications

• Industrial Hygiene

• Green House Gas and Emissions Factor Calculations

INFORMATION AND COMMUNICATIONS TECHNOLOGY

BYTE BY BYTE

Mapping T&T’s ICT Future

Embracing digital transformation as a catalyst for progress, T&T stands poised to harness emerging technologies like AI to propel economic resilience and innovation across industries.

BEVIL M. WOODING

Development Strategist / Executive Director, Caribbean Agency for

Justice Solutions

By Bevil Wooding

The outlook for Trinidad and Tobago’s (T&T’s) information and communication technology (ICT) sector in the coming year is characterised by bold innovation and pragmatic optimism. Transformative technologies are expected to pave the way for sustainable growth, improved public services, and enhanced global competitiveness in the digital economy.

Transformative Technologies, Optimistic Outlook

Robust ICT adoption across public and private sectors, propelled by rising investments in digital infrastructure and technology solutions, is set to increase. Businesses are expected to prioritise digitalisation to enhance operational efficiencies, innovate service delivery, and expand market reach in a post-pandemic era that emphasises innovation, resilience, and agility. Anticipated trends include a surge in Artificial Intelligence-driven (AI) automation and more sophisticated mobile and web applications, particularly in sectors like healthcare, finance, and education. These technologies are set to revolutionise how services are delivered and consumed. They are also expected to usher in a more interconnected and data-driven economy. In response to these trends, T&T’s ICT policies are already evolving, with a focus on legislative and regulatory frameworks that foster innovation, protect digital privacy, and ensure cybersecurity resilience. Ongoing efforts to integrate government services, facilitate greater digitisation of financial services, and promote cross-sector collaboration are expected to enhance the country’s competitiveness and attractiveness to investors. Market dynamics are also evolving with increased competition among local ICT service providers and tech startups, driving innovation and offering consumers a more comprehensive array of digitally powered solutions.

Navigating Competition, Customer Expectations and Critical Concerns

However, this pursuit has risks. The business community in T&T faces a range of challenges in fully harnessing the opportunities presented by digital technologies. Foremost among these challenges is acquiring and retaining skilled digital talent. The rapid evolution of technology demands professionals proficient in data analytics, cybersecurity, and digital marketing, yet there is a shortage of locally

More recently, the government established a dedicated Ministry of Digital Transformation to prioritise and streamline efforts to foster digital innovation and growth. This Ministry is a focal point for coordinating policies, initiatives, and investments that support businesses’ adoption of digital technologies.

available expertise. Additionally, disruptive technologies, physical and cyber-security threats, data privacy concerns, public sector inefficiencies, and regulatory compliance are ever-present. Financial considerations are also an impediment. Implementing digital technologies can be costly, especially for small and medium-sized enterprises (SMEs) with limited resources. Uncertainty about the return on investment (ROI) further complicates matters, as businesses must balance the upfront costs of technology adoption with the potential long-term benefits. Cybersecurity is another major concern for organisations. Businesses are vulnerable to data breaches, ransomware attacks, and regulatory penalties for non-compliance. Safeguarding sensitive information requires robust cybersecurity measures, which can strain resources, particularly for smaller firms desiring to take advantage of the digital revolution but lacking dedicated IT security teams.

Key Strategies for Accelerating Transformation

Addressing these challenges requires strategic planning, technical expertise, and, often, substantial investments. It also requires supportive public policy to ensure sustainable returns on investment. Businesses and the government are responding with a range of measures, such as promoting cybersecurity awareness, enhancing digital literacy, fostering a supportive regulatory environment, and

incentivising digital adoption through targeted policies and incentives. As T&T moves to leverage technology to facilitate its development agenda, visionary leadership, strategic investments, and collaborative partnerships will be instrumental in fully realising its plans and aspirations while mitigating the risks. The following considerations will be key to realising accelerated digital transformation and achieving the national development plans and aspirations.

Infrastructure and Connectivity

Addressing infrastructure deficiencies and bridging the digital divide are foundational to T&T’s digital transformation journey. Many economically challenged and remote communities still lack internet access, hindering their participation in the digital economy. By prioritising universal, meaningful connectivity, citizens and businesses can be empowered to leverage digital tools for economic advancement and social inclusion.

Digital Inclusion and Skills Development

Nurturing a skilled workforce equipped with digital competencies maximises the socioeconomic benefits of digital transformation and fosters a more inclusive society. Greater initiatives to promote digital literacy, affordable internet access, and skills development will be pivotal to enhancing digital inclusion.

Policy and Regulatory Frameworks

Aligning regulatory standards with international best practices enhances transparency, attracts foreign investment, and facilitates seamless integration into global digital markets. Clear policies that stimulate innovation, protect digital rights, and encourage fair competition will be key to creating an enabling environment for ICT investments and entrepreneurship.

Sustainability and Environmental Impact

Balancing economic growth with environmental stewardship ensures sustainable development, safeguards natural resources and mitigates risks posed by climate change impacts. Amid global environmental challenges, adopting green technologies, promoting renewable energy solutions, and implementing eco-friendly ICT practices are fundamental to enhancing national climate resilience.

Artificial Intelligence

Embracing AI presents T&T with a unique opportunity to lead in cutting-edge technology research and application. AI-driven innovations can revolutionise sectors such as healthcare, agriculture, and finance, boosting efficiency, productivity, and decision-making capabilities. Government and private sector investments in AI education, research hubs, and industry partnerships can catalyse the nurturing of local talent and research and stimulate innovation ecosystems, positioning the country as a leader in AI development.

Cybersecurity and Resilience

The rapid digitalisation of T&T’s economy necessitates robust cybersecurity measures to safeguard sensitive data and critical infrastructure. Strengthening national cybersecurity resilience is crucial for maintaining trust in digital services, protecting economic interests, and mitigating potential cyberattack disruptions.

Collaboration and Partnerships

Collaborative partnerships have always been integral to advancing T&T’s digital transformation goals. Increasing engagements with regional and international stakeholders, including multilateral organisations, neighbouring countries, private sectors, and academia, fosters knowledge exchange, resource sharing, and joint initiatives. However, strategic collaborations must also focus on better leveraging and bolstering the collective expertise of local resources. This is essential for the development of genuinely sustainable digital initiatives and innovation ecosystems.

Empowering Digital Transformation: Government Actions and Plans

Over the years, the T&T government has taken proactive steps to enable digital transformation across various sectors. They have prioritised investment in ICT infrastructure, expanding broadband access and digital connectivity throughout the islands. Previous initiatives, such as the National ICT Plan and FastForward in the early 2000s, set the stage for leveraging technology on a national scale. Successive governments also sought to foster partnerships

between the public and private sectors and implement policies to promote digital literacy, cybersecurity, and data protection. More recently, the government established a dedicated Ministry of Digital Transformation to prioritise and streamline efforts to foster digital innovation and growth. This Ministry is a focal point for coordinating policies, initiatives, and investments that support businesses’ adoption of digital technologies. The government acknowledges that more needs to be done to accelerate economic modernisation, improve competitiveness, and ensure that companies can effectively harness the benefits of digital transformation for sustainable growth and resilience in a rapidly evolving global economy.

Charting T&T’s Digital Future

As T&T navigates to 2025 and beyond, the horizon for its ICT sector gleams with potential and opportunity. Embracing digital transformation as a catalyst for progress, T&T stands poised to harness emerging technologies like AI to propel economic resilience and innovation across industries. With strategic investments in digital infrastructure, a forward-thinking regulatory framework, and progressive government initiatives, the course is set to nurture a vibrant ecosystem of tech startups, SMEs, and skilled professionals, driving job creation and sustainable growth. As businesses and governments prioritise digitalisation, the vision of a connected, efficient, and inclusive society comes closer to realisation. T&T is not only preparing for the challenges ahead but also pioneering solutions that increase economic opportunities, elevate living standards, and improve global competitiveness.

ENSURING TOMORROW

Safeguarding T&T’s

Insurance Industry

Contributing between 4.4% and 5.4% to our National Gross Domestic Product (GDP), the Trinidad and Tobago (T&T) insurance industry provides essential risk management and financial protection to individuals, families, and businesses.

GREER QUAN

Former CEO – Caribbean, Pan–American Life Insurance Group

Contributing between 4.4% and 5.4% to our National Gross Domestic Product (GDP), the Trinidad and Tobago (T&T) insurance industry provides essential risk management and financial protection to individuals, families, and businesses. From life, health, and property insurance to specialised products like casualty and liability coverage, the industry caters to a wide array of needs, ensuring security and peace of mind in the face of unforeseen events. However, the industry may have a larger and broader role to play in a region fraught with increasing risks, ranging from epidemics of non-communicable diseases (NCDs) to climate mitigation and disaster management issues. Greer Quan, CEO—Caribbean, Pan-American Life Insurance Group, provided insights on the current state, trends, and challenges in the insurance industry for the year ahead.

Trends and Innovations in the Insurance Market

Several key trends are set to shape the insurance landscape in T&T in 2025. Quan itemises them neatly, “Technological advancements will be at the forefront, driving transformative changes in how insurance companies operate. Adopting digital platforms will streamline business models,

By Kieran Andrew Khan

improve operational efficiency, and enhance customer experiences.” These technologies will facilitate more accurate risk assessments, personalised insurance solutions, and faster claim processing, significantly improving customer satisfaction. Quan continued, “Artificial Intelligence (AI) and data analytics will play a crucial role in these advancements, allowing insurers to gain deeper insights into consumer behaviour and risk profiles. This will enable the development of more tailored and innovative products that meet the specific needs of different market segments.” While AI may have arrived as a ‘tour de force’ in 2024, digital transformation has been at the forefront of the agenda for most global insurance firms for the past few years. With growing consumer awareness, the demand for client-facing technologies and interfaces will also likely increase. Looking ahead to 2025, the insurance industry in T&T is poised for a cautiously optimistic growth trajectory. Insurance premiums are expected to rise moderately as the economy continues to recover post-pandemic. Increased consumer awareness about the importance of insurance, fueled by recent global uncertainties, is likely to drive higher market penetration rates. This is further supported by insurers’ increasing use of social media to share information and

education on insurance products and benefits. This latter trend has been particularly useful in helping to demystify insurance products and their benefits, especially to millennial and Gen Z audiences.

Compliance, Cybersecurity, and Climate Risks

“Regulatory compliance remains a critical issue,” Quan highlights, “with insurers needing to navigate an increasingly complex landscape.” There will now be a greater need for adherence to existing regulations alongside education and adherence to new ones while optimising operational efficiency. Quan notes that “this is a significant challenge.” Fraud prevention and cybersecurity are also escalating critical concerns. “As digital adoption grows, the risks associated with cyberattacks, intrusions, and fraudulent activities increase. Insurers must prioritise investments in advanced cybersecurity measures and develop comprehensive fraud detection and prevention policies, strategies, and tools to safeguard their clients and operations,” she adds. Other global considerations have also accelerated their impact on the insurance industry. The Caribbean is one of the most climate-sensitive regions in the world, with above average water scarcity issues, increasingly high temperatures and the likelihood of even more severe weather events, including aggressive hurricane seasons. In November 2022, the Government of Trinidad and Tobago issued a relief grant for individuals affected by flooding as many homeowners lacked insurance for such events. These grants peaked at US$20,000 for costs related to house repairs. These concerns are in addition to the expected economic uncertainties, including inflation, currency fluctuations, and global market volatility, which Quan adds can “affect investment returns, pricing strategies, and overall financial stability.”

Adapting to Digital and Market Shifts

The insurance industry has always had to navigate changing circumstances, and the outlook for the next year and the next decade is no different. With that ethos in mind, Quan is mindful that there have recently been significant changes in the landscape. However, she views many of these changes as opportunities. Chief among these changes would be the widespread prevalence of smart, internetconnected devices paired with a high internet availability rate nationally. “The shift towards online and mobile channels offers insurers new ways of engaging with customers and delivering services more efficiently,” Quan points out. “By leveraging digital tools, insurers can enhance customer engagement, improve service delivery, and reach a broader audience while mitigating the risks associated with manual processes.” She believes that consumers’ needs have become more personalised, and technology has a role to play in that change by creating opportunities to innovate new, unique insurance products and plans. “Product diversification will be key to addressing

Quan also believes that collaborations with fintech companies and other technology partners can drive innovation, bringing fresh perspectives and cutting-edge solutions to the industry.

these emerging market needs. Microinsurance products, for instance, which provide affordable and accessible coverage for low-income individuals and small businesses, represent a significant growth area. Similarly, cyber insurance, which protects against digital threats, and climate risk insurance are poised for increased demand as well,” she added. As CEO – Caribbean, Quan and her team at Pan-American have created a new cancer care product and revamped their 5:25 small business product, a pre-packaged Employee Benefits Solution, to include new benefits. In individual life insurance, their focus is on innovative policy design.

Reimagining Insurance: ESG and Tech Growth

Furthermore, there is a growing emphasis on sustainable practices and Environmental, Social, and Governance (ESG) principles within the industry. Quan elaborated, “Insurers that incorporate ESG criteria into their operations and product offerings will be well-positioned to attract

environmentally conscious consumers and investors. This approach not only supports long-term business sustainability but also contributes to broader societal goals.” Quan also believes that collaborations with fintech companies and other technology partners can drive innovation, bringing fresh perspectives and cutting-edge solutions to the industry. Echoing this, a recent report from Deloitte highlighted that “most insurers are realising that reacting to risks may not be good enough and are undertaking transformation efforts aimed at preventing losses from happening in the first place.” Insurance as a profit-driven business model that can also deliver a greater social good through education, awareness, consumer-centric behaviour and risk mitigation, in addition to acting as a ‘financial safety net’, can be the next step for insurers of every size. The report added that “more insurers are recognising they have a bigger role to play in helping prevent risk, mitigating loss severity, and closing the life and non-life protection gaps in global markets, especially in the face of the growing number of what appear to be financially unsupportable risks.” While the insurance industry in T&T is now over a century old and faces challenges, it is also primed for significant growth and innovation. By embracing technological advancements, addressing regulatory challenges, and exploring new market opportunities, the industry can continue to provide essential financial protection and support economic stability for clients and the broader community. As Quan aptly puts it, “The future of the industry is bright. With strategic planning and forward-thinking, we are well able to navigate the challenges and seize the opportunities that lie ahead.”

MANUFACTURING AND RETAIL DISTRIBUTION

EXPORTING SUCCESS

Inside exporTT’s Journey to Global Markets

exporTT also extends support through its International Certification Fund and Labelling and Product Testing Fund, empowering exporters to adopt innovative and sustainable production methods and elevate packaging standards.

DHANRAJ HARRYPERSAD

General Manager –Operations Client Services, exporTT Limited

Despite the challenges posed by the pandemic, Trinidad and Tobago’s (T&T’s) non-energy exports demonstrated remarkable resilience, experiencing robust compounded annual growth of 6% from 2018 to 2022. Dhanraj Harrypersad, General ManagerClient Services at exporTT Limited, attributes this achievement to several strategic initiatives. “T&T was able to recover quickly after the initial precipitous fall during the first phase of the pandemic. I believe that a lot of this success can be attributed to the work done under our Export Booster Initiative. The lion’s share of the increase can be credited to our partnership with the Export Support Network (ESN) members in executing trade missions. Over the last two years, we have been executing trade missions almost every two months,” he explained.

Exporting Through Strategic Partnerships

including Customs and Excise, the Chemistry, Food and Drugs Division, and the Ministry of Agriculture, Land and Fisheries. They also collaborate with invesTT, CreativeTT, Trinidad Tourism Limited, and the Tobago Hotel and Tourism Association to promote Trinidad and Tobago internationally. These organisations are also actively planning T&T’s involvement in Expo 2025, scheduled for April to October in Osaka, Japan.

Securing Global Deals

By Natalie Dookie

Through the ESN, exporTT has forged a strong collaboration with the private sector. This partnership has been instrumental in promoting grants and export initiatives in capacity building, training, seminars, and trade missions. The involvement of key players such as the Trinidad and Tobago Manufacturers’ Association (TTMA) and the Trinidad and Tobago Chamber of Industry and Commerce (TTCIC) has led to the creation of a “National Trade Mission Schedule”. Harrypersad elaborates, “exporTT recognises that the most important part of trade missions are the businessto-business meetings; thus, financial support is provided to hire in-market consultants who can facilitate quality meetings. Additionally, exporTT supports small businesses with the Airfare Assistance Grant, enabling them to attend trade missions.” This year, exporTT participated in Expocomer in Panama, Outsource LAC in Brazil, and Alimentec in Colombia. There are plans to participate in other global events, including Expo Caribe and Havana Fair in Cuba, SIAL in France, and the Americas Food and Beverage Show in the USA. On the public sector front, exporTT collaborates with Eximbank for export financing and NEDCO to develop a pipeline management system that transitions entrepreneurs from start-ups to exporters. They also work with NAMDEVCO on market research and agricultural produce promotion, the Tobago House of Assembly (THA) on initiatives in Tobago, and the Ministry of Foreign and CARICOM Affairs to leverage the support of high commissions and embassies abroad. Furthermore, exporTT partners with several entities responsible for essential export documents,

One of exporTT’s notable successes is the “Exporter Accelerator Programme”. Harrypersad elaborates on a renowned example: “We worked with ten fledgling exporters looking to increase their export revenue. They were paired with experienced export managers who were able to transform their operations through the implementation of new tools and processes and ultimately increase their export readiness. As a direct result of this programme, all ten participants secured new export deals.” More recently, exporTT finalised the “Tobago Indigenous Sweets” project. This project assisted ten tamarind ball, sugar cake, bene ball, and fudge manufacturers in optimising their processes to comply with Good Manufacturing Practices (GMP) and achieve export readiness. The project is currently in its final phase of packaging enhancements to ensure these products meet the requirements for placement on international supermarket shelves. exporTT also extends support through its International Certification Fund and Labelling and Product Testing Fund, empowering exporters to adopt innovative and sustainable production methods and elevate packaging standards. The Research and Development Grant funds feasibility studies, prototype development, and commercialisation of new products or services. Many recipients of this grant are in ICT or ICT-enabled industries, developing solutions to education, music, and productivity challenges. exporTT’s proactive approach to export development holds the potential to drive innovation, create employment opportunities, and foster sustainable economic growth. Contemplating the future, Harrypersad remarks, “exporTT looks forward to its pending amalgamation with invesTT and CreativeTT to form the new Trade and Investment Promotion Agency. This development will result in a new strategic direction that brings all the promotion agencies together to develop a consistent country brand and benefit from the synergies to be realised from working under one roof.”

T&T’S MANUFACTURING MOMENTUM

Poised for a Prosperous Future

Employing over 50,000 individuals and contributing approximately 19% to the National Gross Domestic Product (GDP), the sector has an impressive annual average growth rate of 2.4% since 2012.

ROGER ROACH

President, Trinidad and Tobago Manufacturers’ Association (TTMA)

Non-energy manufacturing in Trinidad and Tobago (T&T) is a powerhouse of economic growth, emerging as the second-largest non-energy subsector according to the IMF Country Report 24/150 published in June 2024. Employing over 50,000 individuals and contributing approximately 19% to the National Gross Domestic Product (GDP), the sector has an impressive annual average growth rate of 2.4% since 2012.

TTMA President Forecasts Bright Outlook

Roger Roach, President of the Trinidad and Tobago Manufacturers’ Association (TTMA), shared an optimistic forecast for the sector. “The outlook is highly positive, marked by productivity, competitiveness, and output improvements,” Roach stated. The TTMA anticipates a significant increase in manufacturing output driven by robust investments in technology and infrastructure, coupled with the innovative spirit of local manufacturers. “As global demand for highquality, diverse products continues to rise, T&T’s manufacturing sector is not just meeting these needs, but also expanding its market share internationally,” Roach added, underlining the sector’s potential for global expansion. The sector is also poised for significant productivity gains, with Roach highlighting, “Our manufacturers are increasingly adopting advanced manufacturing techniques and automation, leading to greater efficiency and reduced production costs. These advancements are crucial for maintaining a competitive edge in a rapidly evolving global market.” Competitiveness is another area where the TTMA foresees notable gains. By fostering a culture of innovation and continuous improvement, T&T’s manufacturers are enhancing their ability to compete worldwide. “Supply chain resilience has been another focus area, with strategies in place to mitigate disruptions and ensure steady production flows. The TTMA’s initiatives, such as our annual Trade and Investment Convention (TIC) and our trade missions to potential export markets, play a pivotal role,” Roach explained.

Tech Investment Boosts Production

Between 2020 and 2023, non-energy manufacturing exports surged by approximately TT$1.9 billion. In 2023, the Central Statistical Office (CSO) estimated these exports at about TT$12.8 billion, accounting for 25% of the country’s total

By Natalie Dookie

exports. Underscoring the advantages of trade agreements in supporting export growth, Roach stated, “Our participation in bilateral and partial scope agreements has opened new markets for our manufacturers. These agreements facilitate smoother trade relations, reduce tariffs, and give our manufacturers the access they need to grow their international presence.” Roach noted that sustainability initiatives also shape the positive outlook for non-energy manufacturing, “Our manufacturers are increasingly adopting ecofriendly practices, which reduce environmental impact and appeal to the growing segment of environmentally conscious consumers. These initiatives allow our members to overcome non-tariff barriers in some markets, especially industrialised regions.” Additionally, technological advancements present tremendous opportunities for the sector. From 2022 to 2023, manufacturers invested over TT$1.3 billion in machinery, plant upgrades, software, warehousing, and equipment, creating over 1,000 jobs. Looking ahead to 2025, the outlook for T&T’s manufacturing sector is promising. “We expect increased output, enhanced productivity, and improved competitiveness. The TTMA remains dedicated to supporting our manufacturers through strategic initiatives, fostering innovation, and expanding market access. With these efforts, we are confident that our manufacturing sector will continue to thrive and contribute significantly to the nation’s economic growth,” Roach concluded.

Driving Innovation

T&T’s Path to Global Competitiveness

The Trinidad and Tobago Bureau of Standards (TTBS), through its National Mirror Committee of Innovation Management, has adopted ISO 56001 as a national standard. This adoption signals the standard’s relevance to T&T’s economic growth and its alignment with global innovation practices.

EMERSON JOHN-CHARLES Chair, National Mirror Committee of Innovation Management, Trinidad and Tobago Bureau of Standards (TTBS)

In light of the unprecedented challenges brought about by the COVID-19 pandemic, the Ministry of Trade and Industry, in collaboration with exporTT and the Trinidad and Tobago Manufacturers’ Association (TTMA), launched the Export Booster Initiative. This initiative is designed to accelerate internationalisation and promote exports. To achieve these two aims in increasingly highly competitive and dynamic global markets, local firms must continuously innovate and produce novel products and services to maintain a competitive edge. Additionally, the TTMA recently acknowledged the arrival of Industry 4.0, marked by disruptive innovations such as smart machines, robotics, artificial intelligence, and data analytics. These innovations are driving change across various sectors, including manufacturing, education, finance, and healthcare. In this new environment, innovation is no longer an activity that companies can choose to participate in or not. It is now essential for growth and survival.

ISO 56001: Transforming Innovation Management

In September 2024, the International Standardization Organization (ISO) published ISO 56001 as part of the ISO 56000 series. This document will revolutionise how innovation has been managed for the past 30 years. It provides a framework for developing an innovation management system (IMS) and is designed to continuously improve an organisation’s innovation capability. These standards are not geared towards specific products and services but focus on cultivating the right culture, strategies, and systems within businesses of all sizes so that they can become more agile, adaptable, competitive, and resilient to cope with today’s business challenges. These standards are based on eight key innovation management principles: realisation of value, future-focused leaders, strategic direction, culture, exploiting insights, managing uncertainty, adaptable structures, and a systems approach. These principles, detailed in ISO 56000, provide a solid foundation for the effective development and application of an IMS.

Innovation Powerhouses: Agostini Group and Carib Brewery

Several local firms in the manufacturing sector, such as Agostini Group and Carib Brewery Limited, have already established innovation departments. Agostini Group’s Innovation Lab has initiated various undertakings, such as an agricultural project to support VEMCO, a manufacturing and distribution group of companies, to increase

Source: ISO 56000:2020

import substitution and export expansion. They also launched an internal innovation challenge to generate impactful ideas, resulting in an innovation pipeline. Their focus on innovation has led to an after-tax profit of TT$313.35 million in 2023, which was 64.2% more than the figure recorded in 2022. Similarly, Carib Brewery has introduced an augmented reality series of labels, new product flavours, and a smart manufacturing line. Their smart factory has opened up capacity on two other production lines, one of which is used for export, which no doubt has supported their plans to launch Carib Beer in India by January 2025. Other local manufacturers can draw from these models and enhance their production and export efforts by adopting the best practices outlined in ISO 56001. This could generate numerous benefits, including improved efficiency, stronger brand recognition, new revenue streams, and better responsiveness to customer demands. Implementing these practices can help position Trinidad and Tobago (T&T) firms as significant players in the global market and enable them to better mitigate the disruptions of the fourth industrial revolution.

A New Era for T&T’s Innovation Landscape

The Trinidad and Tobago Bureau of Standards (TTBS), through its National Mirror Committee of Innovation Management, has adopted ISO 56001 as a national standard. This adoption signals the standard’s relevance to T&T’s economic growth and its alignment with global innovation practices. Implementing ISO 56001 will enhance Trinidad and Tobago’s innovation capabilities, helping local manufacturers to remain competitive in the global marketplace by fostering a culture of experimentation and collaboration. It will also align T&T with its key trading partners, who are expected to adopt this standard. Innovation is often embedded in business-to-business (B2B) contracts. Therefore, local firms will be able to demonstrate their capabilities and sustain long-term business relationships. The ISO 56000 series can be obtained from the TTBS at www.gottbs.com.

The Unicomer Group, headquartered in El Salvador, operates in 24 countries, employing over 13,870 staff members. Known for its expansive range of quality household furnishings, appliances, electronics, and financial services, Unicomer’s diverse retail brands are known to several households which include Courts, Courts Optical, Ashley Furniture HomeStore and RadioShack. These brands have been firmly positioned within the socio-economic and cultural landscape of Trinidad and Tobago.

To innovate and support the commercial community, that navigates away from its usual retail enterprise, Courts Business Solutions (CBS) revolutionizes business operations by offering comprehensive, customized B2B solutions. CBS provides access to a wide range of competitively priced commercial products from multiple manufacturers through a single distributor, streamlining procurement and enabling volume purchases and product. CBS exemplifies Unicomer’s commitment to business diversification and enhancing commercial success, which has been realized in Jamaica, St. Lucia, Barbados, and Belize.

To ensure CBS achieves similar growth in its regional markets, locally in Trinidad and Tobago, the executive function of CBS is led by three Directors well equipped with the global expertise and business acumen to drive this business revolution forward.

Ms. Shivan Ojah-Maharaj , the Director of Courts Business Solutions, ensures each client receives tailored, customizable, and personalized solutions, focusing on diversification to meet specific business needs.

• Ms. Nicole Lum Kin, Unicomer’s Commercial Director, leads a team dedicated to understanding commercial needs at the product level, leveraging a global network of suppliers to provide high-quality, cost-effective, and specialized products.

• Ms. Sharon Maharaj , the Director of Consumer Credit, oversees comprehensive financing solutions, also enabling small to mediumsized enterprises to expand their competitiveness and achieve accelerated growth despite economic challenges.

Unicomer Transforms the Business Landscape of Trinidad and Tobago

Courts Business Solutions targets key sectors, including housing developments, lobby refurbishments, office solutions, new business furnishings, corporate business remodeling, and hospitality furnishings. CBS guarantees timely delivery of commercial products through Unicomer’s expansive logistics network, overcoming unique challenges related to foreign exchange and logistics. This logistical excellence allows CBS to offer tailored solutions that enhance operational efficiencies and deliver significant returns for clients.

The launch of Courts Business Solutions (CBS) is a key strategic move for the company not only as a matter of brand differentiation but also for the demand for business solutions across various sectors. According to Fortune Business Insights, these factors are key drivers in the rapidly expanding global market for domestic and commercial B2B solutions, valued at US$516.7 billion. Recognizing the necessity to support regional independence and meet the needs of commercial enterprises, Unicomer Group has established Courts Business Solutions to address these demands effectively and immediately.

CBS primary goal is to transform the business landscape, empowering companies to achieve their growth aspirations and maintain a competitive edge in the market. Through a functional and aesthetic approach, these entities can meet the demands of their customers, partners, and stakeholders.

Shivan Ojah-Maharaj Director, Courts Business Solutions

Sharon Maharaj Director, Consumer Finance - Credit

Nicole Lum Kin Director, Commercial

DRIVING HR EXCELLENCE Strategies and Trends in T&T

A 2024 Employers’ Consultative Association (ECA) survey found that 71% of organisations offered remote work options, with hybrid models being among the most preferred.

NIRMAL MARAJ

Public Relations and Research Coordinator, Employers’ Consultative Association (ECA)

In the midst of the Fourth Industrial Revolution, where digital technologies are reshaping societies and work dynamics, HR professionals in Trinidad and Tobago (T&T) are not mere spectators. They are the catalysts driving rapid digital transformation within organisations. Their strategic support is instrumental in enhancing talent management and employee engagement, key pillars of this transformation.

Key Trends Shaping T&T’s HR Outlook

As we look towards 2025, the HR landscape will continue to be impacted by ongoing change and transformation in the world of work. Technological adoption will accelerate. Artificial intelligence (AI), HR analytics, automation, and remote work management systems are becoming embedded in workplaces across T&T, and this adoption will grow further in 2025 and beyond. A 2024 Employers’ Consultative Association (ECA) survey found that 71% of organisations offered remote work options, with hybrid models being among the most preferred. Companies embracing remote work in T&T have reported improved productivity, better work-life balance, and reduced commute times, painting an optimistic picture of the future of work. Another critical area is the ongoing adoption of AI systems within the workplace. As with any disruption, AI will lead to the loss of some jobs, but it also holds the potential to create new ones. More importantly, AI is set to lead the re-design of jobs to include new skills, competencies and responsibilities, such as interacting with AI tools. Experts estimate that generative AI will play a role in 70% of text and data-heavy tasks by 2025. According to the World Economic Forum, AI and ‘big data’ will be the top strategic and workforce development priorities from 2025 to 2027. The workforce demographic is also shifting. Trinidad and Tobago’s population, along with many developed countries, is ageing. Migration presents organisations with new challenges and opportunities to tap into global streams of skilled labour. The young workforce entering the labour market needs to be imbued with human-centred, practical, and adaptable skills.

Navigating Talent Challenges and Opportunities

HR in T&T faces several challenges in the year ahead. Talent shortages and skills gaps remain

significant issues exacerbated by demographic shifts and evolving industry needs. Many employers at both global and national levels are concerned about an ongoing skills crisis, with industry growth hampered by talent deficits. Between 50% and 60% of employers have stated that their most significant challenges within the next two years will be skills gaps in the local labour market and an inability to obtain the right talent. Conversely, industry experts expect the demand for core human skills to grow exponentially within five years. Cognitive and social human skills are expected to be the most in-demand, with an increasing need for employees who possess creative and analytical thinking abilities, technological literacy, curiosity, and lifelong learning.

Strategies for Thriving in the Future of Work

As technology continues to disrupt the way we work, HR professionals must ensure that the workforce is positioned to ride the wave of change. Investment in learning and training on the job is expected to be the largest workforce strategy companies adopt. More importantly, there must be a shift towards upskilling and lifelong learning at the core of organisational culture. Professionals must be flexible and agile in their approach to learning and enhancing their skills. While AI will grow as an essential tool for routine tasks, it cannot replace human emotional intelligence and creativity. Human skills such as communication, problem-solving, and collaboration will be crucial in the era of AI. Finally, organisations need to invest in frameworks grounded in business resilience. Technology is one of many disruptors impacting the world of work. Rather than waiting for crises and disruptions to occur, organisations must develop a workforce trained to anticipate and adapt to any form of change. Trinidad and Tobago is at the forefront of navigating the transformative changes brought about by the Fourth Industrial Revolution. By leveraging technology, adapting to workforce dynamics, and proactively addressing challenges, HR professionals can drive business success and support strategic goals, ensuring a resilient and future-ready workforce.

By Nirmal Maraj

ACTIVATING INNOVATION

How CARIRI Fuels Caribbean Progress

The Centre for Enterprise Development (CED) is CARIRI’s flagship facility for innovation facilitation, business and technology development, and entrepreneurship growth.

HANS-ERICH SCHULZ CEO, Caribbean Industrial Research Institute (CARIRI)

The Caribbean Industrial Research Institute (CARIRI) is committed to fostering innovation and technological capability in the Caribbean. It supports startups and entrepreneurs in developing and commercialising innovative ideas and technologies. It is executing this mission primarily through a high-impact range of regional projects sponsored by the Inter-American Development Bank (IDB), the Compete Caribbean Partnership Facility (CCPF), the European Union (EU), and the World Bank. The Centre for Enterprise Development (CED) is CARIRI’s flagship facility for innovation facilitation, business and technology development, and entrepreneurship growth. CARIRI supports startups and entrepreneurs through a suite of programmes and services that are available at this facility. These include the Idea Advisory Service (IAS), the Innovation Gap Analysis Programme (IGAP), the Business Hatchery Programme (BHP), the Food Processing Centre (FPC), ICT/Data Analytics, which involves developing and implementing custom software solutions, and the Democratising Innovation in the Americas (DIA) Programme.

Bridging Innovation Gaps in Business

Number of Students (10 to 18 years old) Participating in CARIRI’s Innovation Nation Training Programme

By Kay Baldeosingh-Arjune

The IAS focuses on effectively screening ideas to ensure they are high quality and have good business potential. “It provides technical and advisory support to take innovative ideas and inventions through the continuum from mind to market,” explained CEO Hans-Erich Schulz. “IGAP’s role is to go into SMEs (small and medium-sized enterprises) and large public and private enterprises to assess their status of innovation, identify gaps where innovative interventions could be made and assist the companies in implementing the interventions,” he said. The Business Hatchery Programme addresses the business development needs of startups and early-stage businesses. It provides training via workshops, peer review sessions, and weekly one-on-one business coaching on customer validation, market research techniques and strategies, finance, and business pitch development. The Food Processing Centre supplies technical/technological and advisory support to small businesses in food safety management systems, product and process development, facilities and equipment design and layout, shelf-life testing, product labelling and training.

Catalysing Innovation through R&D

In addition to its in-house capability to offer research and development (R&D) support, technology transfer, and consultancy services to refine and commercialise products, Schulz noted that CARIRI also organises capacity-building workshops, innovation competitions and hackathons, and networking opportunities with industry experts and investors. It offers a wide range of training customised to Caribbean needs. Through its partnership with the Intellectual Property Office (IPO), CARIRI also assists companies in navigating challenges related to IP rights, patents, and commercialisation strategies, he added. CARIRI’s state-of-the-art laboratory testing facilities can aid innovators with their R&D endeavours in food technology, analytical chemistry, microbiology, environmental sciences, industrial materials, metallurgy, air quality management and calibration. It is also the implementing agency for the transformative “Shaping the Future of Innovation (STFOI)” project funded by the EU and the IDB, which provides access to grant funding, deepens industryacademia links, and builds an innovation network. One notable success story that underscores the impact of CARIRI’s innovation support services is the “Rubber Crumb Project.” This initiative addresses environmental and economic challenges by recycling waste rubber tyres into useful products such as rubber crumbs. Schulz said the ultimate goal is “the establishment of a thriving rubber crumb manufacturing industry in the region.”

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T&T’S PROPERTY PULSE Charting the Real Estate Market

Data from the Central Bank of Trinidad and Tobago (CBTT) reveals a growth trend in the consolidated credit system, with increased lending for business and real estate mortgages supported by stable interest rates.

SALLY SINGH President, Association of Real Estate Agents (AREA)

By Kieran Andrew Khan

Data from the Central Bank of Trinidad and Tobago (CBTT) reveals a growth trend in the consolidated credit system, with increased lending for business and real estate mortgages supported by stable interest rates. Reflecting on this, Sally Singh, President of the Association of Real Estate Agents (AREA), indicates that the market is not only recovering from the COVID-19 pandemic but also undergoing significant, though subtle, changes.

Growth Forecast Despite Challenges

Growth in the real estate market is anticipated to continue, driven by expected increases in oil and gas production, which will positively impact policymaking and National Gross Domestic Product (GDP) growth from 2024 to 2025. Despite that, uncertain tides in the economy have massively impacted the residential market. “The expat market, which has been vibrant for decades, has reduced drastically with the performance of the petrochemical sectors. Homeowners are now targeting the local TT dollar market with reduced monthly rents that reflect the buying power of the local market,” Singh points out. “The residential market currently shows strong demand for properties priced under TT$1 million, although supply is limited. There’s a healthy demand for properties in Trinidad between TT$1 million and TT$2 million, supported by a stamp duty exemption for first-time buyers.” “However, in Tobago, there’s notable demand for land and houses within specific price ranges which are incongruent with financing,” Singh adds. In the sister isle, the data points to loan qualifications that tend to peak around TT$500,000 for land in desired locations at that price. She is hopeful that this can present opportunities for developers and investors.

Market Trends to Watch in 2025

Several key trends are expected to influence the residential market in 2025. Consumer preferences are shifting towards more secure, gated communities and turn-key homes, driven by concerns over security and the need for convenience. There is also a growing demand for properties that accommodate remote working, with home offices, gyms, and outdoor spaces becoming increasingly desirable. Smarter homes that use consumer-based technologies in lighting, Internet of Things (IoT) devices, entrance/exit management, and climate control are also becoming increasingly

desirable.The commercial sector, however, faces reduced demand for sales and rentals. Many companies have downsized or adopted hybrid working models, leading to lower rental rates and more available space. Landlords continue to convert commercial properties to residential or mixed-use to mitigate the impact of decreased demand.

Government Policies and Market Volatility

Economic uncertainties, such as fluctuations in energy prices and domestic hydrocarbon production, add to market volatility. Property tax, for which valuations and assessments are still being worked on, will increase ownership costs, particularly for commercial properties when it comes into effect. Government policies and initiatives will significantly influence the real estate market in T&T. Efforts to streamline planning processes, improve land titling systems, and enhance property registration procedures are underway. The President of AREA welcomes these initiatives, pointing out that “planned new legislation includes the full proclamation of the Planning and Facilitation of Development Act 2014, which is a progressive step towards more efficient and effective real estate processes” and will result in better developments, smarter land use and enhanced profitability for all stakeholders. There are also plans to improve the housing stock for lower-income homeowners. “Recognising the lack of buying power in a third of the workforce, the Housing and Village Improvement (HVIP) programme, with a budget of TT$100 million, aims to increase low-income housing stock. This initiative will provide approved housing plots and units, addressing the strong demand for affordable homes.” Singh points out. Looking ahead to 2025, the real estate market in T&T is expected to see stable property prices and rental yields. Property demand is projected to remain strong, particularly in the residential sector. However, supply constraints, especially for affordable housing, will continue to pose challenges while interest in homeownership grows. AREA is also looking forward to the Proclamation of the Real Estate Agents Act, which will dramatically improve the quality of real estate services. While challenges persist, the industry’s resilience and adaptability will ensure it remains a vital component of the nation’s economic landscape.

SECURING TRINIDAD AND TOBAGO A Deep Dive into Crime

While T&T faces significant crime and security challenges with high crime rates, Mahabir stressed that communityled initiatives are making strides to address crime and enhance security.

DR. RAGHUNATH MAHABIR

Assistant ProfessorNational Security and Intelligence Studies and Graduate Programme Coordinator, University of the Southern Caribbean

“Several community-led initiatives and partnerships in Trinidad and Tobago (T&T) have made positive impacts in addressing crime and improving security, and these initiatives demonstrate the power of community engagement in creating safer environments,” stated Dr Raghunath Mahabir, Assistant Professor, National Security and Intelligence Studies and Graduate Programme Coordinator at the University of the Southern Caribbean.

Community-Led Solutions to Crime in T&T

While T&T faces significant crime and security challenges with high crime rates, Mahabir stressed that community-led initiatives are making strides to address crime and enhance security. These, he noted, include “Community Policing Forums, which foster dialogue between residents and law enforcement, youth empowerment programmes like the Youth Training and Employment Partnership Programme, YTEPP, which provides skills training and job opportunities for at-risk youth, neighbourhood watch groups collaborating to monitor and report suspicious activities, and social services outreach which provides support to vulnerable populations.”

In his assessment of the current crime and security situation in T&T, Mahabir highlighted significant risks in Port of Spain and other ‘hot spots’, including pickpocketing, assault, theft, robbery, home invasions, and murder. While foreigners are not explicitly targeted, incidents often occur in tourist and expatriate-frequented areas. “Gang-related activities and drug trafficking exacerbate the high crime rate,” Mahabir stated, underscoring socioeconomic disparities such as poverty, unemployment, and lack of opportunities as driving crime. Drug trafficking, gang violence, and inadequate law enforcement resources are also key contributors to crime.

Safer Communities: A Multi-Facted Strategy

using solar energy to support crime solutions such as electrifying rural areas and public places that are not well-lit. To tackle crime effectively, he proposed reinforcing community policing through investments in trust-building initiatives and resident engagement, directing efforts towards combating gangs and drug trafficking, harnessing technology and intelligence to enhance crime detection and prevention and implementing judicial reforms to improve case management and ensure prompt justice delivery.

Safeguarding T&T: The Road Ahead

By Bavina Sookdeo

Dr. Mahabir advocates for a comprehensive approach to improving safety in T&T. He suggests that this approach should involve individuals, communities, and businesses. This includes community engagement through initiatives such as the Citizen Security Programme, enhancing physical security through surveillance systems, and implementing youth programmes to deter criminal activities. Additionally, Mahabir recommends

Discussing the future of crime and security in T&T, Mahabir commented that forecasting is difficult, as several factors shape the outcome: socioeconomic development, law enforcement reforms, community engagement, and drug trafficking control. Mahabir underscored that several emerging concerns and trends demand attention. These include the expansion of cybersecurity risks amid increasing digital connectivity, the imperative to address environmental security amidst climate change impacts and natural disasters, the necessity of combating transnational crime through regional cooperation to tackle drug trafficking and human smuggling, and the importance of preventing youth radicalisation while promoting positive youth engagement. Mahabir emphasised the potential for adopting effective strategies from diverse contexts and customising them to fit T&T’s unique circumstances. These strategies encompass humanitarian intervention, promoting economic development and digital governance, empowering communities in high-risk areas, and addressing the underlying causes of insecurity.

SHIPPING, PORTS AND COURIER SERVICES

SETTING SAIL

A Closer Look at Connect Caribe

Connect Caribe’s focus extends beyond transforming the transportation of goods and people. Creating market and job opportunities is also key to the company’s vision.

RUDY RAMPERSAD

Vice President of Regional Initiatives, Ramps Logistics Limited

With the launch of Connect Caribe in Barbados earlier this year, a significant step was taken to make the ease of movement across the Caribbean a reality. This privately led fast ferry service will transport cargo and passengers across the Caribbean region, with stops in Antigua and Barbuda, Barbados, Dominica, Grenada, Guyana, Saint Kitts and Nevis, Saint Lucia, Saint Vincent and the Grenadines, Suriname and Trinidad and Tobago.

Transforming Caribbean Connectivity

Trinidad-based Ramps Logistics, the largest logistics company in the region, is one of the partners behind Connect Caribe, along with Pleion Group Inc/Upturn Funds Caribbean, Windward Ferries Limited, JS Cruises and Tours, and Hinkson Computer Solutions Inc. The enterprise, with its three ferries, is set to revolutionise the transportation of cargo and passengers in the Caribbean. It promises to do so swiftly and at an affordable cost, making it an ideal system for shipping Caribbean manufactured and produced goods. This venture will complement existing imports, opening new regional trade possibilities. “We have amazing products in the Caribbean,” Rampersad asserts. The company envisions fresh produce from the various islands, fresh fish, and more being transported by the ferry service. “Instead of the hotels buying canned pineapples,” he illustrates, “you could buy those same pineapples fresh from Guyana.”

Catalysing Growth in the Region

By Dixie-Ann Belle

The first phase of the project will focus on cargo. In the second phase, passengers will be able to travel to the various ports of call in comfort. Rampersad expounds that time spent on board will be an experience— it will allow passengers to access accommodation, entertainment, restaurants, shopping, and even workspaces. The service is designed to bolster the Caribbean Community (CARICOM) Single Market and Economy (CSME). “If we can create proper connectivity within the CARICOM,” observes Rampersad, “we can increase the Gross Domestic Product, GDP, by about 5% over five years.” He adds, “It will be the single largest increase in GDP in the region based on one single project.” Connect Caribe’s focus

extends beyond transforming the transportation of goods and people. Creating market and job opportunities is also key to the company’s vision. Rampersad outlines the services that will generate employment: transportation, trucking, storage, handling and re-packaging, and more. “We will create opportunities for more sustainable jobs and careers in the Caribbean.” They also want to provide training for emerging business owners. “We’re going to offer a suite of different services geared towards helping improve existing businesses in the Caribbean,” he reveals. These services include educational seminars and events. “We will be helping young entrepreneurs and smaller businesses to understand the market, enter it, and give intraregional trade more viability.”

They are also committed to helping Caribbean goods achieve international quality standards. Rampersad notes the importance of products abiding by the trade requirements for ingredients, packaging, and more, and the company hopes to develop this knowledge. The Connect Caribe team believes this approach will help improve products, services, and delivery from the region.

Charting a Sustainable Course

They are optimistic about the future, although they acknowledge that some challenges may lie ahead. For example, each island nation has different laws that must be followed. However, Rampersad notes that governments and ministries have been responsive, and consultations have gone very well. As they proceed, the Connect Caribe team is strategising for the future. The third phase of development focuses on improvements and sustainability. Ensuring that the service embraces green practices is a priority. “We are looking at different vessel types that could operate in the region with low sulphur,” Rampersad explains. They are considering liquified natural gas (LNG) and methanol fuel options. They are also examining the possibility of an online payment system which would allow clients to pay in the currency of their country of origin. The end result could significantly impact the export of Caribbean goods and the outlook for entering regional and international markets. As Rampersad observes, this project will be instrumental in proving that the region is more than just ‘sand, sea, and sun’.

FREIGHT FORWARD

Navigating T&T’s Cargo Industry

The cargo demand and shipping volume of exports have been rising. Local manufacturers are trying to generate foreign exchange by penetrating external markets.

SEAN PATIENCE Managing Director, Cargo Consolidators Agency Limited

In the world of Trinidad and Tobago (T&T) shipping, while many challenges loom, there are also viable opportunities for evolution and growth. “We must face facts and realise that we are not only competing with the business next door but with anyone who sells a similar product worldwide,” explains Sean Patience, Managing Director, Cargo Consolidators Agency Limited. Outlining the role government policy and trade agreements play, he explains, “If there are barriers to trade or inefficient customs practices, Trinibagonian businesses will lose out to other more in-tune countries.”

Steering Cargo Routes Amidst Rising Export Potential

The current upheaval in trade routes poses challenges to transporting goods. Patience identifies fighting in the Red Sea and Ukraine and problems at the Panama Canal as issues that impact the delivery of local imports and exports. “The world is now more interconnected than ever before; seemingly unrelated events can affect us in many ways.” Customer expectations are another important consideration. Patience notes that most clients demand an ‘Amazon-type of service’, a ‘door-to-door’ operation that requires extensive background coordination. In this sometimes mercurial environment, Patience observes that overall cargo demand and shipping volumes are remarkably stable. However, the quantity of imports increases or decreases depending on what is available locally. Alternatively, when it comes to exports, he sees considerable potential. The cargo demand and shipping volume of exports have been rising. Local manufacturers are trying to generate foreign exchange by penetrating external markets. He explained that local Business Support Organisations (BSOs) have been supporting the growth of businesses by providing opportunities to explore new markets regionally and internationally. Highlighting ‘the booming markets’ of Guyana and Suriname, he said, “The proximity of these countries augurs well for T&T as the transit time for goods is short.” CARICOM Member States also benefit from reduced duties and well-established air and sea links.

A Southern Caribbean Hub for Maritime Excellence

operating in the southern Caribbean. Important advancements needed to reach this lofty goal include significant investment in port upgrades. “Customs needs to be on board with this initiative as well and become more of a trade facilitator rather than a trade inhibitor.” In addition to the air cargo services already provided by Caribbean Airlines Limited (CAL), Patience believes that a small feeder aircraft setup operating a ‘hub and spoke system’ to nearby territories would be instrumental in promoting connectivity. Technological advancements and innovations could also help transform local shipping.

By Dixie-Ann Belle

Patience envisions a promising future for T&T, potentially developing into a major hub for vessels

Patience identifies cargo tracking visibility as an essential asset. He also mentions the emergence of digital twin systems. A ‘digital twin’ is a virtual representation of a real-world object or system. He explains this can be used to “predict possible performance outcomes and issues and design solutions to improve the real-world object or system”. In the shipping sector, they optimise routes, improve supply chain visibility, and enhance port operations. Patience asserts that while the T&T cargo industry faces significant challenges, strategic investments in technology, infrastructure, and regional collaboration are crucial to unlocking its full potential and driving future development.

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Fast Facts

Trinidad

Capital: Port of Spain

Main Towns: City of San Fernando, Arima, Point Fortin, Chaguanas

Tobago

Capital: Scarborough

Nationality

Trinidad: Trinidadian

Tobago: Tobagonian

Official Language

English

Population

Mid-Year Estimate (June 2022): 1,365,805 (Source: Central Statistical Office)

Electricity

110 volts/220 volts (+/-6%); 60 Hz

Telephone

1 (868) + seven-digit local

Geography and Location

Tucked below the hurricane belt, the country is located in a safe haven. It is bordered by the Caribbean Sea in the north and by the Atlantic Ocean to the east. On the west coast, it is separated from Venezuela by the Gulf of Paria and to the south, the Columbus Channel.

Trinidad

Once attached to the South American mainland, Trinidad is situated at 12 km (7 miles) northeast of the coast of Venezuela and is separated from it by the Gulf of Paria. About 40% of all land is undeveloped forest and woodlands, although the island continues to experience rapid development. Trinidad’s Pitch Lake is the largest natural reservoir of asphalt in the world.

Total Area: 4,828 km2 (1,864 sq miles)

81.25 km long by 57-73 km wide (50 miles by 35-45 miles)

Location: Latitude 10.5° N; Longitude 61.5° W

Tobago

Tobago lies 34 km (21 miles) northeast of Trinidad. Though of volcanic origin, there are no active volcanoes here. The island is a single mountain mass, although the southwestern tip has a coral platform. The highest peak, the Main Ridge, reaches an elevation of about 576 m (1,890 ft) and its lower-lying lands include a protected reserve area. The coastline is broken up by inlets and sheltered beaches, and there are several uninhabited islets.

Total Area: 300 sq km2 (116 sq miles)

Location: Latitude 11.5° N, Longitude 60.5°W

Time Zone

Time Zone: Greenwich Mean Time –Minus four hours (GMT -4)

In US Winter: Eastern Standard Time plus one hour (EST +1)

In US Summer: Eastern Standard Time (EST) There is no Daylight Saving Time (DST).

Climate

Trinidad and Tobago has a tropical climate with high relative humidity. There are two seasons: dry, from January to May and wet, from June to December. There is a short dry period around mid-September called Petit Carême. The hurricane season runs from June to November, peaking between August and October. Given Trinidad’s southern geographical location, the island is not affected by storms as frequently as the sister isle, Tobago. Tobago can experience inclement weather as a result of such weather systems.

Trinidad and Tobago’s southerly location keeps temperatures consistent year-round, about 30/32 °C (86/90 °F) during the day and somewhat cooler at night.

Telecommunications

Providers of landline and mobile telephone services are prevalent on both islands, and cable television and internet services are readily available. The more prominent agencies are Telecommunications Services of Trinidad and Tobago Limited (TSTT), Digicel (Trinidad and Tobago) Limited, Columbus Communications Trinidad Limited (Flow) and AMPLIA Communications.

With wide coverage throughout the islands, communication is generally easy and wireless internet services are commonplace at hotels, restaurants and many other establishments. International Access Code: 1 Country Code: 868

Media

There is a well-established network covering television, radio, print, electronic billboards and an increasingly strong digital presence. The three daily newspapers are Trinidad Express, Trinidad Guardian and Trinidad and Tobago Newsday.

Top News and Media Websites:

• Trinidad and Tobago Guardian

• Trinidad Express

• Trinidad and Tobago Newsday

• Loop TT News

• Wired868

• Breaking News T&T (Facebook)

• C.C.N. Television Limited - CCNTV6

• Guardian Media Limited - CNC3

• TTT Limited

• Online Radio Stations

Government

Trinidad and Tobago follows the Westminster model of government and upholds the traditions of parliamentary democracy it inherited from Britain. The Government is stable. The Head of State is the President, who is elected by an Electoral College of members of the Senate and House of Representatives for a five-year renewable term. Executive power, however, is vested in the Prime Minister and Government, following elections at least every five years. The next general election will become due in 2025.

Tobago has its own elected House of Assembly and its seat is in the capital city, Scarborough. https://www.ttconnect.gov.tt/ https://www.tha.gov.tt/

Banking

The financial system consists of commercial banks, trust and mortgage finance companies, finance houses and merchant banks. Number of Commercial Banks: 8 Number of Branches: 123

Number of Automatic Banking Machines: 254 ATMs https://batt.org.tt/banking-industry/

Standard Bank Hours of Operation

City Centres: Monday to Thursday – 8 a.m. to 2 p.m. Friday – 8 a.m. to 1 p.m. & 3 p.m. to 5 p.m.

RBC and Scotiabank (not mall branches) 8 a.m. to 5 p.m.

Shopping Centres (Daily): 10 a.m. to 5 p.m. Exchange Rate: TT$6.79 : US$1 (Aug 31, 2024)

Economic Data

The official estimate for Trinidad and Tobago’s GDP was $44 billion at the end of 2023 in puchasing power partity terms.

Data source: World Economics Research, London. Labour Force 2023 (persons with jobs): 577.7

Data source: Central Bank of Trinidad and Tobago

Major Exports: Natural gas and oil, ammonia, alcohol, fertilisers, iron and steel.

Major Trading Partners: United States, CARICOM, Spain, Mexico, France, the United Kingdom, China, Venezuela, Japan, Nigeria, The Netherlands, Dominican Republic, Brazil, Colombia, Russia, and Germany. According to the 2022 Annual Economic Survey, domestic economic activity showed signs of recovery in 2022 after two years of economic contraction. According to data from the Central Statistical Office (CSO), real GDP increased by 3.0% in the first three quarters of 2022 compared to the previous year.

The economy is expected to show broadranging growth and in the energy sector

higher natural gas production is anticipated as new projects come on stream.

References:

Central Bank of Trinidad and Tobago: 2022 Annual Economic Survey; Economic Bulletin January 2022; Financial Stability Report 2021; https://www.central-bank.org.tt

Central Statistical Office, Trinidad and Tobago https://cso.gov.tt/ https://tradingeconomics.com

Meeting Places and Conference Centres

Trinidad and Tobago is one of the top five Caribbean meeting and conference destinations. Many hotels have facilities for conferences, including international brands such as the Courtyard by Marriott, Hilton Trinidad and Conference Centre, Hyatt Regency Trinidad and The BRIX, Autograph Collection.

In addition, the state-of-the-art National Academy for the Performing Arts (NAPA), South Academy for the Performing Arts (SAPA), award-winning spots like Coco Reef, Magdalena Grand Beach & Golf Resort and Mount Irvine Bay Resort in Tobago are ideal for corporate meetings and team-building retreats.

Transportation Airports

Piarco International Airport is a vital hub for international air traffic in the Caribbean. It is located about 45 minutes from the capital city, Port of Spain, and there are non-stop daily scheduled flights to and from major international cities.

Caribbean Airlines Limited (CAL), the national airline, offers routes that include direct flights to major cities like Toronto, New York, Miami, Fort Lauderdale and Orlando. CAL also flies regionally with regular flights to Antigua and Barbuda, Bahamas, Barbados, Jamaica, Guyana and Suriname, to name a few destinations.

International flights are also available direct from Tobago’s ANR Robinson International Airport. Airlines that fly directly to Tobago include Caribbean Airlines, British Airways and Condor (winter season November to April). International and regional airlines that fly to Trinidad include American Airlines, British Airways, Caribbean Airlines, United Airlines, West Jet, JetBlue, and several charter flight companies. https://www.tntairports.com/

Seaports

The main seaports are located in Port of Spain and Point Lisas. The Port of Port of Spain handles dry and general cargo, break bulk, containers and passenger traffic. The Point Lisas Industrial Port Development

Corporation Limited (PLIPDECO), mainly a bulk port for industrial commerce, also handles container and general cargo traffic. Ferries travel the inter-island route daily. The CARICOM Jetty, which is located at the Port of Port of Spain and operates the passenger inter-island ferry, receives, stores and delivers CARICOM cargo and multipurpose containers for trade within the Caribbean region. Several cruise lines stop at Port of Spain and Scarborough, Tobago during the peak season from November to April.

Water Taxi Service

A water taxi ferry connects Port of Spain and San Fernando. Scheduled sailing times are Monday to Friday. Tickets cost TT$15 oneway and can be purchased at the Water Taxi Terminal located at Wrightson Road, Port of Spain or Flat Rock, Lady Hailes Avenue, San Fernando. Free parking is available at both ports.

Departures from San Fernando: AM - 6:00 / 6:30 / 8:30; PM - 3:30

Tel: 226-7900 Ext: 212, 211, 206

Departures from Port of Spain: AM - 7:15; PM - 2:30 / 3:30 / 4:45

Tel: 226-7900, Ext: 102, 111 https://www.nidco.co.tt/watertaxiservice/

Inter-Island Ferry

A ferry connects Port of Spain, Trinidad and Scarborough, Tobago. Scheduled sailing times are Monday to Sunday, and public holidays.

The first passenger vessel departs Scarborough at 6:30 a.m., and the last passenger vessel departs POS at 4:00 p.m. (Mondays, Tuesdays, Thursdays, and Fridays). Except on Wednesdays, when only one passenger vessel departs Scarborough at 6:30 a.m. and 4:00 p.m. from POS. The names of the passengers must be provided, and they must appear on the ticket exactly as they appear on the government-issued photo identification. If you are making a reservation for a senior citizen of Trinidad and Tobago (60 years and older), please bring a valid National Photo ID or T&T Passport. Bookings can me made online.

For information, call:

Port of Spain: 625-3055/623-9353 Ext. 215, 211 or 212 Scarborough: 639-2668/639-2417 https://www.ttitferry.com/

Immigration, Work Permits and Visas

Covid-19 PCR or lab acquired antigen test results are no longer required for entry into Trinidad and Tobago. Mask wearing is voluntary in public space including private and public hospitals and other healthcare facilities. However, care and caution are recommended.

For updated guidelines for travel to or from Trinidad and Tobago, visit the following websites: https://health.gov.tt/ and https://nationalsecurity.gov.tt/immigration/

Work permit applications must be made by an employer on behalf of the employee for business stays beyond 30 days in a given 12-month period. A non-refundable application fee of TT$600.00 is payable. On granting of application, a fee of TT$450.00 per month is payable. Processing period is 6-8 weeks. Work permits can be obtained from the Ministry of National Security, Temple Court II, 52-60 Abercromby Street, Port-ofSpain.

Visa extensions can be obtained from the Immigration Office on Richmond Street, Port-of-Spain.

Major Airlines

Piarco Airport

American Airlines 1 (868) 821-6000

Caribbean Airlines 1 (868) 625-7200

British Airways 1 (800) 247-9297

Copa Airlines 1 (868) 669-5189

Surinam Airways 1 (868) 627-0102

United Airlines 1 (800) 864-8331

West Jet Airlines 1 (888) 937-8538 1 (888)-WESTJET

JetBlue 1 (800) 538-2583

Rutaca 1 (868) 625-4324

ANR Robinson Airport

Caribbean Airlines 1 (868) 625-7200

British Airways 1 (800) 247-9297

Condor (winter season November to April)

Approximate Flying Times to Trinidad and Tobago

London 8.2 hours

New York 4.5 hours

Miami 3.3 hours

Houston 5.3 hours

Toronto 5.5 hours

Regional and International Organisations

ASSOCIATION OF CARIBBEAN STATES (ACS)

Rodolfo Sabonge

Secretary General

5-7 Sweet Briar Road

St. Clair, Trinidad

Tel: (868) 622-9575, 628-0936/6756/7222

Email: mail@acs-aec.org Website: acs-aec.org

CABI INTERNATIONAL (CABI)

Naitram (Bob) Ramnanan

Regional Representative and IAS Coordinator

CABI Caribbean and Central America 59 Gordon Street, Curepe St. Augustine Tunapuna 331323

Trinidad Tel: (868) 645-7628

Email: n.ramnanan@cabi.org Website: www.cabi.org

CARIBBEAN AGRICULTURAL RESEARCH AND DEVELOPMENT INSTITUTE (CARDI)

Ansari Hosein

Executive Director

Frederick Hardy Building

The University of the West Indies

St. Augustine, Trinidad

Tel: (868) 645-1205-7

Fax: (868) 645-1208

Email: executive@cardi.org Website: www.cardi.org

CARIBBEAN COMMUNITY IMPLEMENTATION AGENCY FOR CRIME AND SECURITY (CARICOM IMPACS)

Lt. Col. Michael Jones

Executive Director

19 Keate Street

Port of Spain, Trinidad Tel: (868) 235-5511

Email: secretariat@carimpacs.org Website: www.caricomimpacs.org

CARIBBEAN COURT OF JUSTICE (CCJ)

The Honorable Mr. Justice Adrian Saunders

President

134 Henry Street

Port of Spain, Trinidad Tel: (868) 623-2225

Fax: (868) 627-1193

Email: info@ccj.org

Website: www.ccj.org

CARIBBEAN COURT OF JUSTICE TRUST FUND (CCJTF)

Linton A. Lewis

Chairman 22 Cornelio Street, Woodbrook Port of Spain, Trinidad Tel: (868) 625-8500/8501

Fax: (868) 625-5608

Email: trustee@ccjtrustfund.org

Website: www.ccj.org/about-the-ccj/ccj-trust-fund/

CARIBBEAN FINANCIAL ACTION TASK FORCE (CFATF)

Dawne Spicer

Executive Director

Level 21, Nicholas Towers

63-65 Independence Square

Port of Spain, Trinidad

Tel: (868) 623-9667

Fax: (868) 624-1297

Email: cfatf@cfatf.org

Website: www.cfatf-gafic.org

CARIBBEAN METEOROLOGICAL ORGANISATION (CMO)

Dr. Arlene G. Laing

Co-ordinating Director

27 O’Connor Street, Woodbrook

Port of Spain, Trinidad

Tel: (868) 622-4711/0277

Fax: (868) 622-4711

Email: cmohq@cmo.org.tt

Website: www.cmo.org.tt

CARIBBEAN PUBLIC HEALTH AGENCY (CARPHA)

16-18 Jamaica Boulevard Federation Park Newtown 190324, Trinidad Tel: (868) 622-4261; 299-0895

Fax: (868) 622-2792

Email: postmaster@carpha.org

Website: www.carpha.org

CARIBBEAN TELECOMMUNICATIONS UNION (CTU)

Rodney Taylor

Secretary General

4 Mary Street, St. Clair

Port of Spain, Trinidad Tel: (868) 622-5871; 628-0281

Email: rodney.taylor@ctu.int

Website: www.ctu.int

DEVELOPMENT BANK OF LATIN AMERICA (CAF)

Bernando Requena

Director Representative 8th Floor

Albion Plaza Energy Centre

22-24 Victoria Avenue

Port of Spain, Trinidad Tel: (868) 222-1540/1541

Email: trinidadandtobago@caf.com

Website: www.caf.com

FOOD AND AGRICULTURE ORGANIZATION OF THE UNITED NATIONS (FAO)

Gillian Smith

FAO Representative for Trinidad and Tobago and Suriname ad interim No.2 Serpentine Road

St. Clair

Port of Spain, Trinidad Tel: (868) 299-0027/0029/0030

Email: FAO-TT@fao.org

Website: www.fao.org

INTER-AMERICAN DEVELOPMENT BANK (IDB)

Carina Cockburn

Country Representative

17 Alexander Street

St. Clair

Port of Spain, Trinidad Tel: (868) 822-6400/6421

Email: idbtrinidad@iadb.org Website: www.iadb.org

INTER-AMERICAN INSTITUTE FOR COOPERATION ON AGRICULTURE (IICA)

Diana Francis

Representative in Trinidad and Tobago P.O. Box 1318 Port of Spain, Trinidad Email: diana.francis@iica.int Website: www.iica.int

INTERNATIONAL LABOUR ORGANISATION (ILO)

Joni Musabayana

Director

Stanmore House, 6 Stanmore Avenue

Port of Spain, Trinidad Tel: (868) 623-7704/7178; 625-0524; 627-6304

Fax: (868) 627-8978

Email: ilocarib@ilo.org

Website: https://www.ilo.org/ilo-caribbean

ORGANIZATION OF AMERICAN STATES (OAS)

TRINIDAD AND TOBAGO OFFICE (OASTT) 15 Wainwright Street

St. Clair, Trinidad Tel: (868) 622-9272

Email: oastrinidadandtobago@oas.org

Website: www.oas.org

REGIONAL JUDICIAL AND LEGAL SERVICES COMMISSION (RJLSC)

The Honourable Mr. Justice Adrian Saunders

Chairman

2nd Floor, 134 Henry Street

Port of Spain, Trinidad Tel: (868) 623-8376; 612-5225

Fax: (868) 625-4004

Email: rjlsc@rjlsc.org

Website: www.ccj.org

THE PAN AMERICAN HEALTH ORGANIZATION (PAHO), WORLD HEALTH ORGANIZATION (WHO)

Dr. Gabriel Vivas Francesconi

Country Office in Trinidad and Tobago

2nd Floor, Ministry of Health Building

4-6 Queen’s Park East

Port of Spain, Trinidad Tel: (868) 612-2000; 622-4202/5445

Email: e-mail@trt.paho.org

Website: www.paho.org

TRINIDAD AND TOBAGO NATIONAL COMMISSION FOR UNESCO

Debra Lalloo

Secretary General Ministry of Education

Level 5, Tower A 5 St. Vincent Street

Port of Spain, Trinidad Tel: (868) 622-2181 Ext. 2220

Email: unesco.info@moe.gov.tt

Website: www.unesco.org.tt

UNITED NATIONS DEVELOPMENT PROGRAMME (UNDP) (TRINIDAD AND TOBAGO)

Ugo Blanco

UNDP Resident Representative UN House

3A Chancery Lane

Port of Spain, Trinidad Tel: (868) 623-7056

Fax: (868) 623-1658

Email: registryTT@undp.org

Website: www.undp.org/trinidad-and-tobago

UNITED NATIONS ECONOMIC COMMISSION FOR LATIN AMERICA AND THE CARIBBEAN (ECLAC)

Diane Quarless

Director

1 Chancery Lane

Port of Spain, Trinidad Tel: (868) 224-8000/8080

Email: spou-pos@un.org

Website: www.un.org

UNITED NATIONS INFORMATION CENTRE (UNIC)

Liliana Garavito

Director

1st Floor, 1 Chancery Lane

Port of Spain, Trinidad

Tel: (868) 224-8012/15

Email: unic.portofspain@unic.org

Website: www.caribbeanun.org

Honorary Consuls Accredited to The Republic of Trinidad and Tobago

REPUBLIC OF AUSTRIA

Karl Pilstl

Honorary Consul

Blue Haven, Bacolet Bay

P.O. Box 8

Scarborough, Tobago

Tel: (868) 660-7500

Email: kpilstl@yahoo.com

THE COMMONWEALTH OF THE BAHAMAS

Dr. E. Monica Davis

Honorary Consul

P.O. Box 56, St. Vincent Street Port of Spain, Trinidad

Email: thebahamasconsulatett@gmail.com

PEOPLE’S REPUBLIC OF BANGLADESH

Razai Azard Rahaman

Honorary Consul - General

1 Shafik Drive, Cross Crossing San Fernando, Trinidad

Tel: (868) 657-8425

Fax: (868) 652-7108

Email: azard_rahaman@rahamutgroup.com

PEOPLE’S REPUBLIC OF BANGLADESH

Imtiaz Azard Rahaman

Honorary Consul

2 Shafik Drive, Cross Crossing San Fernando, Trinidad Tel: (868) 657-2626

Fax: (868) 652-9377

Email: imtiaz_rahaman@rahamutgroup.com

BARBADOS

Dr. Roosevelt S. Rock

Honorary Consul

16 Jackson Street Curepe, Trinidad

Tel: (868) 636-8696

Email: rooseveltrock@yahoo.com

KINGDOM OF BELGIUM

Paul Jay Williams

Honorary Consul

2 Sixth Avenue

Barataria, Trinidad

Tel: (868) 674-1677

Fax: (868) 675-9831

Email: honoraryconsulbelgium@gmail.com

BELIZE

Thomas Chanona

Honorary Consul Corner Warren and Smart Streets

St. Augustine, Trinidad Tel: (868) 645-4062

Fax: (868) 645-4064

Email: tchanona@kee-chanona.com/ admin@kee-chanona.com

BOTSWANA

Rubindra Debideen

Honorary Consul 13 Cassia Drive, Lady Chancellor, Port of Spain, Trinidad Tel: (868) 627-7700/7770

Email: boss@ultracoolgroup.com

CZECH REPUBLIC

Colin K. N. Baggan

Honorary Consul

C/O Crown Pharmacy 7 Saddle Road San Juan 250708, Trinidad Tel: (868) 638-3908

Email: colinbaggan@gmail.com

KINGDOM OF DENMARK

Ravi R. Dolsingh, LLB, PG, Dip, LPC

Honorary Consul, General Mansfield House, Mansfield Chambers 1st Floor, No. 24 Abercromby Street

Port of Spain, Trinidad Tel: (868) 780-3772

Fax: (868) 627-8191

Email: rav@ravidolsingh.com

REPUBLIC OF FINLAND

Troy Garcia

Honorary Consul

155A Eastern Main Road

Barataria, Trinidad Tel: (868) 638-1277 Ext. 240 Fax: (868) 674-2644

Email: tgarcia6@hotmail.com; officeadmin@partsworldlimited.com

FEDERAL REPUBLIC OF GERMANY

Frank Wünstel

Person of Trust Academy of Jewelry & Art Bucco Point New Integrated Facility Bucco, Tobago Tel: (868) 313-1260

Email: info@ports.diplo.de

GRENADA CONSULAR AND TRADE OFFICE

Elwyn Mc Quilkin

General Consul Grenada House 127 Henry Street Port of Spain, Trinidad Tel: (868) 625-9235

Fax: (868) 624-1257

Email: grenadaconsular@gmail.com

CO-OPERATIVE REPUBLIC OF GUYANA

Vonetta Victor Consul General (Ag) Wainwright Street, St. Clair Port of Spain, Trinidad Tel: (868) 622-2913

Email: consulartt@mission.gov.gy

REPUBLIC OF INDONESIA

Ian Anthony Honorary Consul

Building 5, Christina Courts 33-35 Boissiere No. 1 Maraval, Trinidad Tel/Fax: (868) 628-4818

Email: iananthony@renavatio.net

STATE OF ISRAEL

Barbara Malins-Smith

Honorary Consul

18 La Seiva Terrace, La Seiva Maraval, Trinidad Tel: (868) 785-3054

Email: malinssmith@yahoo.com

REPUBLIC OF LATVIA

Kirby Anthony Hosang

Honorary Consul 112 Saddle Road Maraval, Trinidad Tel: (868) 657-9653 Fax: (868) 653-1331

Email: hosanganthony@gmail.com

LEBANESE REPUBLIC

Amer G. Haidar

Honorary Consul 7 Adam Smith Square Woodbrook, Trinidad Tel: (868) 782-4700

Email: aghaidar3@gmail.com

MALTA

John Hadad

Honorary Consul

HADCO Ltd.

JRJ Warehousing Compound Bhagoutie Trace, San Juan, Trinidad Tel: (868) 675-7628 Ext. 1201

Email: john.hadad@hadcoltd.com

MOROCCO

Mario Sabga-Aboud

Honorary Consul

80 Lower Boundary Road

San Juan, Trinidad Tel: (868) 225-5200

Mobile: (868) 680-3597

Email: mario@pizzaboys.com

NEW ZEALAND

Donald Kelshall

Honorary Consul

31 Alberto Street, Woodbrook Port of Spain, Trinidad Tel: (868) 623-3829

Email: dkelshall@savannahcomputing.com

KINGDOM OF NORWAY

Stuart Jardine K.F.O.

Honorary Consul General 101 St. Anthony’s Drive Westmoorings P.O. Box 13 Port of Spain, Trinidad Tel: (868) 633-7687; 680-6026

Email: norkonpos@gmail.com

ISLAMIC REPUBLIC OF PAKISTAN

Amjad Ali Honorary Consul General LP16 Orange Grove Estate Tacarigua, Trinidad Tel: (868) 640-6595

Fax: (868) 640-6594

Email: amjad@adfoam.com

REPUBLIC OF THE PHILIPPINES

Dr. Marie Magno Advani

Honorary Consul General (Ag.) B41 Ridgewood Towers Four Roads, Diego Martin c/o Caribbean Partnerships Co. Ltd. Port of Spain, Trinidad Tel: (868) 633-2988

Email: philhoncongentt@gmail.com

REPUBLIC OF POLAND

David Lewis

Honorary Consul

Lot 25 Frederick Settlement Industrial Estate Caroni, Trinidad Tel: (868) 645-5522

Fax: (868) 663-0897

Email: davidl@labelhouse.com

REPUBLIC OF PORTUGAL

William A. Ferreira

Honorary Consul Furness House - Second Floor 90 Independence Square P.O. Box 283, Port of Spain, Trinidad Tel: (868) 625-1745/1131

Fax: (868) 625-1243

Email: furness@furnessgroup.com

SLOVAK REPUBLIC (SLOVAKIA)

Lawrence S. Naipaul

Honorary Consul Port Authority of Trinidad and Tobago Administration Building 1st Floor, Dock Road Port of Spain, Trinidad Tel: (868) 625-6273

Email: lsnaipaul@msn.com

SLOVENIA

Om Lalla

Honorary Consul c/o K R Lalla & Co. 9 St. Vincent Street Port of Spain, Trinidad Tel: (868) 625-5074

Fax: (868) 625-6110

Email: omlalla@krlalla.com

REPUBLIC OF SURINAME

Jerome Khan

Honorary Consul

Villa 42, Spanish Villas 16 Foncette Road, Cascade Port of Spain, Trinidad Tel: (868) 680-7254

Email: jeromekhan.slm@gmail.com

KINGDOM OF SWEDEN

David O’ Brien

Honorary Consul c/o Massy Motors, Lady Young Road

Morvant, Trinidad Tel: (868) 674-4200 Ext. 1103 Fax: (868) 674-7761; 675-6523

Email: david.obrien@massygroup. com

THE SWISS CONFEDERATION

Simone Gillette

Honorary Consul 25 Queen’s Park West Port of Spain, Trinidad Tel: (868) 201-7947

Email: portspain@honrep.ch

SYRIAN ARAB REPUBLIC

Marwan Yousef

Honorary Consul 15 Queen Street Arima, Trinidad Tel: (868) 667-3927 Fax: (868) 667-7019

Email: syrianconsolatect@gmail.com

KINGDOM OF THAILAND

Murray Thomas Williams 16-24 Sixth Avenue

Barataria, Trinidad Tel: (868) 674-1600 Ext. 180

Email: honoraryconsulthailand@ gmail.com

REPUBLIC OF UGANDA

Dr. Dinesh Mor

Honorary Consul 70 Pembroke Street, Port of Spain

Trinidad Tel: (868) 625-4366

Email: dinesh12mor@gmail.com

Embassies and Diplomatic Missions

APOSTOLIC NUNCIATURE

His Excellency the Most Reverend Santiago De Wit Guzmán

Titular Archbishop of Gabala

Apostolic Nuncio

11 Mary Street, St. Clair

Port of Spain, Trinidad Tel: (868) 622-5009/6359

Fax: (868) 222-9814

Email: apnuntt@googlemail.com

Embassy of the Argentine Republic

Mr. Nicolás H. Labraña

Chargé d’ Affaires

4th Floor, Tatil Building 11 Maraval Road

Port of Spain, Trinidad Tel: (868) 628-7557/7587

Fax: (868) 628-7544

Email: etrin@mrecic.gov.ar

HIGH COMMISSION FOR THE COMMONWEALTH OF AUSTRALIA

Her Excellency Sonya Koppe

High Commissioner

18 Herbert Street, St. Clair

Port of Spain, Trinidad Tel: (868) 822-5450; 35-7956

Email: ahc.portofspain@dfat.gov.au

Website: trinidadandtobago.embassy. gov.au

EMBASSY OF THE FEDERATIVE REPUBLIC OF BRAZIL

Her Excellency Maria Elisa Teófilo de Luna

Ambassador Extraordinary and Plenipotentiary

18 Sweet Briar Road, St. Clair

Port of Spain, Trinidad Tel: (868) 622-5779/5771

Fax: (868) 622-4323

Email: brasemb.portspain @itamaraty.gov.br

HIGH COMMISSION OF CANADA

His Excellency Arif Keshani

High Commissioner

3-3A Sweet Briar Road, St. Clair

Port of Spain, Trinidad

Tel: (868) 622-6232

Fax: (868) 628-2581

Email: pspan@international.gc.ca

Website: canadainternational.gc.ca

EMBASSY OF THE REPUBLIC OF CHILE

His Excellency Hernán Núñez

Montenegro

Ambassador Extraordinary and Plenipotentiary

4 Alexandra Street, St. Clair

Port of Spain, Trinidad

Tel: (868) 628-0540/4763

Fax: (868) 622-9894

Email: echilett@minrel.gob.cl

EMBASSY OF THE PEOPLE’S REPUBLIC OF CHINA

His Excellency Fang Qui

Ambassador Extraordinary and Plenipotentiary

76 Long Circular Road, Maraval, Trinidad

Tel: (868) 622-1832; 628-6417

Fax: (868) 622-7613

Email: chinaemb_tt@mfa.gov.cn

Website: tt.china-embassy.org/eng

EMBASSY OF THE REPUBLIC OF COLOMBIA

His Excellency William Sidney Bush Howard

Ambassador Extraordinary and Plenipotentiary

4th Floor, Newtown Centre

30-36 Maraval Road

Port of Spain, Trinidad

Tel: (868) 628-5656; 222-2275

Email: eptoespana@cancilleria.gov.co

Embassy of the Republic of Cuba

His Excellency Gustavo Daniel Véliz

Olivares

Ambassador Extraordinary and Plenipotentiary

Address: 74 Elm Street

Bayshore, Westmoorings

Port of Spain, Trinidad

Phone: (868) 633-3268; 632-8691

Email: cubasec.tt@gmail.com or embajada@tt.embacuba.cu

EMBASSY OF THE DOMINICAN REPUBLIC

His Excellency Wellington Darío Bencosme Casataños

Ambassador Extraordinary and Plenipotentiary

11 Albion, Corner Dere & Albion Streets

Port of Spain, Trinidad Tel: (868) 220-6955

Email: embadomtt@mirex.gob.do

DELEGATION OF THE EUROPEAN UNION TO TRINIDAD AND TOBAGO

His Excellency Peter Cavendish

Ambassador Extraordinary and Plenipotentiary

5th Floor, 11 Queen’s Park East 101002, Port of Spain, Trinidad Tel: (868) 622-6628

Fax: (868) 622-6355

Email: delegation-trinidad-and-tobagohod@eeas.europa.eu

Website: eeas.europa.eu/delegations/ trinidad-and-tobago_en

EMBASSY OF THE FRENCH REPUBLIC

His Excellency Didier Chabert Ambassador Extraordinary and Plenipotentiary

7 Mary Street, St. Clair

Port of Spain, Trinidad Tel: (868) 232-4808

Fax: (868) 628-2632

Email: info@ambafrance-tt.org

Website: tt.ambafrance.org/-English-

EMBASSY OF THE FEDERAL REPUBLIC OF GERMANY

His Excellency Dr. Christophe Nicolas Eick

19 St. Clair Avenue, St. Clair

Port of Spain, Trinidad Tel: (868) 628-1630/1632

Email: info@ports.diplo.de

Website: port-of-spain.diplo.de /tt-en/embassy

GRENADA CONSULAR AND TRADE OFFICE

General Consul

Mr. Elwyn Mc Quilkin

Grenada House

127 Henry Street

Port of Spain, Trinidad Tel: (868) 625-9235

Fax: (868) 624-1257

Email: grenadaconsular@gmail.com

HIGH COMMISSION FOR THE COOPERATIVE REPUBLIC OF GUYANA

Ms. Vonetta S. Victor

Consul General (Ag)

Wainwright Street, St. Clair

Port of Spain, Trinidad Tel: (868) 622-2913

Email: consulartt@mission.gov.gy

HIGH COMMISSION FOR THE REPUBLIC OF INDIA

His Excellency Dr. Pradeep Singh

Rajpurohit

High Commissioner

6 Victoria Avenue

Port of Spain, Trinidad

Tel: (868) 225-4340

Fax: (868) 225-4248

Email: hcipos.hc_ss@yahoo.com

Website: hcipos.gov.in

HIGH COMMISSION FOR JAMAICA

Her Excellency Natalie CampbellRodriques

High Commissioner

2 Newbold Street, St. Clair

Port of Spain, Trinidad

Tel: (868) 622-4995-7

Email: jamaica@jhcpos.org

EMBASSY OF JAPAN

His Excellency Yutaka Matsubara Ambassador Extraordinary and Plenipotentiary

5 Hayes Street, St. Clair

Port of Spain, Trinidad Tel: (868) 628-5991/5993

Fax: (868) 622-0858

Email: embassyofjapan@po.mofa.go.jp Website: tt.emb-japan.go.jp/itprtop_en/ index.html

EMBASSY OF THE REPUBLIC OF KOREA

His Excellency OH Dong-il Ambassador Extraordinary and Plenipotentiary

36 Elizabeth Street, St. Clair Port of Spain, Trinidad Tel: (868) 622-9081/1069

Fax: (868) 628-8745

Email: trinidad@mofa.go.kr

Website: overseas.mofa.go.kr/tt-en/ index.do

EMBASSY OF THE KINGDOM OF THE NETHERLANDS

His Excellency Cornelis Wilhelmus Hersbach

Ambassador Extraordinary and Plenipotentiary

Trinre Building

69-71 Edward Street

Port of Spain, Trinidad

Tel: (868) 625-1210

Fax: (868) 625-1704

Email: por@minbuza.nl Website: https://netherlandsandyou.nl/ web/trinidad-and-tobago/about-us/

HIGH COMMISSION FOR THE FEDERAL REPUBLIC OF NIGERIA

Mrs. Esther Gomo

Chargé d’Affaires a.i.

3 Maxwell-Phillip Street, St. Clair Port of Spain, Trinidad Tel: (868) 622-4002

Fax: (868) 622-7162

Email: nhc.nigtt@gmail.com

EMBASSY OF THE REPUBLIC OF PANAMA

Her Excellency Selvia Edith Miller-Palmer

Ambassador Extraordinary and Plenipotentiary

7 Ground Floor, Gray Street, St. Clair Port of Spain, Trinidad Tel: (868) 628-9956 / 9957

Fax: (868) 622-8992

Email: embpanamatyt@mire.gob.pa

EMBASSY OF THE REPUBLIC OF PERU

Her Excellency Claudia Betalleluz Ambassador Extraordinary and Plenipotentiary

4 Trinidad Crescent, Federation Park Port of Spain, Trinidad Tel: (868) 221-8642/2939

Email: missiontt@embassyofperutt.net

EMBASSY OF THE KINGDOM OF SPAIN

His Excellency Fernando Nogales Álvarez

Ambassador Extraordinary and Plenipotentiary

7th Floor, Tatil Building 11 Maraval Road

Port of Spain, Trinidad Tel: (868) 625-7938; 628-2560; 622-1151 Ext. 237

Fax: (868) 622-3032

Email: emb.puertoespana@maec.es

CONSULATE OF SURINAME

Jerome Khan

Honorary Consul

PO Box 437, Port of Spain, Trinidad Tel: (868) 680-7254

Email: jeromekhan.slm@gmail.com

EMBASSY OF THE REPUBLIC OF TURKEY

Her Excellency Bengü Yiğitgüden

Ambassador Extraordinary and Plenipotentiary

4 Scott Street, St. Clair

Port of Spain, Trinidad Tel: (868) 609-3066

Email: embassy.portofspain@mfa.gov.tr

HIGH COMMISSION FOR THE UNITED KINGDOM OF GREAT BRITAIN AND NORTHERN IRELAND

Her Excellency Harriet Cross High Commissioner 19 St Clair Avenue, St. Clair Newtown 190125

Port of Spain, Trinidad Tel: (868) 350-0444

Fax: (868) 622-4555

Email: generalenquiries.ptofs@ fcdo.gov.uk

Website: gov.uk/world/organisations/ british-high-commission-trinidad-andtobago

EMBASSY OF THE UNITED MEXICAN STATES

His Excellency Victor Hugo Morales Meléndez

Ambassador Extraordinary and Plenipotentiary 12 Hayes Street, St. Clair

Port of Spain, Trinidad Tel: (868) 622-1422

Fax: (868) 628-8488

Email: embttobago@sre.gob.mx

EMBASSY OF THE UNITED STATES OF AMERICA

Her Excellency Candace A. Bond

Ambassador Extraordinary and Plenipotentiary 15 Queen’s Park West

Port of Spain, Trinidad Tel: (868) 622-6371/6376

Fax: (868) 822-5905

Email: POSexecutiveoffice@state.gov

Website: tt.usembassy.gov/ THE EMBASSY OF THE BOLIVARIAN REPUBLIC OF VENEZUELA

His Excellency Álvaro Enrique Sánchez Cordero

Ambassador Extraordinary and Plenipotentiary

16 Victoria Avenue

Port of Spain, Trinidad

Tel: (868) 627-9821/9823/9824

Fax: (868) 624-2508

Email: embve.ttpsp@mppre.gob.ve

The Government of Trinidad and Tobago

THE OFFICE OF THE PRESIDENT

Circular Road, St Ann’s, Port of Spain, Trinidad Tel: (868) 225-4687

Email: otp.mail@otp.gov.tt

Website: www.otp.tt

OFFICE OF THE PRIME MINISTER

White Hall, No. 29 Maraval Road

Queen’s Park West, Port of Spain, Trinidad Tel: (868) 622-0644/1625

Email: pmsec@opm.gov.tt Website: www.opm.gov.tt

OFFICE OF THE PARLIAMENT

Parliamentary Complex, Cabildo Building St. Vincent Street, Port of Spain, Trinidad Tel: (868) 624-7275

Fax: (868) 624-4672

Email: webmaster@ttparliament.org Website: www.ttparliament.org

MINISTRY OF AGRICULTURE, LAND AND FISHERIES

Corner Narsaloo Ramaya Marg Road & Soogrim Street

Chaguanas, Trinidad Tel: (868) 220-6253

Email: malfminister@gov.tt Website: https://agriculture.gov.tt/

MINISTRY OF THE ATTORNEY GENERAL AND LEGAL AFFAIRS

AGLA Tower, The Government Campus Plaza Corner London & Richmond Street

Port of Spain, Trinidad Tel: (868) 223-2452

Fax: (868) 226-5145

Email: rarmour@ag.gov.tt Website: www.agla.gov.tt

MINISTRY OF DIGITAL TRANSFORMATION

Level 7, NALIS Building, 23 Abercromby Street

Port of Spain, Trinidad Tel: (868) 623-9081; 623-4724

Fax: (868) 624-4216

Email: hassel.bacchus@mpa.gov.tt Website: www.mdt.gov.tt

MINISTRY OF EDUCATION

Education Towers, Level 15

No. 5 St. Vincent Street, Port of Spain, Trinidad Tel: (868) 622-2181

Fax: (868) 624-2035

Email: minsecretariat@moe.gov.tt Website: www.moe.gov.tt

MINISTRY OF ENERGY AND ENERGY INDUSTRIES Levels 15 & 22-26, Tower C International Waterfront Centre 1 Wrightson Road Port of Spain, Trinidad Tel: (868) 225-4334

Fax: 622-3635

Email: SYoung@energy.gov.tt Website: www.energy.gov.tt

MINISTRY OF FINANCE

Eric Williams Finance Building

Independence Square, Port of Spain, Trinidad Tel: (868) 627-5633

Fax: (868) 625-8354

Email: mofsecretariat@gov.tt Website: www.finance.gov.tt

MINISTRY OF FOREIGN AND CARICOM AFFAIRS

St. Clair Circle, St. Clair, Port of Spain, Trinidad Tel: (868) 623-6894; 285-5029

Fax: (868) 623-5853

Email: minister@foreign.gov.tt Website: www.foreign.gov.tt

MINISTRY OF HEALTH

CHIC Building, 63 Park Street

Port of Spain, Trinidad Tel: (868) 623-2741

Fax: (868) 627-2139

Email: terrence.deyalsingh@health.gov.tt Website: www.health.gov.tt

MINISTRY OF HOUSING AND URBAN DEVELOPMENT

HDC Building, 44-46 South Quay

Port of Spain, Trinidad

Tel: (868) 624-1614 Ext. 2146

PBX: (868) 623-4663 Ext. 2171

Fax: (868) 625-2793

Email: info@housing.gov.tt; ttministryofhousingandurbandev@gmail.com Website: www.housing.gov.tt

MINISTRY OF LABOUR

Levels 5 & 6, Tower C

International Waterfront Complex 1 Wrightson Road, Port of Spain, Trinidad Tel: (868) 625-8478 Ext. 1203

Fax: (868) 624-9126

Email: stephenmcclashie@ttparliament.org Website: www.labour.gov.tt

MINISTRY OF NATIONAL SECURITY

Temple Court 1, 31-33 Abercromby Street

Port of Spain, Trinidad Tel: (868) 623-2441/5352

Fax: (868) 625-2820; 627-4930

Email: fhinds@mns.gov.tt

Website: www.nationalsecurity.gov.tt

MINISTRY OF PLANNING AND DEVELOPMENT

Level 14, Eric Williams Financial Complex

Independence Square, Port of Spain, Trinidad Tel: (868) 612-3000 Ext. 2009/2010/1389

Email: pennelopebeckles@ttparliament.org Website: www.planning.gov.tt

MINISTRY OF PUBLIC ADMINISTRATION

Level 7, NALIS Building

Corner Hart and Abercromby Streets

Port of Spain, Trinidad Tel: (868) 623-9081/4724

Fax: (868) 624-4216

Email: westa@gov.tt

Website: www.mpa.gov.tt

MINISTRY OF PUBLIC UTILITIES

One Alexandra Place, 1 Alexander Street St. Clair, Newtown, Port of Spain 190129, Trinidad Tel: (868) 628-9500 Ext. 6303

Fax: (868) 628-5467

Email: mgonzales@mpu.gov.tt Website: www.mpu.gov.tt

MINISTRY OF RURAL DEVELOPMENT AND LOCAL GOVERNMENT

Kent House, Long Circular Road, Maraval Port of Spain, Trinidad Tel: (868) 622-4713; 628-1323 Ext. 3102/3 Fax: (868) 622-8202

Email: falrawi@ttparliament.org

Website: www.rdlg.gov.tt

MINISTRY OF SOCIAL DEVELOPMENT AND FAMILY SERVICES

Colonial Life Building

39-43 St. Vincent Street, Port of Spain, Trinidad Tel: (868) 623-2608 Ext. 5607

Fax: (868) 625-6095

Email: donna.cox@social.gov.tt Website: www.social.gov.tt

MINISTRY OF SPORT AND COMMUNITY DEVELOPMENT

Level 20, Nicholas Towers

63-65 Independence Square, Port of Spain, Trinidad Tel: (868) 627-6322; 625-6088 Ext. 5113

Fax: (868) 627-1941

Email: minsecretariat_cdca@gov.tt Website: www.mscd.gov.tt

MINISTRY OF TOURISM, CULTURE AND THE ARTS

Levels 8 & 9, Tower C

International Waterfront Complex

1 Wrightson Road, Port of Spain, Trinidad

Tel: 624-1403 Ext. 223

Fax: 624-6737

Email: randall.mitchell@gov.tt

Website: www.mtca.gov.tt

MINISTRY OF TRADE AND INDUSTRY

Level 17, Nicholas Towers

63-65 Independence Square, Port of Spain, Trinidad

Tel: (868) 627-3300

Fax: (868) 627-8488

Email: pgsscoon@ttparliament.org

Website: www.tradeind.gov.tt

MINISTRY OF WORKS AND TRANSPORT

Level 6, Main Administrative Building

2-4 London Street, Port of Spain 100623, Trinidad

Tel: (868) 625-2643; 624-3541

Fax: (868) 625-8070

Email: rsinanan@mowt.gov.tt

Website: www.mowt.gov.tt

MINISTRY OF YOUTH DEVELOPMENT AND NATIONAL SERVICES

2 Elizabeth Street, St. Clair, Port of Spain, Trinidad

Tel: (868) 612-9367 Ext. 6001/6012

Fax: (868) 623-5006

Email: minsec.mydns@gov.tt

Website: www.mydns.gov.tt/youth-development

Trinidad and Tobago Missions Abroad

Embassy of the Republic of Trinidad and Tobago to the Kingdom of Belgium and Mission to the European Union

His Excellency Colin Connelly

Ambassador Extraordinary and Plenipotentiary of the Republic of Trinidad and Tobago Chancery 1150 Brussels

Kingdom of Belgium

Tel: +32 2-762-9400 / +32 2-762-9415

Fax: +32 2 772 2783

Email: infobrussels@foreign.gov.tt

Website: https://foreign.gov.tt/ embbrussels

Embassy of the Republic of Trinidad and Tobago, Brasilia

His Excellency Gerard Greene

Ambassador of the Republic of Trinidad and Tobago to the Federative Republic of Brazil

SHIS QL 02

Conjunto 02, Casa 01 Lago Sul, CEP: 71665-028

Brasilia D.F., Brazil

Tel: 011-5561-3365-3466; 011-5561-3365-3525; 011-5561-3365-1132

Fax: 011-5561-3365-3466

Email: trinbagoemb@gmail.comvenue de la Faisanderie 14

Consulate General of the Republic of Trinidad and Tobago, Toronto, Canada

Tracey Ramsubagh-Mannette

Acting Consul General 185 Sheppard Avenue West Toronto, Ontario

M2N 1M9

Canada

Tel: 1-416-495-9442-3; Fax: 1-416-495-6934

Email: congentoronto@foreign.gov, congentoronto@foreign.gov.tt

Website: http://foreign.gov.tt/cgtoronto

High Commission of the Republic of Trinidad and Tobago, Ottawa, Canada

His Excellency Dennis Moses

High Commissioner for the Republic of Trinidad and Tobago to Canada 200 First Avenue

Ottawa, Ontario

Canada K1S 2G6

Canada

Tel: 1-613-232-2418/9

Fax: 1-613-232-4349

Email: hcottawa@foreign.gov.tt

Website: http://foreign.gov.tt/hcottawa

Embassy of the Republic of Trinidad and Tobago, Beijing, China

Her Excellency Analisa Low Ambassador for the Republic of Trinidad and Tobago to Beijing, China Villa 04-03, Section C

Liang Ma Qiao Diplomatic Compound No. 7 Bei Xiao Jie, Liang Ma Qiao Chaoyang District, Beijing 100600

China

Tel: 8610-8532 3432

Fax: 8610-8532 1410

Email: embbeijing@foreign.gov.tt (General queries) embbeijingimmigration@foreign.gov.tt (Immigration matters) embbeijingconsular@foreign.gov.tt (Consular matters)

Embassy of the Republic of Trinidad and Tobago, San José, Costa Rica

Anesa Ali-Rodriguez

Chargé d’Affaires, a.i.

Edificio Torre La Sabana

Segundo Piso

Del ICE 300 Metros Oeste y 25 Norte

Sabana Norte, San José

Costa Rica

Tel: 011-506-2231-0809/2505 5732

Fax: 011-506-2231-1244/2505 5652; 011-506-2505-5601

Email: embttsanjose@foreign.gov.tt

Embassy of the Republic of Trinidad and Tobago, Cuba

Shivani Maharaj

Chargé d’Affaires, a.i. 5TA Avenida No. 6603 Entre 66 Y 68 Miramar, Playa Ciudad de la Havana

Cuba

Tel: 011-537-207-9603 / 011-537-207-9604

Email: embhavana@foreign.gov.tt or ttmissionscuba@gmail.com

High Commission of the Republic of Trinidad and Tobago, Georgetown, Guyana

His Excellency Conrad Enill

High Commissioner for the Republic of Trinidad and Tobago to the Co-operative Republic of Guyana

Lot 21, Peter Rose and Lamaha Streets

Queenstown Georgetown, Guyana

Tel: +592 223-2740

Email: hcgeorgetown@foreign.gov.tt

Website: https://foreign.gov.tt/ hcgeorgetown

High Commission of the Republic of Trinidad and Tobago, New Delhi, India

His Excellency Dr. Roger Gopaul

High Commissioner for the Republic of Trinidad and Tobago to New Delhi, India

B-3/26

Vasant Vihar

New Delhi, 110057

India

Tel: 011-9111-4600-7500

Fax: 011-9111-4600-7505

High Commission of the Republic of Trinidad and Tobago, Kingston, Jamaica

His Excellency Deryck L. Murray

High Commissioner for the Republic of Trinidad and Tobago to Kingston Jamaica 25 Windsor Avenue

Kingston 5

Jamaica

Tel: 1-876-926-5730 / 1-876-926-5739 | 1-876-968-0588

Fax: 1-876-926-5801

Email: hckingston@foreign.gov.tt

Website: http://foreign.gov.tt/hckingston

High Commission of the Republic of Trinidad and Tobago, Abuja, Nigeria

His Excellency Wendell De Landro

High Commissioner for the Republic of Trinidad and Tobago to Abuja, Nigeria

7 Casablanca Street (Off Nairobi Street, Off Aminu Kano Crescent), Wuse II, Abuja, F.C.T.

Nigeria

Tel: 011-234-9-461-1118

Email: hcabuja@foreign.gov.tt

Website: http://foreign.gov.tt/hcabuja

Embassy of the Republic of Trinidad and Tobago, Panama City, Panama

Jerome C. Joseph

Chargé d’Affaires a.i.

Embassy of the Republic of Trinidad and Tobago Hi-Point Offices Building Floors 22 & 23

Avenida Federico Boyd y Calle 51

Bella Vista, Panama City

Panama

P.O. Box 0832-00835

Tel: + 507 388-5800/5801

Email: embttpanama@foreign.gov.tt

Embajada de la República de Trinidad y Tobago, Panama

Edificio Hi-Point Offices Pisos 22 y 23

Avenida Federico Boyd y Calle 51

Bella Vista, Ciudad de Panamá Panamá

Apartado 0832-00835

Tel: + 507 388-5800/5801

Email: embttpanama@foreign.gov.tt

High Commission of the Republic of Trinidad and Tobago, Pretoria, South Africa

His Excellency Dr. Lovell Francis

High Commissioner for the Republic of Trinidad and Tobago to Pretoria

South Africa

258 Lawley Street Waterkloof Pretoria, 0181

South Africa

Tel: +27 (0)12-460-9688

Email: hcpretoria@foreign.gov.tt

For all consular related enquires: hcpretoriaconsular@foreign.gov.tt

Website: http://foreign.gov.tt/hcpretoria

Permanent Mission of the Republic of Trinidad and Tobago to the United Nations, Geneva, Switzerland

Allison St. Brice

Chargé d’Affaires a.i.

37-39 Rue de Vermont 1202 Geneva, Switzerland

Tel: 011-4122-918-0380; 011-4122-918-0390

Fax: 011-4122-734-9138; 011-4122-734-8826

Email: prungeneva@foreign.gov.tt Website: http://foreign.gov.tt/prungeneva

High Commission of the Republic of Trinidad and Tobago, London, United Kingdom

His Excellency Vishnu Dhanpaul

High Commissioner for the Republic of Trinidad and Tobago to the United Kingdom of Great Britain and Northern Ireland

42 Belgrave Square London, SW1X 8NT

United Kingdom

Tel: 01-144207-245-9351; 01-144-207-201-9650

Fax: 01-144-207-823-1065

Email: hclondon@foreign.gov.tt

Website: http://foreign.gov.tt/hclondon

Consulate General of the Republic of Trinidad and Tobago, Miami, USA

1000 Brickell Avenue

Suite 800 Miami FL 33131-3047

United States

Tel: 1-305-374-2199

Fax: 1-305-374-3199

Email: consulatemiami@foreign.gov.tt

Website: http://foreign.gov.tt/cgmiami

Consulate General for the Republic of Trinidad and Tobago, New York , USA

J. André Laveau

Consul General

125 Maiden Lane, 4th Floor

New York, N.Y. 10038

United States

Tel: 1-212-682-7272

Fax: 1-212-232-0368

Email: cgnyconsulateinfo@foreign.gov.tt

Website: http://foreign.gov.tt/cgnewyork

Embassy of the Republic of Trinidad and Tobago, Washington D.C., USA Permanent Mission of the Republic of Trinidad and Tobago to the Organization of American States

His Excellency Brigadier General Ret. Anthony Phillips-Spencer Ambassador of the Republic of Trinidad and Tobago

1708 Massachusetts Avenue N.W. Washington D.C. 20036-1975

United States Tel: 1-202-467-6490/3

Fax: 1-202-785-3130

Email: embdcinfo@foreign.gov.tt; embdcimmigration@foreign.gov.tt

Website: http://www.foreign.gov.tt/ embwashington

Permanent Mission of the Republic of Trinidad and Tobago to the United Nations, New York, USA

His Excellency Dennis Francis Ambassador for the Republic of Trinidad and Tobago to the United Nations, New York, United States of America

633 Third Avenue

12th Floor

New York, N.Y., 10017

United States

Tel: 1-212-697-7620

Direct Line: 1-646-589-8202

Fax: 1-212-682-3580

Email: prunny@foreign.gov.tt or pmun-ny@trinbago.org

Embassy of the Republic of Trinidad and Tobago, Caracas, Venezuela

His Excellency Major General Ret. Edmund Dillon Ambassador for the Republic of Trinidad and Tobago to the Bolivarian Republic of Venezuela

No. 22-12, Quinta Poshika, 3ra Avenida, Tercera Avenida

Entre 6a y 7a Transversales, Altamira Municipio Autónomo Chacao de Estado Miranda, Caracas

Venezuela

Tel: 011-58-212-261-3748; 011-58-212261-5796; 011-58-212-261-4772

Fax: 011-58-212-261-9801

Email: embassytt@gmail.com or embcaracas@foreign.gov.tt

Caribbean

(CBTT)

(CCIC)

The

The

The

The Human Resource Management Association of Trinidad & Tobago (HRMATT) 16, 22

The Institute of Chartered Accountants of Trinidad and Tobago (ICATT) 14, 16, 20, 21, 22

The

The National Gas Company of Trinidad and Tobago Limited (NGC) 80

The National Insurance Board of Trinidad and Tobago (NIB) 50

The National Insurance Property Development Company Limited (NIPDEC) 58, 63

The New India Assurance Company (Trinidad & Tobago) Limited 119

The Pouch Company 125

The Power Generation Company of T&T Limited (PowerGen) 78

The Supermarkets Association of Trinidad and Tobago (SATT) 15 The Trinidad Building and Loan Association (TBLA) 16, 57

The University of the West Indies (UWI) Health Economics Unit (HEU) 84

The University of the West Indies, St. Augustine Campus (UWI) 136

Tobago Division of the Trinidad and Tobago Chamber of Industry and Commerce (T&T Chamber) 13, 18

Tobago Hotel and Tourism Association (THTA) 17

Tobago