We assist you throughout your decision-making process and until you set up a business in Trinidad and Tobago.
Find out more
Setting up a business in Trinidad and Tobago is quite straight forward.
The Government of the Republic of Trinidad & Tobago (GORTT) encourages foreign direct investment in almost all sectors, with specific focus on the non-energy targeted sectors.
Trinidad and Tobago's success in energy has fueled its rapid development into one of the most industrialized and cost-effective nations in the Caribbean and Central America.
Trinidad and Tobago is a twin island republic situated below the hurricane belt, at the southern-most end of the Caribbean archipelago.
Edan K. Properties manages many complex projects - from purchase to conceptualization, financing and site development. In its role as facilitator, InvesTT has worked alongside Edan K. and played a significant role over the years in the fast-tracking of processes required to implement multi-faceted development projects.
InvesTT facilitated company registration and access to import duty concessions for equipment, engaged the Ministry of Energy & Energy Industries on the placement and inspection of their LPG tanks as well as facilitated smooth entry at Immigration for foreign engineers needed to install equipment and train local staff.
Located in St. Augustine Trinidad, Virtana Inc. is an outsourcing company that delivers high quality robotics software solutions to international technology companies, utilizing engineering graduates based in Trinidad and Tobago.
Peterson chose Trinidad and Tobago as its launchpad to expand their logistics support services for oil and gas companies to the Caribbean region.
The Peterson Group of Companies provides integrated logistics services to the world’s leading players in the oil and gas industry. The Company is considered today to be a global success, with a presence in over 70 countries.
Peterson launched its Trinidad operations in 2014 providing logistical support services to many local oil and gas companies. Here they target management of the entire supply chain inclusive of logistics and transportation.
“The support of InvesTT has been a very positive contribution to the establishment and development of our business in Trinidad and Tobago. The team has always been just a phone call away and managed the support in a professional manner”
By establishing its operations in Trinidad and Tobago, Peterson brings a modern, state-of-the-art concept and system in marine management. Their local logistics supply chain is tightly integrated into its operation which gives Peterson a competitive edge of delivering cost saving and improved environmental performance to many oil and gas customers.
Paramount on Peterson's agenda is training with focus on the transfer of knowledge and skills to local employees, critical to Peterson's operations. The company has a staff of 20 persons comprising mainly of local, skilled labour. If the required skill set is not immediately available in Trinidad, skilled labour is brought in from overseas to conduct training, thus building the local capacity.
Location & Shipping Hub
An Oil & Gas Rich Destination
Critical to the company's start-up was bringing on board their Country Manager, whose role is pertinent to the expansion and the future existence of Peterson’s Integrated Logistics TT Limited. Construction permits and hiring had to be fast-tracked with minimum hassle, as time was of the essence for Peterson’s operation. An enabling and friendly environment was therefore critical to a sucessful start-up.
InvesTT lobbied with the Works Permit Advisory Committee seeking favorable consideration of the work permit application for Peterson’s Country Manager. They took full control and provided hands-on support to Peterson. InvesTT continues to provide aftercare services to Peterson.
Specific areas of assistance from InvesTT which facilitated Peterson's successful set up in the western part of Trinidad and Tobago were:
We do our best to ensure that investors setting up business in Trinidad and Tobago receive a high standard of service from the beginning and throughout their stay here.