Trisha Shetty (Editor)

InvesTT

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Formed
  
October 2012 (2012-10)

Employees
  
~20 (2016)

InvesTT

Jurisdiction
  
Republic of Trinidad and Tobago

Headquarters
  
Level 19, Nicholas Tower, Independence Square, Port of Spain

Agency executive
  
Moonilal Lalchan, Chairman Shyamal Chandradathsingh, Vice President, Investor Sourcing Stacy Adams, Vice President, Investor Services

Parent agency
  
The Ministry of Trade and Industry of Trinidad and Tobago

Overview

InvesTT Trinidad and Tobago (also known as InvesTT) is an investment promotion agency of the Republic of Trinidad and Tobago founded in October 2012. The agency was formed when 13 separate agencies were combined to form a single one stop shop for investment promotion in Trinidad and Tobago. The agencies were combined to simplify foreign direct investment in the country.

Contents

Sectors of Focus

InvesTT is to lead in the economic transformation of the country through the stimulation of GDP growth in mandated non-oil and gas sectors. The InvesTT mandated sectors as identified by the Government of Trinidad and Tobago in their Development Framework are -

  • Agriculture and Agro-Processing
  • Fishing and Fish Processing
  • Aviation Services - Aircraft Maintenance and Repair
  • Creative Industries - Film, Music, Entertainment, Fashion and Design
  • Maritime - Shipbuilding, Ship Repair, Drydocking and Yachting
  • Software Design and Applications

    • Membership

    InvesTT is a member of the following organizations

  • WAIPA
  • CAIPA - the Caribbean Association of Investment Promotion Agencies.

    • Multinationals in Trinidad and Tobago

    The local business landscape in Trinidad and Tobago has seen the presence of multinational corporations operating in key sectors of the economy. Due to the country's oil and gas reserves and overall strong economic profile, many multinationals have set up operations, notably energy companies however there are several international banks and manufacturing entities located in the country as well. Key MNCs in the country include -

    Awards

  • UNCTAD - Winner of UNCTAD’s Investment Promotion Award for Excellence in Promoting FDI for Sustainable Development 2014
  • Site Selection Magazine - Winner of Site Selection Magazine’s Best to Invest Top Agencies Award 2015 (Latin America and the Caribbean)

    • Services

    InvesTT is the first point of contact for an investor, the agency promises to provide all the necessary and valuable information for the decision process for a specific industry or sector. Its task is also to provide potential investors current data and information on business climate, investment environment and investment opportunities in Trinidad and Tobago.

    InvesTT provides the following services via their Investor Sourcing and Facilitation team:

  • Delivery of key sector information
  • Real Estate surveys
  • Market and investment opportunity identification
  • Value Chain advisory
  • Site visit facilitation
  • Aftercare services (including issue resolution, opportunity identification and policy advocacy)
  • Quality of life information

    • Overseas Offices

    InvesTT Trinidad and Tobago, in partnership with the country's Embassies, High Commissions, Consulates and residing Trade Officers promote Foreign Direct Investment into Trinidad and Tobago.

    There are missions in the following locations:

    References

    InvesTT Wikipedia
    (Text) CC BY-SA