LENDEL BETHELMY, PRESIDENT, ASSOCIATION OF PROFESSIONAL ENGINEERS OF TRINIDAD AND TOBAGO (APETT)
ANNA HENDERSON, CHIEF EXECUTIVE OFFICER, AMARANTH BUSINESS SOLUTIONS
Chairman Richard Lewis
Directors
Patricia Lewis
Marie Gurley
Project Co-ordinator
Gillian Henderson
Assistant Vanessa Ramtahal
WHO’S WHO AT 25: Celebrating Success, Embracing the Future
RICHARD LEWIS, CHAIRMAN, PRESTIGE BUSINESS PUBLICATIONS LIMITED
Since our inception,
Who’s Who has stood as a
trusted platform showcasing the best of Trinidad and Tobago’s business community.
This year marks a remarkable milestone for “ Who’s Who in Trinidad & Tobago Business” — our 25th anniversary. A quarter-century of chronicling the visionaries, innovators, leaders, and game-changers who shape our nation’s economic landscape is not just a celebration of time, but of impact.
Since our inception, Who’s Who has stood as a trusted platform showcasing the best of Trinidad and Tobago’s business community. We have borne witness to the evolution of industries, the emergence of new sectors, and the unwavering resilience of our business leaders, even in the face of global uncertainty and local challenges. Through it all, one constant has remained: the drive to build a stronger, more connected, and forward-thinking business environment.
Our 25th anniversary theme, “ Who’s Who at 25: Celebrating Success, Embracing the Future,” reflects the dual nature of this moment. Celebrating Success means recognising bold ideas, enduring enterprises, and the people behind them who have contributed to the
CONTRIBUTORS
DR. KONGSHIEK ACHONG LOW
Executive Chairman
Medcorp Limited
MALA BALIRAJ
Chairperson
The Energy Chamber of Trinidad and Tobago
ADRIAN BEHARRY
Assistant Professor In Practice, Centre for Maritime and Ocean Studies
The University of Trinidad and Tobago (UTT)
TREVOR BENJAMIN
Senior Instructor, Aviation Campus
The University of Trinidad and Tobago (UTT)
LENDEL BETHELMY
President Association of Professional Engineers of Trinidad and Tobago (APETT)
MARSHA CABALLERO
Chief Executive Officer
The Institute of Chartered Accountants of Trinidad and Tobago (ICATT)
SHAWN CLARKE
General Manager
Amplia Communications Limited
KERN DASS
President
fabric of our nation’s economy over the last two and a half decades. It’s about paying tribute to resilience, innovation, and excellence. At the same time, Embracing the Future speaks to our commitment to progress—highlighting the emerging trends, transformative technologies, and fresh leadership that will define the next chapter of Trinidad and Tobago’s business story. This theme is not just retrospective; it is aspirational. It invites all stakeholders—established leaders and new entrants alike—to look ahead with clarity, confidence, and ambition.
To our loyal readers, advertisers, contributors, and business partners— thank you for being an integral part of this journey. Your support has allowed Who’s Who to serve as a cornerstone of business networking and visibility in Trinidad and Tobago. As we turn the page on our first 25 years, we are excited to continue evolving to meet the needs of a dynamic business community, both locally and globally.
Here’s to the next 25—and to the people and enterprises who continue to shape our nation’s future.
NESC Technical Institute (NESC-TI)
LISAAN DIPCHAN
Lead Coach/Managing Director Mindful Resolutions
ANNA HENDERSON
Chief Executive Officer
Amaranth Business Solutions Limited
DR. AVA MAXAM
Director
Institute of Marine Affairs (IMA)
HIS EXCELLENCY VÍCTOR HUGO MORALES
MELÉNDEZ
Ambassador Extraordinary and Plenipotentiary Embassy of The United Mexican States in Trinidad and Tobago
DALE PARSON
President
Trinidad and Tobago Manufacturers’ Association (TTMA)
GAYLE PAZOS
President
Bankers Association of Trinidad and Tobago (BATT)
TROY PERSAD
President
Shipping Association of Trinidad and Tobago (SATT)
KURLEIGH PRESCOD
Chief Executive Officer
Telecommunications Authority of Trinidad and Tobago (TATT)
DR. STEVE J. RAJPATTY
Chairman and Chief Executive Officer
Atlantic Project Consultants Limited (APCL)
DR. RANDY SEEPERSAD
Criminologist and Coordinator
The Criminology Unit
The University of The West Indies (UWI)
SALLY SINGH
President
Association of Real Estate Agents (AREA)
CHRISTOPHER WOODHAMS
Chief Executive Officer
Beacon Insurance
DARYL YOUNG
General Manager – Regional Business,
Automotive Sector
Ansa McAL
Open for Business: Unlocking a Bold New Era for T&T
SENATOR
THE HONOURABLE
SATYAKAMA MAHARAJ MINISTER OF TRADE, INVESTMENT AND TOURISM
This new era presents an unprecedented opportunity to redefine our economic trajectory and solidify Trinidad and Tobago’s position as a regional leader in trade, business and investment.
It is with immense privilege and a profound sense of responsibility that I address you in my new capacity as Minister of Trade, Investment, and Tourism. Having spent over 45 years building and growing a local brand to enter and compete successfully at the international level, I understand firsthand that building a global brand is no easy task to achieve. It requires dynamism, resilience, and boundless determination to fully achieve one’s potential.
This new era presents an unprecedented opportunity to redefine our economic trajectory and solidify Trinidad and Tobago’s position as a regional leader in trade, business and investment. To achieve this, the Ministry of Trade, Investment and Tourism remains resolute in creating a business environment that is conducive to growth, sustainability and global competitiveness. We continue to streamline our trade facilitation processes, enhance support for exporters and Micro, Small, and Medium Enterprises (MSMEs), and foster stronger public-private sector collaboration.
While our traditional energy sector remains vital, we also recognise the immense potential within our non-energy sector. The imperative for economic diversification is now clearer than ever. My vision for our nation’s economic future is one of aggressive expansion, strategic partnerships, and a relentless focus on creating an environment where businesses not only survive but truly thrive. We are also empowering our local producers to differentiate their products and services through value, not just price, and to penetrate new markets with world-class products.
Tourism is also a crucial pillar of our economic diversification strategy, and we are committed to unlocking its full potential. This involves upgrading hotels in Trinidad and Tobago, enhancing our room stock, and exploring niche areas such as medical, eco and sports tourism. We believe that by positioning tourism strategically, we can create significant economic benefits and employment opportunities.
We are focused on dismantling bureaucratic hurdles and digitising processes to create a seamless, efficient, and investor-friendly environment. Our aim is to ensure that Trinidad and Tobago is not just competitive, but truly a preferred destination for both local and foreign investment. This means streamlining everything from cargo clearance to online payments and ensuring robust connectivity across government services.
CARICOM remains a vital market, but we are also looking further afield. The Ministry is focused on forging new trade agreements and exploring vast, untapped markets, particularly within Latin America and the African continent, where significant duty-free opportunities await our exporters. We are leading targeted trade missions to unlock these new frontiers for our manufacturers and service providers.
To the business leaders, entrepreneurs, and investors, your innovation, resilience, and dedication are the driving forces behind our nation’s economic progress. The Government remains a committed partner on your journey, and we look forward to collaborating with you to build a stronger, more diversified, and future-ready Trinidad and Tobago. Our clarion call is that Trinidad and Tobago is open for business!
On behalf of the Government of Trinidad and Tobago, I congratulate Prestige Business Publications on the 25th anniversary of this reputable publication, which celebrates the success of local businesses and the visionary leaders behind them.
Ministry of Trade, Investment and Tourism
Level 17 Nicholas Tower
63-65 Independence Square
Port of Spain, Trinidad Tel: (868) 623-2931-4
Email: mti-info@gov.tt
Website: tradeind.gov.tt
Tobago House of Assembly (THA)
Hochoy Charles Administrative Complex
62-64 Calder Hall Road, Scarborough 900408, Tobago
very step counts on the pathway towards greatness, and Tobago is striding forward with pride, precision, and purpose. Our vision for this little island is clearer, bolder, and more ambitious than ever before. And we stand ready to transform that vision into a reality for our people, as well as future generations to come.
In Fiscal 2026, we will continue to prioritise the development of the tourism and creative sector. Through targeted investment and smart positioning, we aim to unlock this sector’s potential to stimulate economic growth, create jobs, and boost foreign exchange earnings.
We are also sowing new seeds in Tobago’s agriculture sector. This is another vital area that must be strategically developed. We are, therefore, equipping our farmers with cutting-edge training through the Tobago Agriculture Research Institute (TARI), and enhancing production with our Mega-Farming initiative, all anchored in a sustainability-first approach.
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
For more than three decades, AMCHAM T&T has been a reliable partner to both the public and private sectors, helping businesses navigate the regulatory and economic landscape, fostering meaningful public-private dialogue, and connecting our members to regional and international networks that spark innovation and investment.
Our work is rooted in the belief that Trinidad and Tobago can be one of the most attractive and competitive places to do business in the hemisphere. From enabling more efficient trade facilitation to supporting transparency and the rule of law, we are committed to shaping a business environment that is predictable, responsive, and investor-friendly.
In today’s global economy, this also means helping companies futureproof their operations. As the world becomes increasingly digital, Trinidad and Tobago must accelerate its transformation, not only to improve service delivery and competitiveness but also to unlock new avenues for growth. That’s why we are placing a special focus on digital technologies, with Artificial Intelligence (AI) playing a central role in this strategy.
Additionally, much investment will be made in the island’s infrastructure. From coastal protection to road network upgrades, our infrastructure investments are intended to enhance connectivity, efficiency, and climate resilience.
At the same time, our Micro, Small, and Medium Enterprises (MSMEs) are getting a fillip. With the majority of Tobagonian businesses falling under this classification, it is paramount that we empower them with the tools and financial support they need to spark innovation, scale impact, and, most importantly, independently thrive in a competitive world.
Digital transformation remains a critical pillar for us. Tobago is leveraging technology to modernise public services, expand access, and enhance convenience. Equally important is our focus on cultivating a digitally savvy workforce, ready to succeed in an increasingly digital world. Indeed, Tobago is not waiting for a better future; we are busy building it. We are stepping up, standing tall, and surging forward!
We believe that Trinidad and Tobago has the potential to become a high-value tech hub for the region. With our access to international markets and educated workforce, local companies can export tech-driven services and tap into the global digital economy to create quality jobs right here at home.
As a chamber, we are working to bridge the gap between ambition and execution – ultimately bringing together stakeholders across industry, government, and civil society to solve real problems and implement smart, scalable solutions which can benefit everyone. Whether it’s through our advocacy, training programmes, international partnerships, or our flagship events like the Tech Hub Islands Summit (T.H.I.S.), AMCHAM T&T remains committed to driving innovation, expanding opportunity, and positioning Trinidad and Tobago as a leader in the region.
As we look ahead, the challenges are real – but so are the possibilities. Together, let’s build a future that is dynamic, inclusive, and prosperous.
We invite you to partner with us on this journey.
NIRAD TEWARIE CHIEF EXECUTIVE OFFICER
ANNA HENDERSON PRESIDENT
THE HONOURABLE FARLEY CHAVEZ AUGUSTINE
SONJI PIERRE-CHASE PRESIDENT
TVASHTI G. GUYADEEN CHIEF EXECUTIVE OFFICER
he Trinidad and Tobago Chamber of Industry and Commerce (T&T Chamber) extends heartfelt congratulations to the publishers of the “ Who’s Who in Trinidad & Tobago Business” on its 25th Anniversary Celebration. The T&T Chamber thanks the publishers for the opportunity to share in celebrating this important milestone and commends all our valued members who graced the pages of this publication over the past quarter century.
A proud champion of the Trinidad and Tobago’s business community for almost 150 years, the T&T Chamber embraces the theme “Celebrating Success, Embracing the Future”. The Chamber remains steadfast in our commitment to recognising the strides of our visionaries and providing the resources, advocacy, networking opportunities and environment necessary for the success of our membership and the T&T business sector by extension.
As the “Voice of Business”, we represent our members nationally on over forty working groups, task forces, boards, national councils and eleven committees.
Our roadmap includes initiatives to increase economic participation and introduce new opportunities towards a vision of shared prosperity, focusing
CURTIS WILLIAMS CHAIRMAN
TTrinidad 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
on Enhancing Social Infrastructure Provisions via Environmental, Social, and Governance (ESG) mandates; embracing Emerging Technology Opportunities; Enhancing the Adoption of Digital Technology; increasing Innovation Diffusion; Increasing Levels of Entrepreneurism; and developing hidden opportunities for economic advancement and inclusion. All of these point to the necessity to strongly support our Micro, Small, and Medium Enterprises (MSMEs) and untapped sectors via catalytic strategies.
The T&T Chamber’s trade and business development alliances are centred on deepening economic collaboration by boosting trade, business innovation, and cross-cultural partnerships across regions. These alliances collectively seek to strengthen Trinidad and Tobago’s international business linkages, foster knowledge sharing and capacity building, and advance sustainable growth and regional integration as part of a shared strategic vision. This is just one of the mechanisms through which we enhance service delivery to our members.
We invite you to join us as we expand our global footprint for the development of our members and the country.
Tobago Division of the Trinidad and Tobago Chamber of Industry and Commerce (T&T Chamber)
he Tobago Division of the Trinidad and Tobago Chamber of Industry and Commerce congratulates the “Who’s Who in Trinidad & Tobago Business” magazine on achieving 25 years of being at the forefront of recognising the innovation and resilience of industry leaders and the local business community.
At a time when the world is marked by shifting dynamics in global trade and economic volatility, the Chamber remains steadfast in helping Tobago businesses across all sectors to carve their niche in the national space as well as the global landscape.
The Tobago Division, under the astute leadership of Chairman Curtis Williams, continues to distinguish itself as the leading advocate
for the issues affecting the Tobago business community. With an indisputable 89 years of effective representation, the Tobago Division of the T&T Chamber continues to shape policy, provide business education and government-compliance services for its members via its frequent engagements with the Tobago House of Assembly (THA), Central Government, and other key stakeholders.
This is an exciting time in Tobago’s development journey, and we encourage everyone to come on board as the Tobago Division continues to champion initiatives that support innovation, facilitate a thriving environment for growth and development of Tobago businesses and the Tobago society.
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 400+ 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.
In line with our strategic purpose, ‘Building resilience through collaboration for a sustainable energy future’, the Energy Chamber’s advocacy areas continue to be driven by the needs of our membership.
We believe that there are several key strategic imperatives for the future of the energy sector in Trinidad and Tobago:
1. Constant reinvestment to increase national oil and gas production, especially in upstream drilling. This includes the pace at which potential projects move through the development cycle.
2. Significant new investment in decreasing the carbon footprint of our energy sector, propelled by the demand for lower
BALDATH MAHARAJ PRESIDENT
Wcarbon fuels and chemicals, coupled with the challenge of Carbon Border Adjustment Mechanisms (CBAMs).
3. Continued investment in our people: The skills needed in the sector are being transformed through digitisation, automation and artificial intelligence. There must be a greater focus on programmes that invest in training young people entering the industry and retraining the existing workforce.
4. Improving the ease of doing business: this demands that we retool and reform our regulatory and policymaking agencies to ensure that they operate effectively and efficiently.
5. Assisting our service industry to meet the basic HSE requirements of Trinidad and Tobago-based operators through the STOW (Safe TO Work) programme.
6. A deeper focus on process safety and the use of technology in maintaining the industry’s assets and infrastructure.
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 and Trinidad and Tobago.
hen business speaks, it must be heard, and in 2024, the Chaguanas Chamber of Commerce made sure it was. Under my leadership, the Chamber became a leading voice on two issues affecting every business and resident in our borough: traffic congestion and crime. These issues, if not properly dealt with, severely affect business.
We’ve made Chaguanas’ voice impossible to ignore, speaking up on traffic, crime, and business issues that matter most, while driving our business community toward a safer, stronger, and more prosperous future.
We didn’t just talk, we acted. We met with law enforcement and government officials, proposed workable solutions, and kept the conversation alive until it reached the national stage. From prime-time news interviews to front-page headlines, our advocacy earned significant media coverage, amplifying the concerns of our members and making Chaguanas’ voice impossible to ignore.
Chaguanas remains the commercial heartbeat of Trinidad, our shops, offices, factories, and markets powering the national economy. But behind the numbers are people, the entrepreneurs who take risks,
the innovators pushing boundaries, and the community leaders inspiring the next generation. This is the true story of our success.
For the Chamber, celebrating success means more than looking back; it’s about preparing for what’s next. The future demands that we embrace change, adopt new technologies, and champion sustainable, forward-thinking business practices, especially with the exponential growth of artificial intelligence (AI). It also calls for expanding trade and investment, both locally and across borders, to position Chaguanas as a hub of opportunity for the entire Caribbean.
The challenges ahead are real. But so is our determination. Together, we are building a future where business thrives, communities feel safe, and innovation is part of our DNA.
As we step into this next chapter, the Chamber will continue to lead with vision, speak with authority, and act with purpose, ensuring that Chaguanas not only celebrates success but sets the standard for it and rewards and recognises excellence.
MALA BALIRAJ CHAIRPERSON
DR. THACKWRAY DRIVER PRESIDENT & CHIEF EXECUTIVE OFFICER
Trinidad and Tobago Manufacturers’ Association (TTMA)
The Trinidad and Tobago Manufacturers’ Association (TTMA) continues to champion the evolution and resilience of our manufacturing sector. In today’s dynamic global environment, our Micro, Small, and Medium Enterprises (MSMEs) remain the lifeblood of innovation, job creation, and economic diversification.
Support SME Growth: The TTMA aims to foster the growth of SMEs, which make up over 85% of Trinidad and Tobago’s businesses and employ over 200,000 persons directly. To foster new and upcoming SMEs, TTMA’s Pop-Up Shop initiative has emerged as a transformative platform— showcasing local talent across retail, fashion, food and beverage, skincare and home-related sectors. It not only offers these companies prime visibility but also enables direct interaction with customers, fuelling brand growth and consumer insight.
To complement these initiatives, TTMA has partnered with the EXIMBANK of Trinidad and Tobago to launch the Export Action Programme (EAP). This programme provides SMEs with the financial tools, advisory support, and technical assistance needed to strengthen their export readiness. By bridging access to funding with capacity-building, the EAP ensures that more of our SMEs can seize global opportunities and scale sustainably.
TGrow Non-Energy Exports: The TTMA’s primary strategic goal is to increase non-energy exports from TT$6.2 billion at the close of 2024 to TT$10.6 billion by 2030. This represents a conservative 71% increase over the next five years. To accomplish this, TTMA is collaborating with the Government to minimise obstacles at the ports and customs, together with ensuring that Forex is available for manufacturers’ purchase of raw materials. It is noteworthy that Trinidad and Tobago exports have been growing at a steady 18% average year-on-year since 2021. Manufacturing exporters who receive Forex support for raw materials, repatriate 30% additional Forex back into Trinidad and Tobago from actual allocations. This collaboration brings some national relief to the Forex issues facing the country
These strategic interventions are more than just programmes—they are catalysts for inclusive, long-term growth. SMEs and Government/ Manufacturers’ collaboration are not only contributors to Gross Domestic Product (GDP), but engines of entrepreneurship and community development. By fortifying their foundation, we lay the groundwork for a stronger, more diversified manufacturing sector and a more resilient Trinidad and Tobago.
he global business environment continues to evolve, and the economic landscape persistently demands a change in the modus operandi of local businesses. The lessons of the COVID-19 pandemic also remain uppermost in the minds of business leaders, particularly entrepreneurs who were required to rebrand, reshape and retool their business models. Nevertheless, over the past twenty-five years, they have enjoyed good growth and business success.
The level of success that has been ascribed to these local businesses is, in many ways, a direct result of the work that this “Who’s Who in Trinidad & Tobago Business” magazine has featured and motivated them to do better.
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
Your visionary leadership in creating this avenue to significantly propel our members and the services sector up the success ladder is worthy of commendation. Services represent 60% of the national Gross Domestic Product (GDP), and our focus on policy formulation, strengthening of export capacity, and digital transformation of local firms remains a priority. This magazine has contributed to members’ business success over the past twenty-five years, and we remain steadfast in our commitment to continue to work with you.
Happy 25th Anniversary!
DALE PARSONS PRESIDENT
DR. MAHINDRA RAMESH RAMDEEN CHIEF EXECUTIVE OFFICER
DAREN LEE SING CHIEF EXECUTIVE OFFICER
DIANNE JOSEPH PRESIDENT
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
As the national regulator and voice of the accountancy profession, the Institute of Chartered Accountants of Trinidad and Tobago (ICATT) continues to champion excellence, integrity, and future-readiness across the business and public sectors. Our mandate is clear: to uphold the highest standards of professional conduct while positioning the profession to meet evolving national needs and global challenges.
At ICATT, celebrating success means more than recognising milestones. It means acknowledging the professionals - auditors, chief financial officers (CFOs), practitioners, and public servants whose commitment to ethics and competence underpins trust in Trinidad and Tobago’s financial and governance systems.
Over the past year, ICATT has maintained a sharp focus on equipping the profession for relevance and impact in a fast-changing environment, and we are continuing to develop a number of strategic programmes to enhance critical skills in the evolving fiscal landscape. Our regional engagement has also deepened, with active participation in initiatives that advance public financial management, sustainability practices, and ethical governance frameworks across the Caribbean.
Employers’ Consultative Association of Trinidad and Tobago (ECA)
17 Samaroo Road, Aranguez Roundabout North Aranguez, El Socorro, Trinidad 280536
Tel: (868) 675-5873/9388, 638-6463
Fax: (868) 675-6026
Email: communications@ecatt.org
Website: ecatt.org
The Employers’ Consultative Association (ECA) extends heartfelt congratulations to the “Who’s Who in Trinidad & Tobago Business” on its 25th anniversary. This milestone is not just a celebration of time, but a testament to the vision, grit, and resilience of our local businesses and the visionary leaders who continue to propel Trinidad and Tobago forward, many of whom proudly form the ECA’s membership.
At the same time, we expanded our Continuing Professional Development (CPD) offerings through high-impact forums and webinars that explored pressing themes, including artificial intelligence, ethics, financial leadership, and the implementation of international standards. Underpinning all our efforts is a continued commitment to advocating for integrity and transparency, firmly aligning with the global benchmarks set by the recognised bodies such as the International Federation of Accountants (IFAC), the International Ethics Standards Board for Accountants (IESBA) and the International Financial Reporting Standards (IFRS).
We also celebrate the profession’s resilience, its ability to adapt to technological disruption, Environmental, Social, and Governance (ESG) imperatives, and rising stakeholder expectations. From digital transformation to sustainability reporting, finance professionals today are not just record-keepers; they are strategic enablers of progress.
As we honour the accomplishments of the past, ICATT remains future-focused: cultivating a dynamic profession that supports national development, safeguards the public interest, and helps shape a more accountable, inclusive economy.
From modest origins to transformative impact, we recognise the business leaders who, through perseverance and vision, have created enterprises that fuel national development, provide employment, and enrich our communities. Sustainable enterprises are and remain the foundation upon which a resilient and prosperous society is built.
RONALD RAMLOGAN CHIEF EXECUTIVE OFFICER
As we embrace the future, we recognise that true progress is driven by leadership. Today’s leaders must be adaptive, resilient, fearless, and lifelong learners, willing to lead with purpose, passion and selflessness. The ability to guide people through rapid change, emerging technologies, and evolving business models will be the defining feature of successful leadership in the years ahead.
Our future depends on leaders who remain curious, courageous, and committed to continuous growth. Let us all champion that vision together as we collectively strive to build a better Trinidad and Tobago.
MARSHA CABALLERO CHIEF EXECUTIVE OFFICER
MARISSA QUASHIE PRESIDENT
KESTON NANCOO PRESIDENT
TEELUCKSINGH CHIEF EXECUTIVE OFFICER
The Supermarket Association of Trinidad and Tobago (SATT) continues to stand as the unified voice of the retail grocery sector, advocating for a more resilient, efficient and consumer-responsive industry. Since its inception, the Association has championed the development of the national food distribution systems, ensuring that supermarkets remain not only vital providers of essential goods, but also stabilising anchors of food security and economic activity across the nation.
The past year has underscored the profound interconnection between global markets and local realities. Shifts in international supply chains, fluctuating commodity prices, and foreign exchange constraints have presented challenges that ripple through our economy and influence the cost of living. Yet within this evolving landscape, SATT has played a critical role in fostering dialogue between stakeholders, advocating for progressive policies, and working with partners to mitigate the impact on both businesses and consumers.
Looking at the economy more broadly, the introduction of US tariffs has reshaped global trade dynamics, altering the competitiveness of key export markets. For Trinidad and Tobago, these shifts will catalyse the acceleration of local production initiatives, particularly in food and manufacturing, to counterbalance the erosion of export earnings. Businesses, supported by industry associations, have since been driving investment into value-added production, import substitution, and supply chain resilience. This redirection will not only act to cushion the impact of lost foreign exchange revenues but also position local industries to capture greater market share domestically while exploring new regional opportunities.
At its core, the Association recognises that supermarkets are more than points of sale—they are community hubs, employers, and connectors of locally and internationally grown and manufactured products, catering to changing consumer needs. Our members continue to invest in technology, supply chain improvements, and the customer experience.
Looking ahead, SATT remains committed to advancing strategies that strengthen food security, promote sustainable practices, and drive economic inclusivity. In doing so, we reaffirm our responsibility not just to the retail sector, but to the broader national agenda for growth and resilience.
The Supermarket Association of Trinidad and Tobago is proud to be a steadfast partner in the country’s economic journey and will continue to champion the interests of our industry and the people it serves.
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: facebook.com/supermarketassociationTT
AMRIKA
BIONDI BACHEW PRESIDENT
SUDESH RAMKISSOON PRESIDENT
Arima Business Association
Garvin Mc Knight – Vice President c/o Zam Industries
63 Eastern Main Road
D’Abadie, Trinidad
Tel: (868) 331-6404; 685-0441
Email: arimabusinessassociation @yahoo.com
FB: facebook.com/ArimaBusinessAssociation
SALLY SINGH PRESIDENT
Association of Real Estate Agents (AREA)
Devon Fergusson – Vice President Suite A4 Kencita Court
MAINTENANCE AND PROMOTION OF FREE AND FAIR COMPETITION
MR. BEVAN NARINESINGH EXECUTIVE DIRECTOR – FAIR TRADING COMMISSION (FTC)
The Fair Trading Commission (FTC) proudly serves as an independent statutory agency established under the Fair Trading Act of 2006. As the third competition authority to be established in the CARICOM region and one of the more than one hundred functioning competition agencies globally, we are dedicated to fostering a fair and competitive economic landscape in Trinidad and Tobago. Our primary goal is to ensure that all legitimate business enterprises have an equal opportunity to participate in the economy. We firmly believe that competition, when properly safeguarded, fuels innovation, enhances efficiency and expands choice, benefiting both businesses and consumers alike. The FTC works to prevent anti-competitive conduct while complementing broader national policies that encourage market-driven growth. We are focused on cultivating a business environment characterized by free and fair competition, where consumers benefit from high quality goods and services being provided at competitive prices.
We remain dedicated to building public awareness of the value of competition through proactive advocacy and public education initiatives, while also providing practical guidance to stakeholders on how to comply with the law.
As Executive Director of the Fair Trading Commission, I wish to reaffirm our unwavering commitment to promoting fair competition and fostering a vibrant economic environment for all.
Our Key Objectives
1. Ensuring equitable access to economic opportunities for all legitimate business enterprises.
2. Preventing anti-competitive conduct while supporting complementary competition-promoting policies.
3. Enhancing public understanding and appreciation of the benefits of competition.
4. Upholding the highest standards of integrity, professionalism and intellect.
Powers of the FTC
The FTC has certain powers that enables it to carry out its functions, some of which include the power to:
• Carry out investigations
• Summon and examine witnesses.
• Call for, require the production of and examine documents with respect to an investigation.
• Direct an enterprise to take such steps as are necessary and reasonable in the circumstances.
Under the Fair Trading Act, the FTC is empowered to take legal action against any business or individual found to be engaging in anti-competitive practices and failing to take corrective action. Where necessary, the courts may:
• Prohibit the offending conduct.
• Prohibit an agreement from being made or carried out.
• Order that an agreement be modified or terminated.
• Prohibit any specific conditions being attached to transactions.
• Prohibit the acquisition of another company or impose appropriate conditions.
• Impose fines (limited to 10% of annual turnover).
Our Mission
To protect, promote and maintain free and fair competition in the conduct of business in Trinidad and Tobago.
Our Vision
To create an environment which will be characterized by vigorous competition.
Our Mandate
To promote, protect and maintain effective competition while ensuring that competition is not distorted, restricted or prevented in the Trinidad and Tobago market. We remain steadfast in our commitment to building a competitive, inclusive and resilient economy that delivers tangible benefits to businesses, consumers and Trinidad and Tobago as a whole.
Level 12, Nicholas Tower
Independence Square, Port
Spain
Mexico
Mexico: An Automotive Powerhouse
HIS EXCELLENCY VÍCTOR HUGO MORALES MELÉNDEZ
AMBASSADOR EXTRAORDINARY AND PLENIPOTENTIARY
EMBASSY OF THE UNITED MEXICAN STATES IN TRINIDAD AND TOBAGO
ranks as the seventh
largest
producer and
third
largest exporter of vehicles worldwide and holds the number one spot in both categories across Latin America and the Caribbean.
As one of the largest producers and exporters of vehicles globally, Mexico stands as a benchmark and key trading partner in the automotive sector. Its quality, proximity, and reliability position it well to become a preferred supplier for Caribbean markets. Mexico ranks as the seventh largest producer and third largest exporter of vehicles worldwide and holds the number one spot in both categories across Latin America and the Caribbean. Its strategic geographical location further establishes it as a dependable hub for global automotive production.
Global Brands, Local Production Strength
The Mexican automotive industry is made up of 21 light vehicle assembly plants, distributed throughout the national territory, which are operated by the most prestigious international companies such as General Motors, Ford, BMW, Mercedes-Benz, Mazda, Volkswagen, Audi, Toyota, Nissan, Honda, KIA and Stellantis, among others.
The Mexican Association of the Automotive Industry indicates, in its most recent report, that these factories produce four million vehicles per year, 90% of which are destined for export. The most produced and sold models include the Nissan Sentra and Versa, the Toyota Hilux and Corolla, and the Jeep and RAM (part of Stellantis). Also noteworthy are recent-generation electrified models such as the BMW 3 Series Hybrid and the Audi Q5, as well as heavy segment units, such as the Freightliner Cascadia tractor-trailer and Mercedes-Benz Marcopolo buses.
Due to its geographical proximity, the USA market accounts for around 80% of the vehicles exported. In comparison, the remaining 20% is distributed among numerous consumer markets in Europe, Asia, South America and the Caribbean. Other key customers for Mexican vehicles include the United Kingdom, Japan, Australia, South Africa and the Caribbean, with right-hand-drive cars being very popular in these markets.
Revving Up Regional Trade
In 2024, Trinidad and Tobago imported approximately US$1.7 million in passenger cars from Mexico. Five years earlier, it had imported half a million US dollars, illustrating not only an upward trend but also an opportunity to leverage the geographical proximity and competitive prices that Mexico offers, benefiting Trinbagonian consumers and local companies. Mexican exporters are known for their hospitality and efficiency, which facilitates trade transactions.
The industrial strength and international prestige of the brands assembled in Mexico offer Trinidad and Tobago, compared to other vendors, a strategic opportunity to diversify its automotive suppliers. Committing to Mexican vehicles not only grants access to high-quality models with global backing, but also to exploring new possibilities for competitive pricing, right-hand-drive customised models and a closer commercial relationship with Latin America.
Importing these vehicles from Mexico can reduce the final consumer price locally by more than 7%. These savings can be even greater for cargo vehicles or pickups, representing a measurable opportunity for local distributors and institutional buyers interested in optimising costs through closer and more efficient trade ties to Mexico. The road to a new era of mobility in Trinidad and Tobago begins with Mexico.
His Excellency Víctor Hugo Morales Meléndez Ambassador Extraordinary and Plenipotentiary
Embassy of The United Mexican States in Trinidad and Tobago 12 Hayes Street, St. Clair, Port of Spain, Trinidad T: (868) 622-1422 | F: (868) 628-8488 E: embttobago@sre.gob.mx
Since the early 2000s, Trinidad and Tobago’s aviation sector has undergone a steady transformation, driven by global developments, regional integration, and national development goals. From the modernisation of Piarco International Airport to advances in airport infrastructure, technology, and the strengthening of aviation policy and regulatory frameworks, the sector has consistently aligned itself with international standards while navigating local realities.
Welcome Aboard Starts on Arrival Progress, however, has been incremental.
Trevor Benjamin—who has over four decades of experience in aviation—said the sector’s evolution has been “slow, but steady.” “While connectivity efforts have been ongoing, real progress requires investment in both infrastructure and talent,” he added. “You need the right infrastructure to attract airlines, along with competent people to manage these operations effectively.”
Although he applauded recent upgrades such as the new terminal at the ANR Robinson International Airport in Tobago, Benjamin warned that infrastructure alone is not enough. “A hassle-free terminal experience is key to creating journeys passengers remember.
From arrival, travellers should feel safe and welcome, supported by better signage, accessible services for persons with disabilities (like the Hidden Disabilities Sunflower scheme), and stress-reducing amenities.”
He pointed out, however, that the entire travel experience must work in sync. “We also need international-branded hotels, streamlined airport operations, and well-trained hospitality staff.”
Flight Plan for Future Growth
To encourage new airlines to expand their operations here, he proposed creative strategies, such as reducing landing fees during off-peak hours, to boost airline profitability.
Additionally, Benjamin notes that recent visa policy changes in key markets have created new opportunities for Trinidad and Tobago to
T&T’s Aviation Sector: Cleared for Takeoff
BY BAVINA SOOKDEO
Trinidad and Tobago has the potential to become a regional aviation centre, not only for passenger traffic, but beyond that for cargo, logistics, and aircraft maintenance.
attract aviation students from across South and Central America as well as the Caribbean. With two universities and the Civil Aviation Training Centre already in operation, Trinidad and Tobago can become a regional hub for aviation training, especially for students who require instruction in Aviation English.
He explained, “This can also lead to increased employment for local aviation graduates. As more airlines enter the market and maintenance operations grow, the demand for skilled labour will rise. With labour costs lower than in the USA, Trinidad and Tobago could offer cost-effective MRO (Maintenance, Repair, and Overhaul) services. Moreover, with a strong pipeline of qualified technicians from our universities, establishing a local MRO facility to service aircraft would generate valuable revenue streams.”
On the technology front, Benjamin views artificial intelligence (AI) as a gamechanger. “AI will transform flight operations, maintenance, scheduling, passenger support—everything,” he stated. “We need to embrace it to stay relevant.”
Runway to Regional Aviation Excellence Benjamin urged stakeholders to diversify the industry’s offerings. “When we talk about diversification in aviation, it shouldn’t just be about transporting passengers,” he noted. Trinidad and Tobago has the potential to become a regional aviation
centre, not only for passenger traffic, but beyond that for cargo, logistics, and aircraft maintenance. “Businesses can import products from neighbouring islands for sale, source local goods, and transport them back for resale in their home markets,” he noted. “This facilitates trade, enhances flexibility, and creates new opportunities for income generation.”
With global supply chains shifting and nearshoring on the rise, Benjamin also sees opportunity at Piarco’s Aeropark.
“We could attract more carriers like DHL and FedEx to use Trinidad as a cargo hub,” he said. “Additionally, goods can arrive by sea at the Point Lisas port, be transported to the Aeropark by truck, processed or repackaged, and then shipped out by air.” This intermodal model provides a competitive advantage and unlocks new export potential.
Benjamin further recommended exploring light manufacturing alongside the creation of a duty-free zone. Looking abroad for inspiration, he cites Sebring Regional Airport in Florida as an example: “They have no commercial passenger flights but generate millions through industrial activity at their commerce park. We could do the same here. We have the potential and talent, we just need cross-sector collaboration and out-of-the-box thinking.”
TREVOR BENJAMIN, SENIOR INSTRUCTOR, AVIATION CAMPUS –THE UNIVERSITY OF TRINIDAD AND TOBAGO (UTT); FORMER PILOT AND AIRPORT MANAGER
Gearing Up for Change: How T&T’s Auto Sector is Evolving
BY SHELDON WAITHE
YOUNG, GENERAL MANAGER – REGIONAL BUSINESS, AUTOMOTIVE SECTOR, ANSA MCAL
As consumers’ disposable income tightens, rising operational costs like fuel, maintenance, and repairs are influencing purchasing decisions, driving increased sales of hybrid and electric vehicles as buyers seek to reduce their carbon footprint more intentionally.
Trinidad and Tobago’s automotive industry is shifting gears. From the rise of electric vehicles to a digital transformation in consumer purchasing, the sector is progressing rapidly. Financing innovations have made car ownership more accessible, while new entrants offering competitively priced vehicles are reshaping the market. For industry leaders like Daryl Young, General Manager – Regional Business, Automotive Sector, ANSA McAL, staying ahead means embracing these changes and adapting to shifting consumer expectations.
Industry Disruption, Changing Buyer Behaviour
Over the past two decades, several factors have disrupted the automotive industry. According to Young, “Car financing has evolved significantly; it has brought monthly instalments down to a more affordable level, making car ownership much more accessible. At the same time, the ‘grey market’ (roll-on/ roll-off) has expanded from budget-friendly, low-end cars to include premium automobiles. Some Korean brands now offer low-cost vehicles with high feature content, which has led to a shift in brand loyalty. More recently, we have seen the introduction and rapid evolution of Chinese models, placing additional pressure on prices and changing the competitive landscape considerably.”
Before the COVID-19 pandemic, approximately 15% of ANSA Motors’ business came from online transactions; that figure has now surpassed 40%. Coinciding with this, potential buyers are much more informed,
often conducting extensive research beforehand. As a result, selling now requires a more technical and holistic approach.
Navigating Pricing Pressures and Market Shifts
Foreign exchange shortages also significantly impact the availability of vehicle models, Young says: “Because of restrictions on US dollar allocations, most dealers have had to streamline their model range, bringing in fewer offerings and colours and focusing instead on market demand and high-turnover units.”
These shifts in availability are also starting to influence pricing strategies. As a capitalintensive industry—requiring substantial investment in facilities, showrooms, equipment, workforce, and ongoing training—dealers may soon be forced to reassess their existing pricing structures. Additionally, inventory management is likely to shift toward a more just-in-time model, with smaller, more frequent orders placed based on immediate demand.
Another factor shaping the market is fiscal policy: “Hybrid and electric cars tend to be expensive to purchase outright, but they land at more affordable prices due to tax breaks. Combined with a growing segment of environmentally conscious buyers, we’ve seen the market shift in that direction.” As consumers’ disposable income tightens, rising operational costs like fuel, maintenance, and repairs are influencing purchasing decisions, driving increased sales of hybrid and electric vehicles as buyers seek to reduce their carbon footprint more intentionally.
Redefining the Road Ahead
Supporting the automotive industry’s transition demands strategic partnerships and future-ready offerings. Young highlights ANSA Motors’ recent partnership with Proton as a prime example of this forward-thinking approach, noting that the alliance gives ANSA access to a fully electric subcompact SUV at a highly competitive price point. This enables the company to offer transport solutions tailored to a broad cross-section of customers while aligning with the shift toward cleaner, more sustainable mobility.
Moreover, along with other dealers in the industry, ANSA Motors delivers aftersales service through factory-trained technicians, ensuring that customers who purchase vehicles directly from the company have access to specialised tooling, software updates, and technical bulletins essential for maintaining today’s increasingly sophisticated automobiles.
Looking ahead, Young emphasises the critical role of collaboration: “Partnership between government and the Automotive Dealers Association of Trinidad and Tobago is important as it enables us to contribute more meaningfully to policy development and implementation. Being in constant communication with manufacturers, we are more attuned to global automotive trends— what technologies are emerging, and what is being phased out. This positions us to provide valuable input on potential shifts in public transport and to advise on technologies that no longer align with future mobility trends.”
DARYL
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Hertz Trinidad and Tobago operates under the trusted umbrella of Lifestyle Motors Limited, one of the country’s leading automotive groups and the official Hertz franchisee since 2008. Over the past three years, Hertz Trinidad and Tobago has pursued three strategic objectives: strengthening brand presence, expanding the fleet, and refining the vehicle mix to meet evolving market needs.
• New locations: The opening of a branch at ANR Robinson International Airport in Tobago and an additional outlet on BWIA Boulevard in Piarco confirm our commitment to accessibility and convenience.
• Fleet expansion: We’ve broadened our inventory to include everything from economical compacts ideal for city driving, to familysized SUVs and premium luxury models — ensuring solutions for any traveler’s needs.
• Local engagement: As part of Lifestyle Motors, Hertz actively supports community events and local initiatives, leveraging the strength of a respected national brand.
These investments underscore our growth strategy: a stronger local presence, a richer fleet selection, and dedicated service — all aimed at enhancing customer satisfaction in a competitive landscape. Whether you’re visiting for business, leisure, or a special occasion, Hertz Trinidad and Tobago offers a seamless rental experience designed around your needs. Choose from a wide selection of well-maintained vehicles: from fuel-efficient compact cars to spacious SUVs and premium models. With flexible rental terms, easy online booking, and a commitment to exceptional customer service, Hertz makes it simple to explore Trinidad and Tobago in comfort and style. Wherever the road takes you, drive confidently with Hertz.
Trinidad and Tobago’s banking sector has long been an essential pillar of the country’s national and economic development. Looking back at the progress made in the sector over the past 25 years, the Bankers Association of Trinidad and Tobago (BATT) highlighted regulatory reform, digital transformation, expanded financial inclusion, and support for economic growth as key developments that have enabled the sector to grow, evolve, and deepen its contribution to the national economy.
Modernising Oversight + Expanding Access
“Regulatory reform has been key to creating a resilient financial system,” BATT stated. In this regard, the implementation of the Financial Institutions Act (2008) modernised regulatory oversight. Over the last quarter century, the Central Bank of Trinidad and Tobago (CBTT) has also strengthened risk management, anti-money laundering (AML) compliance and capital standards—measures that have significantly enhanced financial stability.
Particularly post-COVID-19, banks have embraced digital transformation and innovation, encouraging their customers to do the same.
“This shift has seen the growth of online and mobile banking, e-wallets, and contactless payments, improved customer access and enhanced operational efficiency,” BATT said.
Additionally, BATT noted that since 2000, banks have made significant progress in promoting financial inclusion through initiatives such as:
• Expansion of small and medium enterprise (SME) financing, microcredit, and financial literacy initiatives.
• Increased outreach to underserved groups, including women and rural populations, resulting in improved access to banking services by these groups.
• Product enhancement across major banks, including ‘fee-free/fee-light’ options and simplified due diligence to support financial inclusion and provide access to the underserved.
BATT also observed that: “Market consolidation, stronger governance, and increased local ownership have matured
Beyond Banking in T&T: Driving Growth, Innovation and Inclusion
BY KAY BALDEOSINGH-ARJUNE
GAYLE PAZOS, PRESIDENT, BANKERS ASSOCIATION OF TRINIDAD AND TOBAGO (BATT)
“The banking sector is engaged in supporting Trinidad and Tobago’s transition to a more diversified and knowledge-based economy, encompassing sectors such as fintech, energy services, and creative industries.”
the sector,” resulting in an even deeper commitment to supporting the country’s growth and development goals.
Financing Growth, FastTracking Diversification
In relation to this, BATT highlighted four key initiatives where the banking sector continues to support national development:
• SME Financing: Banks are expanding tailored loan products, improving access to credit, and collaborating with state enterprises to support small business resilience.
• Loan Guarantee Programmes: Supporting businesses and SMEs through the hardships of pandemics and economic uncertainty.
• Housing Finance: Continued investment in mortgage solutions with flexible terms to support homeownership and housing development.
• Infrastructure: Banks are actively financing public-private infrastructure projects in transport, education, and utilities to drive national growth.
The banking sector is also engaged in supporting Trinidad and Tobago’s transition to a more diversified and knowledge-based economy, encompassing sectors such as fintech, energy services, and creative industries. To facilitate this, BATT indicated that its members are encouraging innovation through partnerships and investment in digital payment systems.
There is also “slowly emerging support through grant-backed business development
and tailored financing for creative entrepreneurs,” BATT pointed out. In addition to directly supporting national development by financing infrastructure, the private sector, and diversification into nonenergy sectors, the banks have expanded their operations into regional markets. This has positioned local banks as Caribbean leaders and first-tier corporate citizens, among the most significant contributors to employment, tax revenues, and social programmes.
Championing ESG Banking
As good corporate citizens, BATT noted that member banks have aligned their corporate strategies and policies with environmental, social, and governance (ESG) principles and national development priorities. In line with this, members have demonstrated a “growing commitment to green finance, climate risk, and the sustainable development goals (SDGs) set out by the United Nations,” BATT said.
With sustainability and ESG considerations becoming central to global finance, banks are not only doing what is good for the country, but they are also future-proofing their operations and investments. This approach includes:
• Embedding ESG principles into credit assessments and investment decisions.
• Introduction of green loans, climate risk assessments, and sustainability-linked financing.
• Participation in national discussions on climate resilience and financial inclusion as part of broader ESG alignment.
Digital Transformation is Driving Success
The awards and recognition that local banks continue to win reflect their ongoing efforts to improve and innovate. Scotiabank, for example, was recognised as Trinidad and Tobago’s Best Bank for 2025 by Global Finance Magazine. The magazine reported: “Scotiabank Trinidad and Tobago’s focus on digitalisation drove significant profitability in the country, where digital platforms remain a growth avenue, representing around 72% of total clients as of 2024. It also achieved record-breaking loan growth of $2.1 billion (12%)—its highest single-year increase ever—driven by strong performance in retail and commercial segments.”
BATT President Gayle Pazos, who is also the Managing Director of Scotiabank Trinidad & Tobago, said: “Technological advancements have become pivotal in reshaping the banking industry, enabling banks to innovate and redefine customer experience.” She also noted: “There has been rapid sectorwide digital transformation with banks investing heavily in alternate channels and online and mobile platforms, artificial intelligence-driven customer service, and real-time payments, using technology to offer clients safe, easy, cost-effective banking options.” These sector advancements also promote financial inclusion, reaching those who are underserved.
Unlocking the Future of Banking
As they look ahead, BATT acknowledges that Trinidad and Tobago’s banking sector must remain agile amid a complex and evolving global environment. Key risks on the horizon include heightened economic uncertainty linked to international market volatility and regional exposure, as well as the inertia that uncertainty can trigger, slowing decision-making and innovation. BATT also notes potential challenges such as stagflation or recessionary conditions,
SECTOR
COMMERCIAL BANKS: DISTRIBUTION OF LOANS AND ADVANCES BY SECTOR, 2020-2024 /TT$ Million/
Source: Central Bank of Trinidad and Tobago, Annual Economic Survey 2024
a possible dampening of growth due to reduced consumer spending and borrowing, and the risk of deteriorating credit quality.
“Trinidad and Tobago’s banking sector has evolved into a modern, resilient, and inclusive system—playing a central role in national development and economic competitiveness,” underscored the BATT President. With the right strategic
investments, the sector is well-positioned to turn challenges into catalysts for growth. BATT envisions a future shaped by the greater adoption of digital banking solutions that enhance customer access and operational efficiency, more advanced approaches to risk management and liquidity planning, and the diversification of loan portfolios to better serve an evolving economy.
Local banks are Caribbean leaders and first-tier corporate citizens, among the most significant contributors to employment, tax revenues, and social programmes.
Gayle M. Pazos
President
Kelly Bute-Seaton Executive Director
BANKERS ASSOCIATION OF TRINIDAD AND TOBAGO (BATT)
Level 1, Invaders Bay Tower, Invaders’s Bay, Port of Spain. Tel: (868) 235-6291. Website: www.batt.org.tt
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.
CONSTRUCTION AND ENGINEERING
Trinidad and Tobago’s construction sector is undergoing a transformation like never before. Complex projects, specialised expertise, and cutting-edge technology are rewriting the rules of building. At the forefront of this shift is Dr. Steve Rajpatty, Chairman and CEO of Atlantic Project Consultants Limited (APCL), who shares how innovation and collaboration are powering this bold new era.
Building Better with Specialised Knowledge
With decades of experience in the field, Dr. Rajpatty has witnessed firsthand an industry evolution: “Over the past 25 years, I have noticed a change in how projects are managed. The design and oversight of projects have become more complex, no longer handled by one or two engineers working on a major highway, such as the Sir Solomon Hochoy. In today’s industry, collaboration involves architects, engineers, quantity surveyors, and project managers—professionals who take their responsibilities seriously because contracts have become more rigorous, expanding the engineer’s role in project delivery.”
Another key driver of progress in the construction sector was increased access to advanced technical training and specialised qualifications. As professionals returned to Trinidad and Tobago —driven by growing local opportunities and a desire to contribute to national development— from countries such as the UK, Germany, Canada, and the United States, they brought with them expertise not just in traditional engineering, but also in niche areas like watercourse management, hydrology, and hydraulics. This accelerated local project delivery, reducing reliance on international consultants who needed time to adapt.
Smart Solutions for Sustainable Construction
The rise of innovative technology continues to drive progress in the construction sector. Building Information Modelling (BIM) systems now enable real-time collaboration, improving cost estimates and reducing the need for rework. Tools such as drones and Geographic Information Systems (GIS) have
Blueprint for Progress: Insights into T&T’s Construction Sector
BY SHELDON WAITHE
DR. STEVE RAJPATTY, CHAIRMAN AND CHIEF EXECUTIVE OFFICER, ATLANTIC PROJECT CONSULTANTS LIMITED (APCL)
The local construction industry is aligning with global sustainability trends by applying green building standards, enhancing energy efficiency, and improving climate resilience.
also enhanced surveying capabilities. At APCL, high-tech systems enable geotechnical engineers and surveyors to save time and improve design accuracy. Although software tools represent a significant investment, the company views them as essential for maintaining a competitive edge in the industry.
Dr. Rajpatty notes that the local construction industry is aligning with global sustainability trends by applying green building standards, enhancing energy efficiency, and improving climate resilience. “For example, the National Insurance Board of Trinidad and Tobago (NIBTT) building and its nearby campus exemplify the growing adoption of eco-friendly designs, having been LEED Gold Certified in 2016. Another significant development was the launch of the Energy Efficient Lighting Laboratory in 2022 by the Trinidad and Tobago Bureau of Standards (TTBS). Furthermore, the Caribbean Green Infrastructure Conference (CGIC 2022) showcased innovations such as grass systems to mitigate erosion and manage rainwater effectively.”
Constructing a Resilient Tomorrow
While optimistic about the construction sector’s growth, APCL’s Chairman and CEO acknowledges ongoing challenges that must be proactively addressed to ensure its future success: “There is a shortage of experienced tradesmen and supervisory personnel. The
solution lies in expanding Technical and Vocational Education and Training (TVET) and promoting apprenticeship schemes. Additionally, some projects face unrealistic scheduling due to inadequate planning and design. This often leads to recurring payment delays, resulting in chronic late certification, which causes cash flow issues that limit capacity. To overcome this, procurement reforms must enforce timely public sector payments. Engineers overseeing projects can play a critical role by managing these processes and providing government departments with the necessary information to reduce delays in schedules and payments. Foreign exchange facilities also need to be extended to improve access to imported materials and equipment.”
Dr. Rajpatty emphasises the need to build stronger partnerships between the private and public sectors to drive and sustain future construction projects. He believes that engaging major developers—who have land and financial resources— early in the project feasibility phase is crucial for attracting increased private investment. By adopting this approach, the government can partner more effectively with private developers to drive transformative projects in the sector.
Over the past two decades, engineering in Trinidad and Tobago has undergone a steady evolution, driven by shorter project timelines, more advanced tools, and increasing expectations. According to Lendel Bethelmy, President of the Association of Professional Engineers of Trinidad and Tobago (APETT), the sector is adapting quickly to meet both global standards and local demands.
Precision Engineering Under Pressure Reflecting on the sector’s transformation over the last 25 years, Bethelmy points to a significant acceleration in project delivery and complexity: “The engineering sector has become much more fast-paced. Compared to earlier years, when project timeframes were considerably longer, today’s demands are significantly more immediate. The introduction of modern tools and software has raised client expectations — engineering professionals are now required to reduce costs and meet increasingly tight deadlines.”
With universities playing a greater role in developing the local engineering workforce, the country now has a deeper pool of trained professionals. This shift has enabled firms to take on larger projects locally instead of outsourcing abroad — a development Bethelmy considers a key milestone for the industry. At the same time, he noted that the increased reliance on advanced technologies and rising performance expectations come with trade-offs. Higher demands can lead to increased employee turnover, as technical teams face mounting pressure to deliver quickly, potentially compromising quality.
Engineering T&T’s Future: Local Talent, Global Tools
BY SHELDON WAITHE
LENDEL BETHELMY, PRESIDENT, ASSOCIATION OF PROFESSIONAL ENGINEERS OF TRINIDAD AND TOBAGO (APETT)
Smart Tools, Sustainable Solutions
Bethelmy discusses Trinidad and Tobago’s deepening role across the Caribbean in the application of artificial intelligence (AI) and digital tools: “This theme regularly features in our technical conference discussions. I think Trinidad and Tobago is leading the region, constantly exploring integration and innovation in engineering systems. There’s considerable adoption of AI, especially in the chemical and industrial engineering streams. There’s also significant integration of BIM (Building Information Modelling) and calibrated tools in three-dimensional engineering and design applications.”
One challenge that APETT’s President has identified with increased automation and the use of digital tools is a noticeable shift away from critical thinking. He stressed that technology should be appropriately managed— utilised as a resource rather than a replacement for human judgment—in order to be effectively integrated into engineering systems.
Local engineering practices are also being shaped by broader global issues, including climate change and sustainability, topics Bethelmy has addressed. “In the civil engineering industry, we actively work to mitigate climate change and undertake resilient designs. We don’t have the resources to create independent standards, so we adopt from other nations and integrate them into our local environment. The need for sustainable engineering largely depends on project funding sources; residential projects have less emphasis on such
“I think Trinidad and Tobago is leading the region, constantly exploring integration and innovation in engineering systems.”
requirements, while industrial projects are more likely to demand them.”
Shaping Tomorrow Through Engineering Leadership
The President of APETT envisions the engineering sector taking stronger steps to expand its influence locally: “Engineers often take a more reserved approach, so when engineering-related issues of national concern arise, it’s often non-technical voices that are heard before those of qualified engineers. Moving forward, we must collectively amplify our voices—not only through private organisations but also through advocacy groups like APETT—so our expertise can proactively shape national conversations and guide future policy directions.”
Looking ahead, Bethelmy anticipates the sector will continue to confront traditional barriers, such as supply constraints influenced by geopolitical factors, foreign exchange volatility, and evolving demands from funding agencies. “I strongly advocate for the proactive inclusion of technical advisors on government panels, so that there is engineering expertise available from the onset to guide the decision-making process.”
The engineering sector stands at a pivotal moment, poised to drive innovation and resilience in Trinidad and Tobago’s future. With strong leadership and the strategic deployment of technology and local expertise, the sector can shape a sustainable and dynamic national landscape.
Constructing the Future Cityscape of T&T
BY KIERAN ANDREW KHAN
For Trinidad and Tobago, the challenge is not just adopting isolated technologies but connecting them into a seamless, city-wide ecosystem.
Trinidad and Tobago’s urban centres face mounting pressures — from congestion and service disruptions to climate stress and inefficiencies. The global concept of a smart city offers a roadmap forward: integrating technology with engineered infrastructure to improve quality of life, economic productivity, and environmental resilience. While world leaders like Singapore, Switzerland (Zurich), and Spain (Barcelona) have deeply integrated systems across transport, utilities, governance, and citizen services, cities here are now taking important first steps of their own.
The Smart City Imperative Internationally, cities are benchmarked using frameworks such as the IMD Smart City Index and Bee Smart City’s six indicators, which assess dimensions like mobility, energy, governance, environment, and citizen engagement. For Trinidad and Tobago, the challenge is not just adopting isolated technologies but connecting them into a seamless, city-wide ecosystem. This means upgrading physical infrastructure with embedded sensors, real-time feedback loops, and adaptive systems to anticipate and respond to urban demands.
From mobility to connectivity, these core systems are strengthening city infrastructure and improving daily life:
• Traffic and Mobility: In March 2024, the Ministry of Works and Transport’s* Traffic Management Branch introduced a video detection system with intersection cameras, realtime monitoring, and adaptive traffic lights to reduce congestion and improve road safety. This system was installed at several major intersections across the country.
• Water and Utilities: As part of a 2023 initiative, the Water and Sewerage Authority (WASA), working with the InterAmerican Development Bank (IDB), installed 125 remote flow and pressure monitoring stations across the nation’s five major water distribution networks. These IoT-driven stations monitor leaks, pressure, and usage remotely.
• Public Connectivity: TTWi-Fi, a government initiative providing free broadband, is now available at around 300 locations nationwide, including transport hubs, schools, libraries, health institutions, government offices, and community spaces.
Arima Leads Caribbean Urban Innovation
The Connected Arima project, backed by the IDB, is a pioneering pilot. According to a Trinidad and Tobago Newsday report in December 2024, Julian Belgrave, IDB Country Representative, said this initiative is the first of its kind in the West Indies and possibly Central America. He also stated that there was interest in replicating the initiative in other Caribbean countries.
In its first phase, the project comprises the development of three networks: the merchant network, the health and wellness network, and the security network. Additionally, twenty smart poles equipped with solar lighting, surveillance cameras, wireless charging, and emergency call buttons will be installed throughout the borough.
Connected Arima is a seed project. It demonstrates how coordinated technology and infrastructure upgrades can enhance safety, connectivity, and service delivery. Like all seeds, it needs nurturing: scaling across boroughs, linking systems, and embedding governance, privacy, and citizen engagement frameworks. It proves that even in a country without widespread smart city infrastructure, the future can begin one project at a time — growing from a seed into a fully connected, resilient, and inclusive urban ecosystem for Trinidad and Tobago and the wider Caribbean.
*Editor’s Note: In May 2025, the Ministry of Works and Transport was renamed the Ministry of Works and Infrastructure.
Reigniting T&T’s Energy Industry: From Legacy Strength to Future Power
BY KAY BALDEOSINGH-ARJUNE
MALA
BALIRAJ, CHAIRPERSON, THE ENERGY CHAMBER OF TRINIDAD AND TOBAGO
Baliraj emphasised that a collaborative approach is needed among governments, regulators and regional organisations to benefit fully from the integration of energy systems.
Globally competitive incentives, imaginative collaboration across Trinidad and Tobago and the Caribbean region, and the education and reskilling of the national workforce are strategic actions that must be urgently pursued by major players in the energy sector, says Mala Baliraj, Chairperson of The Energy Chamber of Trinidad and Tobago.
Reflecting on the evolution of the sector, Baliraj highlighted Trinidad and Tobago’s key successes over the last quarter century and outlined the way forward if the industry is to regain and surpass its historical regional prominence as an energy leader and contributor to the country’s growth and development.
Powering Progress with Bold Action
“Trinidad and Tobago continues to build on decades of experience in the oil and gas industry and has maintained its reputation as one of the region’s energy powerhouses over the past 25 years,” Baliraj stated. Important turning points, she added, include the expansion of Liquefied Natural Gas (LNG) exports through the Atlantic LNG facility, the continued development of deepwater exploration, and the diversification of downstream petrochemical industries.
“I believe the country has strengthened its regulatory frameworks, providing greater stability and boosting investor confidence. We have also developed a highly skilled workforce that remains among the most competitive globally, making contributions that impact the world of energy in almost every country with an energy generation footprint.”
To maintain and strengthen upstream production, attract investment and extend the life of the country’s oil and gas assets, Baliraj said a multi-pronged approach
is needed: “First, to encourage new exploration and production, we need to be an attractive destination for investors with globally competitive incentives.
“Second, there must be continued emphasis on collaboration between government and industry stakeholders to refine investment conditions and regulatory policies toward a more agile and transparent framework for the oil, gas and energy industry.”
Collaboration Fuels Sustainable Competitiveness
“I believe that there must be close collaboration between the public and private sectors to realise the full potential of Trinidad and Tobago’s energy future. Emphasis should be placed on accelerating regulatory approvals to attract investment and on integrating sustainability into the national energy agenda,” Baliraj asserted.
The Energy Chamber encourages its members to think outside the box to develop innovative ways of collaboration, thereby enhancing overall efficiency and profitability. She applauded the practice of vessel sharing among some major offshore operators as an example of this forward-thinking approach.
As hundreds of service companies and contractors continue to support major operators, we must ensure that the sector remains competitive across the entire value chain, Baliraj continued. She noted that The Energy Chamber had advocated for more timely payments to contractors and subcontractors. “This was identified as a key element that could significantly improve the cash flow of smaller member companies.” At the November 2024 Local Content Forum, 44% of the Chamber’s members reported improvements in
payments over the previous six months – a positive trend she hopes will continue.
The Case for Regional Energy Integration Collaboration is also required within the region if we are to remain committed to our energy security and to creating a longterm revenue pathway, Baliraj noted. “We have always been actively involved in efforts in regional integration and continue to believe that the full implementation of the CARICOM Single Market and Economy, or CSME, will help boost economic development in all Caribbean countries.”
At the Caribbean Sustainable Energy Conference in June 2025, she emphasised that a collaborative approach is needed among governments, regulators and regional organisations to benefit fully from the integration of energy systems. Baliraj told delegates: “There is significant potential in regional grid integration, and we think it is a conversation that needs to be actively pursued. We are clear that all economies in our region are small and therefore vulnerable to external shocks. Better regional integration will help build resilience and allow for a more diversified energy mix.”
Innovate, Upskill, Transform Baliraj was direct about the role and responsibility of energy sector companies.
At the T&T Energy Conference in January 2025, she told energy executives: “While we can all point to ‘ease of doing business’ issues with regulatory agencies, it is also important for the industry to look inwards for improvements. Too many of our own companies have legacy business processes that can be significantly improved. Artificial intelligence can be an important lever to help drive efficiency and speed up delivery.”
She further elaborated: “Upgrading our local capacity to support cross-functional operations, with a focus on incorporating technological innovation, such as digitalisation and artificial intelligence, to keep our workforce at the forefront, is also key.
“Additionally, education and reskilling programmes like The University of Trinidad and Tobago’s (UTT’s) energy transition curriculum and The T&T Energy Chamber’s industryrecognised training courses, respectively, must continue to evolve to ensure that the next generation is equipped with the necessary skills in readiness for a modernised and diversified energy future,” she said.
“Project Lara represents a critical step toward diversifying Trinidad and Tobago’s energy portfolio beyond hydrocarbons and advancing our sustainability future,” The Energy Chamber Chair added. “Within our borders, we have both the expertise and infrastructure to establish a green hydrogen footprint. If we can continue to make strides in repurposing our existing gas infrastructure for hydrogen production and transport, while making further investments in renewables, such as solar and wind, we will be well-positioned to complement the traditional energy sector. The wind assessments currently underway are also a strong step towards diversifying our energy mix,” she stated.
T&T: A Global Energy Leader Baliraj is confident that the nation can remain a global energy player once it takes prompt and decisive actions. She observed: “My longterm vision for Trinidad and Tobago’s energy sector is one of innovation, adaptability and sustainability. We understand and affirm that the oil and gas industry will continue to play an essential role in our economy. However, our greatest asset is our expertise and the resilience of our people. I envision that we can create a balanced playing field where all stakeholders can mutually benefit from Trinidad and Tobago’s capabilities and solidify our standing in the global energy trade.”
She emphasised: “Trinidad and Tobago has the most mature infrastructure for LNG and petrochemicals in this region. If we can harness the right partnerships, we can play a pivotal role.”
PRODUCTION AND UTILISATION OF CRUDE OIL AND RELATED PRODUCTS AND PETROCHEMICALS, 2020-2024
COMMODITY GROUP
Exploration
Production (000 barrels)
Imports (000 barrels)
Crude
Exports (000
Natural Gas (Mn cubic feet/day)
Methanol (000 tonnes)
SOURCES: Ministry of Energy and Energy Industries and Central Bank of Trinidad and Tobago.
1 Petrotrin’s Refinery was closed in November 2018. Therefore, refinery capacity (estimated at 168,000 barrels per day prior to its closure) and capacity utilisation are not applicable from 2019.
2 Utilisation refers to gas sales and does not include natural gas used in own consumption.
“My long-term vision for Trinidad and Tobago’s energy sector is one of innovation, adaptability and sustainability.”
Harvesting The Clouds
Innovative Solutions: Where Ingenuity Meets Energy
What do these have in common: Ford factories and vodka distilleries across the United States, hospitals in Cambodia and farms in rural Chile? They use Watergen technology to “harvest the clouds”, transforming operations and lives. At Innovative Solutions, we aim to “improve the quality of life through technology.” Backed by over 20 years as a service provider for General Electric and Baker Hughes in the energy industry, Innovative Solutions has grown into a trusted provider in the Caribbean, Latin America and abroad. As authorized distributors of Watergen units in the Caribbean, we’re proud to advance water security through innovative “water-fromair” technology.
The crisis extends beyond one nation. In 2024, Jamaica was scorched by a drought, cutting water supply in half for some communities. Water restrictions hit St. Vincent and the Grenadines, Dominica, and Barbados, alike. Grenada was hit from both sides. First came the worst drought in over a decade. Weeks later, Hurricane Beryl ripped through the country, destroying almost 95% of buildings and infrastructure. While droughts may limit water, natural disasters cut off the most essential resource: clean water.
Rain Check: Water Security in the Caribbean
Potable water is a diminishing resource. Yet, we’re drowning in flood waters at the same time. Water security is a global issue, and the Caribbean is no stranger to complex and chronic water challenges. On the one hand, we weather torrential rains and flooded streets. On the other, our region battles parched soil, dying crops and dried-up reservoirs. Between these extremes lie everyday struggles. Water must navigate aging pipes and supply restrictions before reaching our homes. In Trinidad and Tobago alone, only 27% of the population has water access around the clock. This means a staggering 73% of the population live without water access 24/7.
The Breakthrough: Water-From-Air
Today, water is as rare as gold. Although over 70% of the Earth is covered in water, less than 1% can be used for human consumption. Watergen tackles that. Using their patented “GENius” technology, Watergen units extract humidity from the air. They chill it to form condensation and purify it to produce safe, clean, uncontaminated drinking water.
Portable and off-grid, these transformative water-from-air units need minimal power and work anywhere.
Present in over 65 countries and six continents, Watergen is a global leader in sustainable water solutions. Innovative Solutions is proud to bring this breakthrough technology to the Caribbean.
Used by Governments, Designed for Companies, Made for You
From disaster zones to military bases to your own cars and kitchens, Watergen units provide reliable, clean water when and where it’s needed most.
We’ve wrestled with dry taps, water truck challenges and infrastructural concerns. Watergen can help. We offer a cuttingedge solution. Operating like a back-up generator, the unit supports existing networks to ensure your home, business or community is never left dry.
Redefining Water
Whatever projects you’re preparing for, Innovative Solutions wants to offer you some peace of mind.
Connect with us to learn how Watergen can support your household, business or community with on-demand, sustainable water. Join us to bring water security to the Caribbean, one drop at a time.
Level 2, Invaders Bay Tower, Invaders Bay, Off Audrey Jeffers Highway, Port of Spain, 170602
Republic of Trinidad & Tobago
P.O. Box 8104, N.M.C. Piarco, 350462
USA Location: 111 North Orange Avenue, Orlando, Florida, 32801, USA
With maritime emissions increasingly in focus, experts at the Caribbean Sustainable Energy Conference in June 2025 reported that Trinidad and Tobago is well-placed to capitalise on the shift to low-carbon fuels.
Over the past year, Trinidad and Tobago has advanced a series of renewable energy projects, signalling a decisive shift in its energy transition. From solar and wind to green hydrogen and low-carbon marine fuels, these initiatives are positioning the nation as a regional leader in sustainable energy.
Caribbean’s Largest Solar Project
In July 2025, Trinidad and Tobago’s first Solar Utility Scale Farm at Brechin Castle, Couva, successfully achieved its first electrons. Construction will now advance toward mechanical completion on the northern segment before the site becomes fully operational in the fourth quarter of 2025. Once online, the solar farm will deliver up to 92 megawatts (ac) into the national electricity grid. In a statement, BP, a joint venture partner in Brechin Castle Solar Limited, along with Shell and The National Gas Company of Trinidad and Tobago (NGC), said the project, “will provide approximately 8% of Trinidad and Tobago’s power generation, allowing natural gas to be redirected to other downstream users.”
The Ministry of Energy and Energy Industries notes, “It is anticipated that the green electricity produced [from this project] will be equivalent to powering 31,500 homes per year and will lead to approximately 123,000 tonnes of carbon dioxide emissions saved.” Upon completion, this will be the largest solar project in the Caribbean, making Trinidad and Tobago the second-largest solar producer in CARICOM (The Energy Chamber of Trinidad & Tobago Blog, 24 April 2025).
Unlocking Wind Energy Potential
At the Validation Workshop in July 2025 for the European Union Funded National Wind Energy Action Plan, Minister of Energy and Energy Industries, Dr The Honourable Roodal Moonilal, identified wind as a key resource for utility-scale power development in Trinidad and Tobago. He announced that the Ministry will issue a Request for Proposals to conduct an Offshore Wind Resource Assessment Programme for Trinidad and Tobago. “It is my intention to have bankable data available for investors by 2026, identifying the best sites both for onshore and offshore wind deployment.”
The onshore Wind Resource Assessment Programme (WRAP), which began in November 2024 with European Union support, deployed wind measurement devices in Orange Valley and Galeota to collect data for 12–18 months. The programme is expanding, with two additional devices planned for Los Iros/Santa Flora and Toco/Manzanilla.
Green Hydrogen Leads Innovation
The Green Hydrogen (GH2) Pilot Project, expected to be completed by the first quarter of 2027, won the Best Government Initiative Award at the 2025 Hydrogen Latin America and Caribbean (H2LAC) Industry Awards. National Energy describes the project as “a key milestone in The Roadmap for a Green Hydrogen Economy in Trinidad and Tobago and will see the integration of green hydrogen into the country’s petrochemical industry. This has the potential to lay the groundwork for long-term decarbonisation and future proofing of Trinidad and Tobago’s energy sector.” This is the first Green Hydrogen Pilot Project in the Caribbean.
Maritime Fuels Go Green
Methane is recognised as one of the most critical gases impacting the climate. In Trinidad and Tobago, it comes from several sources, including the energy, waste and agricultural sectors. In a blog update from the Energy Chamber in May 2025, it was noted that several companies are working toward reporting and managing methane emissions locally through the Oil & Gas Methane Partnership (OGMP) under the United Nations Environment Programme (UNEP). NGC, Heritage Petroleum, and Atlantic LNG are part of the partnership, alongside BP, EOG, Shell, and Woodside international offices.
With maritime emissions increasingly in focus, experts at the Caribbean Sustainable Energy Conference in June 2025 reported that Trinidad and Tobago is wellplaced to capitalise on the shift to low-carbon fuels. Reflecting this trend, several initiatives have emerged in the sector. In August 2024, Methanex and its subsidiary Waterfront Shipping completed the Caribbean’s first ship-to-ship methanol bunkering exercise, and Paria Fuel Trading Company’s first shipment of HVO is expected in July or August 2025. Hydrotreated Vegetable Oil (HVO) is a diesel-like fuel that can be produced without fossil resources by processing renewable waste lipids (Cummins.com, July 2022).
Building on these advances, Paria strengthened its credentials in sustainable fuels. In October 2024, the company announced it had attained International Sustainability and Carbon Certification (ISCC). “With certified fuels, Paria can secure long-term contracts with European buyers, strengthening Trinidad’s position as a reliable and sustainable energy exporter.”
A New Era in Patient Care in T&T: Public Needs, Private Solutions
Medcorp Limited exemplifies the sector’s expansion, having successfully launched its Initial Public Offering (IPO) in June 2025.
Over the past 25 years, the private healthcare sector in Trinidad and Tobago has achieved significant growth. New establishments have emerged, offering specialised medical care and technologically advanced services. According to Dr. Kongshiek Achong Low, Executive Chairman, Medcorp Limited, small clinics have transitioned into “a sophisticated network of private hospitals, diagnostic centres, and specialist practices”, offering services that were not previously available privately. Dr. Achong Low attributes this transformation partly to growing patient expectations and the rising demand for higher-quality and more efficient care.
From Pioneers to Public Investors Medcorp Limited exemplifies the sector’s expansion, having successfully launched its Initial Public Offering (IPO) in June 2025. Dr. Achong Low affirms that this not only illustrates Medcorp’s evolved corporate structure but also “reflects the maturation of the private healthcare sector in Trinidad and Tobago, where healthcare providers can now attract public investment to fuel further innovation and expansion.”
According to the Executive Chairman, private institutions can provide “more streamlined service delivery, stronger accountability, and enhanced patient experience.” When the public sector is heavily encumbered, private care can complement its services. Dr. Achong Low declares that this relationship between the sectors empowers patients by giving them choices. “This evolution has helped ease the burden on the public system, especially by reducing wait times for diagnostics, specialist consultations, and elective surgeries.”
Over the years, private institutions have embraced innovation. Medcorp Limited first introduced mammogram imaging technology in Trinidad and Tobago and deployed the first CT scanner in North Trinidad. They also opened the first modern radiotherapy centre in 2007, and Caribbean Heart Care Medcorp Limited (CHCm), a joint venture between Medcorp Limited and Caribbean Heart Care Limited (CHC), is the only local facility to perform elective paediatric heart surgery.
Labour, Logistics, and Limits
One of the most significant issues facing the national health sector is labour shortages, particularly among nurses and technicians. Medical workers often migrate in search of opportunities, or they rotate among local facilities. Compounding these workforce issues are persistent disruptions in the global supply chain, which limit access to essential supplies and pharmaceuticals and place additional pressure on service providers.
Private institutions also face challenges in coordinating with insurance companies.
Dr. Achong Low explains that this can affect financial operations and impact service delivery. Additionally, he says government regulations constrain operations. “While licensing and quality standards are important,” he notes that “the current process for compliance with regulations can be prolonged and complex, requiring the sector to constantly adapt to evolving healthcare policies, compliance requirements, and accreditation standards.”
Furthermore, while institutions primarily operate using TT dollars, they also have indirect exposure to foreign exchange risks. Dr. Achong Low states that the limited availability
of forex contributes to higher costs for acquiring medical equipment and supplies, which is exacerbated by rising inflation.
Future-Ready Strategies for Sustainable Healthcare
The Executive Chairman asserts that private establishments should incorporate forwardlooking strategies to help address pervasive challenges and sustain the progress of national healthcare. He recommends that more involved collaboration with the government can “help address gaps in capacity, expand access in underserved areas, and improve continuity of care.”
He advocates for the expansion of existing facilities and the construction of specialised centres to increase capacity and offer new services.
In his view, innovation plays a vital role in helping private institutions align with national health objectives and meet future demands. “By embracing digital platforms, electronic health records, telemedicine, and artificial intelligencedriven diagnostics, private providers can streamline care, improve clinical decision-making, and enhance patient experience in the coming decades.” He also notes that direct insurance-to-institution payments may alleviate the financial burden on patients and enhance access.
Dr. Achong Low states that these innovations enable the sector to provide specialised therapies and treatments, thereby strengthening Trinidad and Tobago’s medical tourism industry and positioning the country as a regional leader in high-quality, outcome-driven care.
Though modest in size, Trinidad and Tobago commands a maritime space 15 times its landmass, home to coastal assets generating approximately 80% of the national Gross Domestic Product (GDP). These critical resources are monitored by the Institute of Marine Affairs (IMA), which has led significant progress in marine conservation and sustainability over the past 25 years, strengthening legal frameworks, expanding marine protected areas and advancing science-based coastal management.
Balancing Biodiversity and Progress
Since 1978, the IMA has played a central role in the research, development and planning of local coastal and marine resources. With climate change and environmental threats intensifying, the agency continues to prioritise long-term resilience, working to balance ecological preservation with economic progress.
“Many of the predicted effects of climate change have now become tangible realities around the world,” observes Dr. Maxam. “Climate departure — meaning a permanent change in climate conditions — is one such example, visible in events like coastal flooding caused by sustained shoreline retreat. At the IMA, we’ve implemented several projects to help safeguard Trinidad and Tobago’s waters and coastline. We receive reports on environmental incidents, such as oil spills, through our digital platform, seaiTT, and conduct investigations while alerting the relevant authorities.”
Supporting these initiatives, the IMA’s Oceanography and Coastal Processes Programme uses hydrography, sedimentology, and coastal dynamics to guide coastline erosion management. The Institute also conducts pollution monitoring, inspects waterways for plastic waste, and manages protected areas to conserve biodiversity.
Turning Ecosystems into Economic Assets
Through innovative efforts, the IMA is shaping the ecological future while positioning itself to
From Coastline to Carbon Credits: T&T’s Marine Agenda
BY DIXIE-ANN BELLE DR. AVA MAXAM, DIRECTOR, INSTITUTE OF MARINE AFFAIRS (IMA)
In April 2024, the Ministry of Planning and Development signed a Technical Cooperation Agreement with the Inter-American Development Bank to initiate a pilot Blue Carbon Credit Scheme under the leadership of the IMA.
contribute significantly to sustainable growth. “We want to position the IMA as a key driver of Trinidad and Tobago’s economic development,” says Dr. Maxam. “Data is one of our most valuable national assets. Through our Marine Data Hub, we’re collecting critical information on the environment and biodiversity, and our goal is to leverage that knowledge to create real economic value. We see the potential to develop licensable products, build a robust data economy, and position the country as a regional leader in marine intelligence.”
In April 2024, the Ministry of Planning and Development * signed a Technical Cooperation Agreement with the Inter-American Development Bank (IDB) to initiate a pilot Blue Carbon Credit Scheme under the leadership of the IMA. The three-year programme includes:
• studying two mangrove sites,
• restoring blue carbon ecosystems in Tobago,
• creating a blue carbon credit scheme, and
• educating stakeholders and investors.
It will also strengthen digital mapping, monitoring and verification systems to accurately track the benefits of marine ecosystem services, particularly those that contribute to climate change mitigation. Carbon credits are tradable permits representing the right to emit a certain amount of greenhouse gases. These credits can be sold to purchasers who want to offset their emissions, potentially generating revenue for local communities.
“It’s important to ensure that communities benefit directly from the revenue generated
through carbon credits,” explains Dr. Maxam. “These initiatives not only provide economic opportunities but also help build community pride, creating lasting benefits for generations to come.”
Positioning
T&T for Green Leadership
Looking ahead, Dr. Maxam highlights the promising potential of the IMA’s oil fingerprinting database, for which regional samples are being collected: “This technology will enable us to accurately trace spills back to their source refineries. It also allows us to offer analytical services in the aftermath of regional oil spills, potentially generating revenue for the country.”
Alongside technological advances, robust government policy remains essential for national progress. Dr. Maxam notes that the government is currently developing policies on renewable energy management, marine spatial planning and integrated coastal zone management.
She adds that by leveraging its natural gas expertise, vibrant energy sector, and skilled workforce, Trinidad and Tobago is well-positioned to capitalise on emerging opportunities in green hydrogen production, paving the way to become a leading lowcarbon fuel exporter in the region.
*Editor’s Note: In May 2025, the Ministry of Planning and Development was renamed the Ministry of Planning, Economic Affairs and 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
Tech-Driven T&T: Building Agile, Future-Ready Organisations
BY BAVINA SOOKDEO
ANNA HENDERSON, CHIEF EXECUTIVE OFFICER, AMARANTH BUSINESS SOLUTIONS LIMITED
As Trinidad and Tobago strengthens its digital economy, key enablers include a robust infrastructure, a tech-savvy workforce, and a secure cloud-based environment.
Anna Henderson, CEO of Amaranth Business Solutions Limited, believes the future belongs to organisations that are bold enough to embrace technology, agility, and a willingness to learn and adapt quickly. She notes that evolving business needs now demand greater efficiency and cost reduction, making it essential for companies to accelerate how they leverage IT solutions to achieve their goals.
Reflecting this shift, over the past two decades, ICT has transformed from a backoffice function to a strategic priority for many firms in Trinidad and Tobago, driving competitiveness, responsiveness, and innovation. Companies are increasingly adopting cloud platforms, artificial intelligence (AI) tools, and performance management systems to boost productivity and improve decision-making.
Wired for the New Normal
This acceleration has become more urgent due to the COVID-19 pandemic, which Henderson describes as a glaring milestone that exposed critical gaps in how businesses were leveraging technology. “Many industry leaders were slow to adapt pre-COVID-19. While we quickly got on board with Zoom and MS Teams, the adoption of other technologies took a bit more time,” she noted. “In contrast, executives now understand the importance of IT infrastructure, its associated resources, and the investment required to achieve their vision.”
In the early days of remote work, global companies embraced hybrid and flexible work models far more rapidly than local businesses. Interestingly, however, some of those entities have since changed
direction. This underscores that thriving in a hybrid environment depends less on the model itself and more on performance management, with the right systems, culture, and metrics in place.
Henderson points to evolving technologies— such as interactive workplace centers with video conferencing platforms, process automation, and performance-tracking tools— that have enabled companies to adopt more flexible and productive ways of working. Managers can now monitor employee performance and productivity across both traditional and flexible work environments. More local businesses are realising the value of these technologies to optimise team management and boost productivity.
Connecting the Digital Dots
As Trinidad and Tobago strengthens its digital economy, key enablers include a robust infrastructure, a tech-savvy workforce, and a secure cloud-based environment, according to Henderson. “Businesses of today need access to high-speed internet, scalable platforms and robust cybersecurity frameworks to remain competitive and resilient in an increasingly digital world.”
Henderson explained that IT solutions providers like Amaranth play a key role in helping organisations enhance efficiency, build resilience, and strengthen their digital capabilities by helping clients navigate how technological systems can address their specific challenges. “Many people can go online and find what they want,” Henderson said, “but our value lies in real-world implementation. We engage with our clients to understand their challenges and demonstrate how technology can help solve them.”
Building Bytes for A Better Tomorrow
Henderson asserts that small and medium enterprises (SMEs) must tap into innovation fearlessly to thrive in the future. “If SMEs want to operate more efficiently, they need a mindset of failing fast and bouncing back faster,” she said. “With so many emerging technologies available, the key is to jump in and adapt quickly. Even if mistakes happen, the value delivered will drive progress.”
She highlights the rise of AI-driven productivity as one of the most transformative global trends with strong local potential. “By embracing AI-powered productivity tools, businesses can automate repetitive tasks, freeing up focus for highervalue activities”, Henderson said.
On accelerating digital transformation in critical sectors like education and healthcare, Henderson noted that Trinidad and Tobago has already begun the journey, and that leveraging Public-Private Partnerships (PPPs) can maximise resources and break down silos. She added, “We need AI, smarter infrastructure, and the Internet of Things (IoT) to improve public services. Strengthening cybersecurity and data analytics policies is also key.”
Henderson emphasised that accelerating existing initiatives—particularly in education—should take priority. “We treat tech as a separate subject, but in reality, it is part of everyday life.” Integrating technology across education and other essential sectors will be key to building a more resilient, future-ready society.
From Dial-Up to Digital: T&T’s Telecoms Evolution
BY KAY BALDEOSINGH-ARJUNE
KURLEIGH PRESCOD, CHIEF EXECUTIVE OFFICER, TELECOMMUNICATIONS AUTHORITY OF TRINIDAD AND TOBAGO (TATT)
Today, the public has access to two mobile service providers, six fixed voice service providers, 13 fixed broadband internet service providers (including satellite services), and 11 subscription television providers.
Significant changes have occurred in Trinidad and Tobago’s telecommunications landscape over the last two decades. According to the CEO of the Telecommunications Authority of Trinidad and Tobago (TATT), Kurleigh Prescod, “Twenty years ago, mobile services comprised telephony and text messaging, the majority of internet access connections were dial-up, and broadband internet was emerging with download speeds under 1Mbps. In 2025, mobile services are widely used for streaming and email, broadband is now the pervasive form of internet access, and broadband speeds typically start at 100Mbps and go faster.”
Boosting Competition and Connectivity
In 2004, consumers had one choice for fixed-line and mobile telephony, two for subscription cable television, and three for dial-up internet. Today, the public has access to two mobile service providers, six fixed voice service providers, 13 fixed broadband internet service providers (including satellite services), and 11 subscription television providers.
Commenting on the role TATT has played in these developments, Prescod, who took up the position in April 2025, said: “TATT has been responsible for facilitating additional service providers and preparing the regulatory framework to support fair and sustainable competition, inclusive of mobile and fixed number portability.” Mobile number portability was officially launched in October 2016, and fixed-line number portability in May 2025.
By fostering fair competition, we have seen the expansion of telecommunications
infrastructure into rural communities as service providers seek to gain market share, Prescod noted. In addition, TATT has worked to expand access through Universal Service Projects, such as TTWiFi, its Persons with Disabilities project, and the broadband infrastructure project in St. John’s Parish, Tobago.
Bridging the Digital Divide
Under TTWiFi, the public can access the internet through 136 public TTWiFi locations in libraries, transport hubs, and public health facilities, with 71 schools now benefiting from internet connectivity. Additionally, over 1,700 people with disabilities have received subsidies to purchase smartphones, enabling them to actively participate in the digital ecosystem and economy.
TATT has also been working to increase digital literacy and develop ‘digital citizens’ who can function in an ICT environment. Since 2012, it has facilitated training in ICT skills for more than 3,000 women and girls; held annual “Empowering Men Online ICT Workshops;” and organised at-risk youth programmes that target young people, such as those in orphanages, providing them with the opportunity to become certified in ICT skills, productivity tools and equipment repair. In June 2025, TATT also launched a digital literacy programme for senior citizens aged 50 and over, called ICTs4Seniors.
Building a Smarter, More Connected Future
Looking to the future, Prescod said: “Our Framework for Fifth Generation (5G) Public Mobile Telecommunications Networks was
published on September 21, 2023, and spectrum was identified in 2024 for 5G implementation moving forward.” Trinidad and Tobago has already authorised two satellite internet operators – Starlink and Neptune Communications - and TSTT has partnered with Neptune Communications to deliver satellite broadband solutions in Trinidad and Tobago.
To address key consumer concerns about affordability and quality of service, TATT has established policies that govern the quality and delivery of service to consumers. Prescod noted: “TATT has a monitoring department with drive-through monitoring capabilities and fixed monitoring stations at Mount Hope and Sevilla in Trinidad, and Sou Sou Lands in Tobago.”
Through its consumer complaints contact points, 800-TATT and info@tatt.org.tt, TATT provides a platform for consumers to lodge complaints regarding service quality and billing disputes. It also consolidates the entrylevel prices for telecommunications services and publishes this information quarterly.
As the sector evolves, Prescod shared TATT’s long-term goals: “Our vision for the future of telecommunications in T&T is a market with innovative and sustainable competition offering world-class fixed and mobile broadband and broadcasting services, which are universally available, and a digitally skilled population that can safely leverage the advanced nationwide infrastructure for economic growth.”
POWERED BY PROGRESS: AMPLIA’S JOURNEY OF GROWTH AND CONNECTIVITY
From humble beginnings to a national leader in fiber connectivity, AMPLIA has carved a remarkable legacy as Trinidad and Tobago’s first locally grown Fiber-to-the-Home (FTTH) provider. Born in 2006 as 360 Communications, later evolving into Massy Communications, AMPLIA’s journey over nearly two decades reflects a bold vision—connecting people, communities, and businesses across the nation with worldclass broadband technology.
In the early 2010s, AMPLIA’s footprint was modest. Between 2010 and 2013, the company laid the foundation of a next-generation fiber network, enabling it to serve 34,000 homes across select parts of Trinidad. The real turning point came in 2017, when TSTT acquired 100% of Massy Communications, ushering in a new era of accelerated growth and innovation under the AMPLIA brand.
The years that followed were marked by ambitious network expansion. In 2018, AMPLIA interconnected with TSTT’s infrastructure, allowing dormant fiber areas to go live and new ones to be developed. By 2019, the company began enhancing the resilience of its core services by investing in redundant infrastructure and extending its reach into underserved areas like Rio Claro, Debe, and Sangre Grande.
This momentum continued through 2020 and beyond. AMPLIA launched a next-generation Android TV platform and extended fiber access to communities including Couva, Point Fortin, Arima, San Juan, St. Augustine, and Mausica. By 2021, the company had reached new heights, activating areas such as La Romain, Chaguaramas, Piarco, Trincity, Santa Cruz, and several communities in Tobago, including Scarborough and Crown Point.
In 2023, AMPLIA significantly increased its internet capacity and rolled out new access equipment across several key regions, with a strong emphasis on Tobago. New communities in Chaguanas, Fyzabad, Charlotteville, and Pembroke were brought online, reinforcing the brand’s commitment to digital inclusion.
By 2025, AMPLIA powers one of the most advanced telecom networks in the country. Its core transport has grown to support multiple highcapacity connections, backed by expanded international bandwidth
and enhanced network diversity. New deployments in Brazil, Cumuto, Valencia, Roxborough, and Speyside reflect its continued commitment to nationwide connectivity.
Today, AMPLIA proudly serves a growing community of residential and business customers—and is on track to surpass 5,000 business customers before year’s end.
Even as a B2B provider, AMPLIA - Business remains committed to a tailored approach. Every business is unique, and AMPLIA’s services are designed to adapt, providing scalable, customizable connectivity to meet the demands of businesses of all sizes, from startups to large enterprises. Our business solutions are available throughout Trinidad and Tobago, even outside of current service-areas.
This personalized service model is reinforced by AMPLIA’s dedicated sales representatives, who remain accessible before, during, and after installation. Each representative serves as a direct point of contact, ensuring a seamless experience and acting as a support channel for customers who may require assistance beyond traditional customer service.
AMPLIA is more than a fiber-optic service provider. It is a homegrown success story, proof of what’s possible when innovation meets commitment.
With its eyes set on the future, AMPLIA continues to connect and empower Trinidad and Tobago, one business, one community, and one household at a time.
Visit us at https://business.amplia.co.tt/
Or call us at 800-4663
Or Email us at business.sales@amplia.co.tt
Shawn Clarke General Manager Sasha Lowhar-Best Marketing Manager Tenielle Solomon Manager, Human Resources and Administration
Gabrielle Browne Enterprise Sales Manager
Nikita Roberts Senior Manager, Sales
Timothy Tambie Senior Technical Manager
Strengthening T&T’s
AI Readiness in ICT
SHAWN CLARKE, GENERAL MANAGER, AMPLIA COMMUNICATIONS LIMITED
PwC’s 2024 Caribbean Digital Readiness Survey shows that 45% of regional businesses
see AI as critical to strategy today,
rising to 52% in three years.
As global digital transformation accelerates, artificial intelligence (AI) stands at the forefront of technological innovation, promising economic growth, enhanced public services, and a higher quality of life. For Trinidad and Tobago, a nation striving to leverage ICT for national development, assessing our AI readiness is timely and critical. According to McKinsey & Company, “Generative AI could add $2.6 to $4.4 trillion annually to the global economy” (June 14, 2023). Is Trinidad and Tobago poised to seize this opportunity?
Readiness Requires More Than Access
As reported by the Telecommunications Authority of Trinidad and Tobago (TATT), fixed broadband penetration reached 97% in the first quarter (Q1) of 2025. Mobile connections exceed 126% of the population, positioning Trinidad and Tobago among the most connected nations in the Caribbean. This infrastructure provides a strong platform for AI integration, especially in delivering digital services on a large scale. However, connectivity alone is not synonymous with readiness. The Internet Society Trinidad and Tobago Chapter (ISOC TT) notes that only 29% of the country’s top-visited websites are hosted locally, and cybersecurity preparedness is moderate, which presents key vulnerabilities when scaling AI systems.
The Government’s National Digital Transformation Strategy (2025) commits to advancing digital skills, interoperability, and secure services. TATT’s Universal Service Fund is establishing ICT access centres across rural communities, while initiatives such as WeLearnTT and partnerships with Microsoft and the International Telecommunications Union (ITU) improve access for underserved populations. Elected in April 2025, the new government underscored AI’s importance by creating a Ministry of Public Administration and Artificial Intelligence.
However, AI-specific training remains limited. Developing local expertise in machine learning, data analytics, and AI governance will further enhance the Government’s plans for AI, its adaptability and progression. Dedicated AI legislation, ethics guidelines, and comprehensive data governance frameworks are absent or in their infancy. Without these guardrails, AI adoption risks being fragmented, with inconsistent standards and limited public trust.
Connected, Competitive, and Innovative
The UN-ECLAC’s 2025 Artificial Intelligence Readiness in the Caribbean report suggests that Trinidad and Tobago, while wellconnected (i.e. high internet penetration, high mobile penetration and high-speed connectivity), trails regional peers like Barbados and Jamaica in coordinated AI strategies and education reform.
For example, Jamaica’s integration of coding in schools and structured AI internships presents a more direct talent pipeline.
PwC’s 2024 Caribbean Digital Readiness Survey shows that 45% of regional businesses see AI as critical to strategy today, rising to 52% in three years. Still, only 25% believe their organisation strongly encourages digital innovation, a gap that applies in Trinidad and Tobago as well.
At Amplia, over 58% of households across the twin island republic have access to Amplia’s fibre to the home, reliable and fast connectivity, and the company plans to undertake further expansions, giving more Trinbagonians access to agile, indigenous, fast and trustworthy services. Our Smart Internet packages, launched in 2024, give consumers more control. Ambiance by Amplia debuted at the Tobago Tourism Forum 2025, enhancing guests’ in-room experiences, with over 200 hotel/guest house rooms enjoying this first-world solution.
Beyond Amplia, financial institutions, startups, and ICT service providers are beginning to explore AI for customer engagement, commercial strategy, risk management, and operational efficiency.
Charting an AI-Ready Future
To transition from a connected nation to an AI-ready leader, Trinidad and Tobago should:
1. Develop a National AI Roadmap: Outline strategic priorities, ethics, data governance, and public-private innovation pathways.
2. Expand AI-Specific Skills Training: Integrate AI literacy across learning institutions.
3. Establish Governance and Ethical Frameworks: Create an AI Ethics Board and regulatory sandbox.
4. Strengthen Cybersecurity and Local Hosting: Invest in Tier-IV data centres, promote local content hosting, and build resilience.
5. Benchmark and Track Progress: Use global indices (UNECLAC, PwC, WIPO) to measure readiness and guide policy.
The foundations are in place: high connectivity, early policy signals, inclusion programmes, and growing private sector innovation. However, AI readiness demands more: a coordinated strategy, skilled talent, ethical governance, and resilient infrastructure.
If we act decisively now, Trinidad and Tobago can shift from being a digital follower to a regional AI leader. The choice before us is clear: harness today’s momentum to build a more thoughtful, inclusive, and prosperous nation or risk being left behind in the AI era.
From a quiet force in its infancy to its current status as a cornerstone of national stability, the insurance industry in Trinidad and Tobago has undergone steady evolution over the past 25 years. Christopher Woodhams, CEO of Beacon Insurance and a veteran with nearly three decades in the sector, reflects on where the industry stands today, its challenges, and the immense potential ahead.
“I think the industry is strong, but it doesn’t always get the credit it deserves,” says Woodhams, who began his career in 1994 and now leads one of the region’s most respected insurers. “We’ve been paying out billions of dollars each year, quietly helping individuals and businesses get back on their feet. Insurance is the silent backbone of a resilient economy.”
Insurance’s Digital Wake-Up Call
Despite its stability and proven capacity to support recovery—such as in Dominica following Hurricane Maria—Woodhams is candid about the industry’s missed opportunities. “While the sector has financial strength, we haven’t always kept pace with industries like banking in terms of strategic evolution and digital innovation,” he admits.
That said, the tide is turning. The insurance industry is beginning to embrace digital access, and companies, including Beacon, are streamlining policy management, claims, and customer service. While uptake is still growing, consumer expectations are pushing the industry in the right direction.
“Digital is no longer optional,” he says. “Whether it’s managing your motor insurance online or receiving updates via mobile phones, consumers expect accessibility and ease, and we’re investing to meet that demand.”
The Real Cost of Coverage
The insurance landscape is no stranger to risk, but not all challenges come in the form of natural disasters. Woodhams offers a pragmatic view on the perceived impact of climate change on the region’s insurance models.
Insuring T&T’s Future: From Risk to Resilience
BY KIERAN ANDREW KHAN
CHRISTOPHER WOODHAMS, CHIEF EXECUTIVE OFFICER, BEACON INSURANCE
One of the most significant growth opportunities lies in increasing insurance penetration among SMEs, young professionals, and underserved communities.
“While we hear a lot about climate change, the data we monitor supports the link between climate change and more intense hurricane activity; however, outcomes in the Southern Caribbean are still emerging. The outlook supports current pricing changes,” he explains. “We must look at risk trends over longer periods, not five years. Reacting prematurely could make coverage unaffordable for the very people who need it.”
More pressing, he says, is the rise in non-communicable diseases (NCDs). “Trinidad and the wider Caribbean rank alarmingly high for lifestyle diseases like diabetes and hypertension. These conditions impact health insurance costs across the board. Unfortunately, insurers can’t control personal health choices—we manage the outcomes.”
This growing prevalence of NCDs not only strains private health insurance pools but also places added pressure on national healthcare systems. “We’re seeing a shift where younger individuals are being diagnosed earlier with chronic conditions, which impacts their insurability and the cost of providing coverage,” he adds. Prevention and public education, he believes, are the missing pieces of the puzzle. “If we don’t start prioritising wellness and early intervention, the system will continue to buckle under the weight of avoidable claims.”
FX Bottlenecks Insurance Expansion
Another quiet but significant hurdle? Foreign exchange. “Even if every small and medium enterprise (SME) decided to insure their business tomorrow, the industry wouldn’t have the foreign currency reserves to pass that risk to our international reinsurance partners,” he notes. “We’re navigating those waters very carefully.”
Reinsurance—insurance for insurers—is typically secured from large international players, and those contracts are paid for in US dollars. As Trinidad and Tobago continues to grapple with a chronic foreign exchange shortage, it becomes increasingly complex for local insurers to expand their risk portfolios.
“This isn’t just a business challenge; it’s a national one,” Woodhams adds. “Without access to sufficient foreign exchange, insurers may have difficulty transferring risk efficiently, which limits our ability to take on new clients or innovate products. That bottleneck ultimately affects business continuity, growth, and public trust.”
From Underserved to Insured
One of the most significant growth opportunities lies in increasing insurance penetration among SMEs, young professionals, and underserved communities.
“The majority of small businesses in Trinidad and Tobago operate uninsured unless a financial institution forces them to carry coverage,” says Woodhams. “That’s a major vulnerability. In the event of a disaster, these entrepreneurs have no safety net.”
For Woodhams, public awareness is key. “We have a responsibility as an industry to help people understand that insurance isn’t a luxury—it’s a financial planning tool. If your business or household is wiped out, insurance can be the difference between recovery and collapse.”
Beacon, he notes, continues to explore products tailored for SMEs and emerging demographics. That said, market education is just as critical as product design.
Future-Facing, Community-Focused
Though often perceived as transactional, Beacon has found ways to connect with the public beyond policies. Its long-running support for cycling and community events has built positive brand equity and widened the conversation around what an insurance provider can be. “We believe in showing up—not just when things go wrong, but as a partner in the community,” Woodhams adds. “That visibility has helped humanise our brand and start
conversations with people who may not have considered insurance otherwise.”
Looking ahead, Woodhams is optimistic.
“The insurance industry in Trinidad and Tobago is well-capitalised, well-regulated, and deeply capable. We’ve weathered storms—literally and figuratively—and we’re more prepared than ever.”
Still, he points to three key areas that require attention: attracting top
talent, easing foreign exchange constraints, and improving the public’s perception of insurance.
“We’re a mature industry with a vital role in national development,” he says. “The more we align with digital innovation, invest in talent, and improve communication with the public, the stronger we’ll become. Insurance is not just about risk. It’s about resilience.”
The
Manufacturing on the Move: Strengthening T&T’s Export Future
BY NATALIE DOOKIE
Manufacturing Forex Facility - 284 companies have accessed funds; a total of US$337 million has been disbursed; and the facility was expanded by US$47 million between 2023 and 2024.
Over the past quarter-century, Trinidad and Tobago’s manufacturing sector has steadily evolved into a leading contributor to economic diversification. Once operating in the shadow of the energy industry, manufacturing now plays a vital role in generating exports, creating employment, and driving industrial innovation. According to Dale Parson, President of the Trinidad and Tobago Manufacturers’ Association (TTMA), the sector’s progress reflects a combination of policy support, investment, and resilience.
Between 2014 and 2023, manufacturing exports totalled more than TT$134 billion, with non-energy exports making up approximately 94% of the annual total. While sectors like food and beverage, plastics, paper, and glass products have posted impressive growth figures, industry leadership has also driven advances in competitiveness, trade facilitation, and technology adoption.
Enabling Growth Beyond Borders
The TTMA has positioned itself as the key facilitator of manufacturing’s role in national economic diversification. “TTMA has aggressively pursued international market penetration by hosting six trade missions per year involving over 250 companies,” Parson explains. These efforts include the first extra-regional trade mission to Ghana and the first-ever ‘Trade Mission on the Seas’.
“Our flagship Trade and Investment Convention (TIC) also serves as a powerful platform for local manufacturers to access regional and international buyers,” he adds. In the past two years (2023 and 2024), TIC has hosted approximately 600 exhibitors, facilitated over 800 business-to-business meetings, and welcomed more than 41,000 participants from 76 countries.
At the policy level, TTMA is also actively involved in shaping regional and international frameworks. “TTMA has collaborated with the Trinidad and Tobago Bureau of Standards (TTBS) and the National Quality Council on over 10 national and regional standards, participating in The Council for Trade and Economic Development (COTED) meetings to influence the CARICOM Common External Tariff (CET) and Rules of Origin policies,” says Parson. The Association also supplies strategic market intelligence through commercial attachés and has delivered over 30 webinars in just two years.
Powering Competitive Trade Strategies
While established trading partners remain important, TTMA has intensified efforts to open new regional and international markets.
“TTMA will lead a trade mission to Chile later
this year, targeting a market of over 19 million consumers,” Parson shares. This initiative aligns with the recently concluded TT–Chile trade agreement and underscores the Association’s focus on export-led growth.
TTMA also plays a central role in broader trade negotiations. “We work closely with the Ministry of Trade, Investment and Tourism in the negotiation of bilateral and multilateral trade agreements,” notes Parson, citing the TT–Chile and TT–Curaçao negotiations as recent examples.
Meanwhile, practical supply chain goals remain on the radar. “Our upcoming trade mission to China is focused on raw material sourcing, technology partnerships, and exploring supply chain solutions that can reduce production costs and improve output efficiency,” he details.
DALE PARSON, PRESIDENT, TRINIDAD AND TOBAGO MANUFACTURERS’ ASSOCIATION (TTMA)
Breaking Barriers, Strengthening Manufacturing
Despite its progress, the sector is compelled to navigate long-standing barriers to competitiveness. “Trinidad and Tobago’s manufacturers continue to face a range of systemic challenges that impact competitiveness, including supply chain disruptions, limited access to foreign exchange, rising input costs, customs inefficiency, port inefficiency and congestion and persistent regulatory bottlenecks,” Parson acknowledges.
One of TTMA’s key advocacy achievements has been its partnership with the EXIMBANK to expand access to foreign exchange through the Manufacturing Forex Facility. Parson points out that, “284 companies have accessed funds; a total of US$337 million has been disbursed; and the facility was expanded by US$47 million between 2023 and 2024.”
Delayed Value Added Tax (VAT) refunds and production costs are also top concerns. Parson notes, “We submitted formal recommendations to the Government, including the netting off of VAT, [the processing of] timely refunds within three months, and the removal of VAT on manufacturing inputs.”
Concurrently, in the logistics sector, TTMA is actively engaged with customs and port authorities. “Supply chain delays— especially at ports—remain a pressing issue,” he emphasises. “TTMA has maintained direct lines of communication
According to a recent reinvestment poll conducted by TTMA, the sector reinvested TT$1.5 billion between 2022 and 2023 and TT$1.2 billion from 2023 to 2024 into plant upgrades, advanced machinery, and capacity building.
with stakeholders to address customsrelated delays, advocating for improved efficiency at seaports and airport bonds.”
Championing Innovation and Talent Manufacturers in Trinidad and Tobago are making substantial investments in technology and sustainability. “According to a recent reinvestment poll conducted by TTMA, the sector reinvested TT$1.5 billion between 2022 and 2023 and TT$1.2 billion from 2023 to 2024 into plant upgrades, advanced machinery, and capacity building,” Parson reports.
He observes that innovation is being embedded throughout the manufacturing lifecycle. “Manufacturers are adopting artificial intelligence (AI) technologies and integrating innovation across the value chain—from production and packaging to marketing and product development.”
To ensure the workforce keeps pace, the Association’s Learning Factory plays a vital role in skills development. “Many have expanded their capabilities through TTMA’s Learning Factory, which has become a cornerstone for industrial upskilling and innovation-driven transformation,” he adds.
TTMA is also partnering with institutions to address future talent needs. “TTMA has been deeply invested in workforce development partnerships with MIC Institute of Technology, which have led to training for over 300 apprentices in manufacturing and woodworking,” Parson remarks. “Additionally, the TTMA/UWI
(The University of the West Indies) Summer Internship Programme has placed over 70 university students in the sector. At the same time, more than 60 employees have been certified through business short courses in collaboration with UWI-ROYTEC.”
Empowering Manufacturing’s Next Chapter “The vision for the manufacturing sector in Trinidad and Tobago is one of transformation, anchored in competitiveness, innovation, and export growth,” says Parson. That transformation, he explains, is supported by ongoing TTMA advocacy for: “Incentives for digital and sustainable transformation, continued access to funding for equipment upgrades and research and development, and policy alignment to enable businesses to meet international standards.”
Public-Private Partnerships (PPPs) will continue to be essential. “The manufacturing sector’s future success depends on a strong PPP model,” Parson affirms. The Association intends to “Secure policy reforms that reduce the cost of doing business [and] drive CARICOM-level advocacy on Rules of Origin and CET policies.”
Parson is confident about the road ahead. “With strategic export-led growth, sustained innovation, and responsive advocacy, the TTMA will ensure the sector not only contributes to growing our non-energy Gross Domestic Product (GDP) but also becomes one of Trinidad and Tobago’s leading engines of employment, investment, forex earnings and global competitiveness in a world evolving rapidly through digitisation.”
UNICOMER GROUP: DESIGNING SOLUTIONS, EMPOWERING COMMUNITIES, AND BUILDING A BETTER FUTURE
At the heart of the Unicomer Group lies a powerful vision - to improve lives and promote well-being by delivering innovative, accessible solutions that meet the real, everyday needs of people and businesses. For over 30 years, this regional retail powerhouse has operated with one consistent mission: to serve with purpose, and to grow alongside the communities we support.
Through a family of trusted brands such as Courts, Courts Optical, and Courts Business Solutions, our company has become synonymous with affordability, convenience, and care. Whether outfitting homes with stylish furniture and top-tier appliances, providing quality eyecare products, supporting commercial clients with tailored B2B solutions, or investing in meaningful community initiatives, every offering is designed with our customer’s well-being in mind.
A Seamless Experience, Built Around You
Unicomer Group is more than a retailer, we’re a lifestyle partner. Across Latin America, the Caribbean, and the United States, the Group’s brands are recognized for delivering seamless customer experiences, from product selection and flexible financing to dependable after-sales support. These integrated services empower customers to live, work, and grow with confidence.
Expanding on this commitment, we recently launched the Courts Access Subscription Programme - a smart, all-in-one solution that gives customers access to essential services through a convenient annual plan. Designed for today’s busy families, Courts Access offers a gateway to home care services like plumbing and electrical assistance, as well as emergency medical response, roadside assistance, exclusive discounts, and more, all from one convenient touchpoint. With Courts Access Plus, the premium offering, customers enjoy all the benefits of Courts Access with the added perks of same-day delivery, free installation, and VIP access to special offers.
“It’s our way of giving our customers true lifestyle convenience and an enhanced experience.”
Sharon Maharaj, Director - Consumer Finance
Solutions That Power Businesses
Courts Business Solutions (CBS) marks a bold evolution of the Courts brand. We built on decades of experience outfitting residential spaces to now serve the commercial sector with comprehensive, customizable solutions. Specially designed to support entrepreneurs - the small and medium-sized enterprises, as well as larger companies - CBS offers end-to-end assistance for businesses furnishing new locations or renovating existing ones.
Whether outfitting restaurants, boutique hotels, apartment buildings, corporate offices, or clinics, CBS delivers industrial-grade appliances, smart office technology, stylish commercial furnishings, with flexible financing, and reliable after-sales service, all tailored to meet the functional and aesthetic needs of modern businesses.
What sets CBS apart is our ability to streamline complex procurement processes through strong supplier partnerships and a robust B2B platform. Clients can now access a wide range of competitively priced equipment, from high-performance kitchen appliances to in-room amenities, industrial laundry machines, and customized lobby and workstation solutions. By merging expertise with efficiency, we’ve removed the hassle of sourcing, allowing businesses across hospitality, food and beverage, wellness, and corporate sectors to create highfunctioning spaces that elevate customer experience.
“Through our dedicated B2B platform, CBS simplifies the sourcing process for commercial clients, offering volume pricing, local currency transactions, and end-to-end logistical support. It’s about giving businesses the tools to grow efficiently, without the usual barriers of procurement and fulfillment.”
Shivan Ojah-Maharaj, Director - Courts Business Solutions
Delivering Wellness Within Reach
The thread that binds all our brands together is our commitment to offering accessible solutions which greatly improve the quality of life of our customers regardless of their circumstances. For us, accessibility means removing both location and income barriers to a higher standard of living.
This mission to serve more communities and meet the demands for quality eyecare products and services materialized with the launch of our seventeenth Courts Optical location in the Glencoe, Diego Martin community. Here, we continued to deliver on our promise of “Value You Can See” through a captivating in-store customer experience, quality eyecare support from qualified Optometrists, and fashionable eyewear; all within the reach of the average consumer, made possible through flexible financing solutions.
“Well-being is at the heart of what we do, and we believe that clear vision is a cornerstone of living a full and vibrant life. As such, we aim to empower our customers to see the world clearly and confidently.”
Kellon Craig, Director - Courts Optical
Courts Sound Specialists of Laventille at the National Panorama 2025 Semi-Finals.
CWI’s Chief Commercial Officer, Rupert Hunter; VP & Managing Director for Unicomer Caribbean, Felix Siman and Regional Marketing Director for Unicomer Caribbean, Feisal Muradali at the official Courts x CWI partnership signing.
Cameron Joseph, Optometrist at Courts Optical, Kappa Drugs, Glencoe
SHIVA MUNGAL MANAGING DIRECTOR
& ADMINISTRATION
& DISTRIBUTION
WHERE INNOVATION MEETS INTEGRATION. WHERE SERVICE MEETS COMMUNITY. WHERE SUCCESS IS SHARED.
Driving Social Impact and Community Pride
A defining feature of the Unicomer Group is our deep-rooted commitment to community development. To this end, our social responsibility initiatives span three different pillars: social, economic and environmental programmes that deliver tangible benefits and longterm value to the communities we serve.
Our beloved partnerships touch the helms of culture and sport through sponsorships with Courts Sound Specialists of Laventille - an awardwinning steel orchestra and cornerstone of the Laventille community; the Courts All Sectors Netball League - the nation’s premier women’s netball league; and Morvant Caledonia AIA Football Club - a homegrown football team which has birthed prominent national players.
Through ongoing financial support for these groups, we have helped preserve cultural heritage, foster empowerment among young people and provide them with opportunities to grow, perform, and lead.
And in a bold move that unites sport, culture and community, Unicomer is now the official retail partner of Cricket West Indies (CWI). This multiyear agreement brings Courts and CWI together to engage fans, drive regional pride, and celebrate one of the Caribbean’s most cherished pastimes.
“We take great pride in what we do, but it’s witnessing the real impact - seeing lives uplifted, communities strengthened, and young people inspired through our sponsorship and direct engagement that fuels our passion and purpose every day.”
Nicole
Lum Kin, Director - Commercial
Leadership with Heart
What makes Unicomer Group truly exceptional is the tenacity, passion, and integrity of our people. Across every branch, every store, and every division, our team is the foundation of our success. Our leaders are not simply decision-makers, but visionaries working to build businesses that serve the greater good.
Our daring investments in real estate during challenging economic times exemplifies our commitment to this mission.
The opening of the new Megastore branch will introduce the people of San Juan and environs to an approximately 43,000 sq.ft., ultramodern consumer space that inspires, excites, and delivers on our promise of a full-service retail experience. It will be a destination that centers consumers’ dreams of beautiful and functional living spaces while echoing our pledge to help citizens achieve their dreams in every circumstance.
As the company looks to the future, our vision remains grounded in the belief that access, affordability, and innovation should be for everyone.
“From empowering small businesses to enhancing everyday life for families, Unicomer Group continues to be a force for good in business, proving that purpose and profit can go hand in hand.”
SHIVAN OJAH-MAHARAJ DIRECTOR COURTS BUSINESS SOLUTIONS
GARTH BAPTISTE DIRECTOR PROPERTIES & PROJECTS
KOFI TRIM DIRECTOR SALES
NICOLE LUM KIN DIRECTOR COMMERCIAL
NIGUEL LEE YAW DIRECTOR TECHNICAL SERVICE
SHARON MAHARAJ DIRECTOR CONSUMER FINANCE
prides itself in being the leading distributor of Stationery & Of ce Furniture with its ability to deliver high quality products and to offer a high level of service. All of our internal systems have the customer as their main focus. Our Sales and Warehouse departments are fully computerised and electronically connected. We look to the future with con dence.
Wayne Doopan
General Manager
Wayne brings over 20 years of experience spanning logistics, manufacturing, distribution, and the FMCG sectors, He now plays a pivotal role in driving the continued growth of our Company.
Jayne Marshall
Head of Sales, Furniture and Projects
Jayne is a driven multi-faceted professional with over 22 years’ experience in Business Development and Client relations. Recognised for planning and executing with distinction, initiative and enthusiasm.
Gerard Celestine
Head of Sales, Corporate, Export and Business Development
An innovative sales leader with 25+ years’ experience, leveraging a robust customer service background to drive retention and top-line results.
Nicholas Mohammed
Head of Sales, Wholesale and Services
Nicholas has been employed at BOSS for 27 years. His journey started in the Warehouse then Purchasing Manager. He is now promoted to the Head of Sales, Wholesale, and Services. His passion is in sales and marketing.
Jonathan Campbell
Marketing Supervisor, BSG
With over 15 years experience at BOSS & SCRIP-J Jonathan continues to have a passion for Marketing and Communications.
Cristal Boodram
Head of Finance, BSG
Cristal has 15 years’ experience in Insurance, Manufacturing, and Distribution; recognised for strengthening resilience, efficiency, and alignment.
is the established regional leader in Commercial Printing, Customised Packaging and Labels. Our evolution has been driven by bold determination and focused leadership, which continues to fuel our pursuit of excellence. As our capabilities expand, so does our reputation for consistently delivering outstanding service.
Vachel
Abdool Head of Production and Operations
Vachel is a seasoned production professional skilled in resource allocation, process optimisation, and implementing strategies that drive results.
Adella Marshall
Procurement and Pre-Press Supervisor
A nature enthusiast at heart, Adella sees print as more than a profession - it is the art of bringing colour to life. With 18 years in the industry, she has embraced a truly colourful journey, blending passion with expertise.
Satesh Lutchman
General Manager
Satesh is known for his ability in analytics, trouble shooting, project management and motivating & heading cross functional teams. With over a decade of experience Satesh is a transformational leader.
Marsha Joseph
Operations Manager
Marsha Joseph is the Operations Manager in the Production Department, bringing 25 years of dedicated service to the Company.
Saira Jasmin Ali-Jennings
Head of Human Resources, BSG
Saira has over 20 years’ experience in HR and is a catalyst for positive change by leading organisations through implementation of focused strategic planning.
David Maharaj
Head of IT, Procurement & Facilities, BSG
David is a long-standing member of the organisation and has served the company in many areas. He heads Information Systems, Procurement & Services.
Beyond the Numbers: Accounting for T&T’s Impact
BY BAVINA SOOKDEO
MARSHA CABALLERO, CHIEF EXECUTIVE OFFICER, THE INSTITUTE OF CHARTERED ACCOUNTANTS OF TRINIDAD AND TOBAGO (ICATT)
ICATT is instrumental in facilitating dialogue, building regional and global partnerships, and advocating for policies that support a robust competency-based ecosystem in Trinidad and Tobago.
Transformation is no longer a choice. Over the past two decades, the accounting profession in Trinidad and Tobago has evolved significantly, emerging stronger and more dynamic than ever. What began as a primarily compliance-driven field is now a pillar of national development, ethics and resilience. According to Marsha Caballero, CEO of ICATT, the industry has grown in scope, influence, and relevance—adapting to international standards, embracing technology, and responding to shifting expectations from clients, regulators, and society.
From Ledgers to Leading Change
The integration of International Financial Reporting Standards (IFRS), the strengthening of audit oversight, and the demand for realtime, data-driven insights have redefined the accountant’s role. Once centred on historical reporting, their remit now includes strategic advisory, risk management, sustainability leadership and long-term value creation.
The landscape is being reshaped by rapid digitalisation, evolving regulatory demands, talent shortages and changing client needs. To remain relevant and resilient, experts must modernise by adopting automation, artificial intelligence (AI), and leveraging data analytics to enhance offerings.
However, transformation isn’t just structural; it’s redefining what professionals value. Today’s financial leaders seek purpose, flexibility and opportunities for growth. As Caballero explains, “The next generation wants to know their work has meaning and impact. To meet these changing needs, the profession is evolving. ICATT is prioritising mentorship, coaching and development pathways to build a futureready industry. Lifelong learning, ethics
and leadership development remain central to the Institute’s mandate.”
This strategic focus extends beyond capacitybuilding initiatives to the organisation’s broader mandate. Caballero says the organisation’s leadership is instrumental in shaping a discipline that not only adapts to change but also drives it. “ICATT has been at the forefront of transformation within the profession,” she says. “We’ve witnessed the integration of IFRS, the strengthening of audit regulation, and a shift toward technology-enabled practices.”
Reconciling Governance and Green Goals
This commitment to transformation also underpins ICATT’s focus on governance and sustainability. The Institute’s role is both proactive and principled, ensuring the field remains responsive to national and regional developments while staying aligned with global standards.
An unwavering commitment to ethics reinforces the Institute’s credibility and responsibility to serve the public interest with trust and integrity. By championing financial transparency and embedding sound governance, accountants support both investor confidence and public sector accountability. Within government institutions, their expertise is central to advancing fiscal policy, responsible budgeting and efficient financial management.
In the private sector, their contributions are equally critical. Practitioners drive compliance, offer strategic insight, and help organisations navigate uncertainty, enhance performance, and align with both national and global standards.
As Environmental, Social, and Governance (ESG) compliance and climate disclosures
take on greater importance for regulators and stakeholders, the discipline is stepping forward with the frameworks to uphold them. ICATT is preparing members through targeted training, alignment with global sustainability standards, and advocacy for ethical ESG practices. Whether in assurance, risk disclosure, or corporate reporting, accountants are wellpositioned to ensure that sustainability data is accurate, transparent, and trusted, thereby reinforcing their role in climate accountability.
The Bottom Line: Collaboration
To further strengthen the sector, greater collaboration among professional bodies, regulators, and policymakers is essential. Shared goals of transparency, competitiveness, and sustainable development create a natural foundation for synergy. Cross-sector partnerships built on these mutual priorities can accelerate reforms, foster innovation, and improve the ease of doing business. Within this framework, ICATT is instrumental in facilitating dialogue, building regional and global partnerships, and advocating for policies that support a robust competencybased ecosystem in Trinidad and Tobago.
Looking ahead, agility, relevance, and global alignment will continue to define the industry. To navigate this future, the Institute is committed to enabling experts to lead in digital transformation, governance, sustainability, and ethical leadership, bolstered by deeper engagement, education, and a clear strategic direction.
“The future of the finance and accounting profession lies in our ability to uphold trust, stay globally connected, and respond confidently to evolving demands,” says Caballero. “ICATT is committed to equipping professionals with the knowledge, values, and foresight needed to serve with credibility and impact.”
Previously considered a secondary, tradespecific option, technical training is now recognised as a strategic driver of national development. Technical and Vocational Education and Training (TVET), once centred on manual skills and industrial labour, has evolved over the past 25 years into a comprehensive educational pathway that blends technical skills, foundational knowledge, and work-ready attitudes. At NESC Technical Institute (NESC-TI), this progress is reflected in new two-year diplomas and shorter microcredential programmes, complemented by the Centre for Entrepreneurship, which empowers learners to become skilled innovators and business owners.
From Hands-On to High-Tech
This holistic approach enables students to graduate with more than just technical know-how; they are adaptable, think critically, and are committed to lifelong learning throughout their careers. Reflecting this shift, NESC-TI President Kern Dass shared, “Today’s TVET students are more entrepreneurial and digitally savvy. We’re seeing women entering traditional male-dominated fields like welding, electrical installation, and drilling.”
With automation, artificial intelligence (AI), and new business models transforming the employment landscape, Dass notes that the TVET discipline is adapting by focusing on the development of soft and hard skills. “Employers are seeking individuals who can solve problems, communicate effectively, collaborate in teams, and accept feedback constructively. Being able to manage yourself and lead is becoming just as important as any technical skill.” He went on to emphasise that these technological advances do not eliminate the need for human workers; they reinvent it. TVET programmes in Trinidad and Tobago prepare students for new occupations by teaching them how to work alongside technology, while also strengthening their human-centred
Bridging The Skills Gap –TVET Reshapes
T&T’s Workforce
BY JEANETTE G. AWAI
KERN DASS, PRESIDENT, NESC TECHNICAL INSTITUTE (NESC-TI)
The discipline’s future impact depends on strengthening the articulation pathways between TVET and higher education, allowing learners to transition seamlessly from a Caribbean Vocational Qualification (CVQ) to a higher education degree.
skills, such as decision-making, ethical considerations, and contextual awareness.
Innovating Education for Energy Transition
The TVET system helps prepare graduates for the world of work through its close ties with industry. From the onset, students are equipped with industry-specific gear, allowing them to gain practical experience from the start, Dass explained. NESC-TI actively collaborates with private sector stakeholders, government agencies, and regional institutions to ensure training programmes are aligned with national and regional workforce priorities.
One clear example of this alignment is NESC-TI’s newest Renewable Energy Technology Services Programme, launched in February 2025. It equips students to work in the renewable energy sector, armed with firsthand knowledge of sustainable energy systems, including solar, wind, and hydrogen. Graduates receive training in technical aspects, such as installation, maintenance, and system diagnostics, as well as the broader competencies required by the industry, including environmental awareness, energy efficiency, and project management. Programmes like these help Trinidad and Tobago strike a balance between economic growth and sustainability, Dass stated.
Training Tomorrow’s Workforce Today
While the TVET education sector is lauded for its role in developing the next generation of leaders, the field is still devalued by some who view it as second-tier to traditional academic education. Despite this, Dass remains hopeful about achieving parity of esteem between TVET and mainstream education in the years to come. “There’s growing recognition that technical training is not a lesser path; it’s simply a different one,” he noted.
NESCTI’s push to cultivate well-rounded, entrepreneurial learners aligns with the Ministry of Education’s 2023-2027 TVET policy direction, which encourages the integration of entrepreneurship into the TVET curriculum at all levels. At the same time, Dass stressed that the discipline’s future impact depends on strengthening the articulation pathways between TVET and higher education, allowing learners to transition seamlessly from a Caribbean Vocational Qualification (CVQ) to a higher education degree, building adaptable skills for career resilience.
Dass expressed that even with challenges ahead, the TVET education sector remains dedicated to empowering all students to succeed: “At NESC-TI, students finally get to do what they love. They thrive in a handson environment and are fully engaged in shaping a future they’re excited about.”
Next-Generation Leadership for a Changing T&T
LISAAN DIPCHAN, LEAD COACH/MANAGING DIRECTOR,
MINDFUL RESOLUTIONS
Coaching delivers clarity in chaos, confidence in uncertainty, calm under pressure, authentic connection with people, and purpose-driven decisions that inspire action.
In Trinidad and Tobago, where the heartbeat of energy meets the rising pulse of tech, manufacturing, agriculture, and innovation, one truth is becoming impossible to ignore: leaders must evolve, or risk being left behind. Technical brilliance and years of experience, once the cornerstones of leadership, are no longer enough. The world has changed. Disruption is constant — and so is the need to adapt.
Pressure Points in Leadership
Across refinery control rooms, corporate boardrooms, public sector offices, and small businesses, leaders are meeting KPIs and sustaining operations. From the outside, it may look solid, but many are quietly struggling with burnout, decision fatigue, disconnection from teams and purpose, ‘imposter syndrome,’ and a loss of strategic vision.
These global challenges — from post-COVID-19 business retooling to digital transformation, succession gaps, and the migration of skilled professionals (‘brain drain’) — have stretched leaders thin. From Port of Spain boardrooms to family-owned businesses in San Fernando, their impact is being felt across the nation.
Meeting these pressures requires a new kind of leadership. Indomitable leadership—resilient, adaptable, and peoplecentred—isn’t about having all the answers. It’s about presence: the ability to steady a team in a crisis, lead with courage and compassion, and inspire not by command but by connection.
It is the leadership Trinidad and Tobago needs as we navigate economic diversification, the shift to green energy, and global competitiveness.
Coaching Leaders, Transforming Organisations
To develop this kind of leadership, executive coaching has become an essential tool. It is far from a luxury or soft perk; it is a strategic imperative. Coaching delivers clarity in chaos, confidence in uncertainty, calm under pressure, authentic connection with people, and purpose-driven decisions that inspire action. Coaching’s impact doesn’t stop with the individual; it ripples through teams and organisational culture.
Forward-thinking institutions in Trinidad and Tobago — from energy and banking to family-owned enterprises — are already adopting coaching to build next-generation leaders. Institutions such as The University of the West Indies (UWI), The University of Trinidad and Tobago (UTT), and The Arthur Lok Jack Global School of Business are supporting this shift through executive education and leadership development programmes.
Women Leading T&T’s Next Chapter
Throughout the nation, women are increasingly taking on leadership roles across energy, engineering, finance, the public service, and emerging industries. Executive coaching can be a game-changer for women leaders. It helps them:
• Lead with assertiveness and authenticity,
• Set boundaries without guilt,
• Command rooms with grace and authority, and
• Own their value unapologetically.
When women are coached, teams become more empathetic, cultures more inclusive, and decision-making more holistic. Empowered women don’t just take a seat at the table; they redesign the room, and when they do, entire organisations transform.
This aligns with local initiatives such as the Association of Female Executives of Trinidad and Tobago (AFETT) and SheTrades T&T, which support women through leadership development, mentorship, and entrepreneurial opportunities.
Building Leadership for a Changing Nation
The country is at a crossroads. As we pivot from an economy dominated by oil and gas toward tech hubs, green innovation, food security, and digital services, we need adaptable, self-aware, and people-centric leaders who can inspire, collaborate, and navigate complexity.
Executive coaching builds the human edge that drives performance, retention, and innovation in a world of constant change. Research from both global and regional contexts demonstrates that organisations investing in coaching achieve higher engagement, stronger governance, and faster adaptation to change.
For Trinidad and Tobago, the stakes have never been higher. Economic diversification, global competitiveness, and talent retention all depend on the quality of leadership at every level — from boardrooms to the public sector to family-owned enterprises. Executive coaching is not just about individual growth; it is about investing in people and cultivating leadership that strengthens organisations, teams, and our nation’s future.
The choice is ours — and the time to act is now. Through coaching, we develop leaders who inspire, guide, and transform, equipping Trinidad and Tobago to not only navigate change but to actively shape the future it deserves.
Over the past 25 years, Trinidad and Tobago has experienced major changes in its real estate landscape, shaped by economic shifts, demographic changes, urban migration, and global investment trends. The 2008 global financial crisis slowed market activity, reducing demand, tightening lending, and pausing developments, while the COVID-19 pandemic created another slowdown from which the economy has yet to fully recover. The real estate market, however, is showing signs of renewed and sustained recovery.
Homes, Hubs, and Hybrid Living
According to Sally Singh, President of the Association of Real Estate Agents (AREA), “Key factors driving the current market include urbanisation, infrastructure projects, and a shift toward mixed-use and multifamily communities. Demand is increasing from both younger generations and older buyers seeking affordable, secure, and modern living. Commercial activity is expanding, especially in Central and East Trinidad, with some decentralisation. Industrial real estate is seeing rising demand for warehousing and logistics near ports and economic zones.”
AREA notes that investor expectations have changed, with buyers now seeking properties that retain value, offer rental yield, and provide flexible spaces that support remote and hybrid work arrangements, an outcome of the pandemic’s work-from-home policies.
Meanwhile, developers are adapting to consumer preferences, especially for gated communities, mixed-use developments, and modern, energyefficient homes. “Many projects now offer security, amenities, and easy access to schools and shopping. Developments like Brentwood in Chaguanas, and the upcoming Shops at Champs Fleurs, show how developers are blending residential, retail, and office spaces,” Singh added.
Trinidad and Tobago’s real estate market is becoming increasingly consumerdriven, with developers responding to
Crisis to Confidence: T&T’s Real Estate Reboot
BY KIERAN ANDREW KHAN
SALLY SINGH, PRESIDENT, ASSOCIATION OF REAL ESTATE AGENTS (AREA)
Greater use of technology—such as online listings, virtual tours, and blockchain-based title transfers— can improve efficiency and trust.
lifestyle, safety, and sustainability needs. This shift is attracting younger buyers and encouraging long-term investment.
From Red Tape to Reform Challenges, however, remain. Singh notes that high construction costs, delays in regulatory approvals, limited access to financing, and uneven land availability — often due to segmented or restricted parcels across strategic locations — are all obstacles. “Bureaucracy slows projects, while rising material and labour costs affect profitability. Fragmented land ownership and weak infrastructure in key areas limit larger-scale growth,” she added.
Solutions to this include decentralisation, streamlined planning processes, stronger public-private dialogue, and incentives for sustainable construction. “We must also improve access to mortgages and digitise the land registry systems to enhance transparency and reduce fraud,” Singh explained.
AREA acknowledges that the government plays a key role in development, especially in areas such as affordable housing, urban renewal, and flood mitigation in low-lying regions. Legislative and financial approaches that support developers are essential to delivering cost-effective, energy-efficient homes. Urban renewal efforts should focus on higher-density, multifamily housing and repurposing underused spaces in the cities of Port of Spain and San Fernando to create vibrant, mixed-use areas.
Raising the Roof on Real Estate “Integrating real estate planning with transportation, utilities, and digital infrastructure will make developments more connected and resilient. To ensure sustainable and inclusive growth, public-private collaboration, policy incentives, and streamlined regulations are all essential,” Singh highlighted.
To remain competitive, the real estate sector must continue to be progressive, consumer-focused, and cost-effective. Greater use of technology—such as online listings, virtual tours, and blockchain-based title transfers—can improve efficiency and trust. At the same time, the sector must address deeper issues: approval delays, rising crime, inconsistent zoning enforcement, economic vulnerability due to reliance on energy revenues, and housing affordability for first-time buyers.
Despite these hurdles, opportunities for innovation and reform exist.
“The Association of Real Estate Agents (AREA), with its 35-year legacy, continues to promote national development, raise industry standards, and strengthen consumer confidence in the real estate sector,” Singh reflected, adding that the sector has made significant strides in recent years to build resilience and support long-term growth.
Public safety remains one of Trinidad and Tobago’s most complex national challenges. Over the past 25 years, the security sector has witnessed the introduction of advanced surveillance technologies, increased collaboration between the private and public sectors, the establishment of specialised units, and legislative reforms. According to Dr. Randy Seepersad, Coordinator of the Criminology Unit at The University of the West Indies (UWI), there is genuine cause for optimism. With renewed focus, collaboration, and innovation, the country can build a safer future for all.
Reasons and Roadblocks
“After the year 2000, we saw a sharp and sustained rise in crime,” Seepersad explained. “Whereas the decade prior was largely stable, gang activity began to proliferate, changing the landscape dramatically.” Today, gang violence accounts for approximately 40% of murders, most involving firearms.
Still, Seepersad believes the tools to turn the tide are already within reach. “We’ve long had access to intelligence and technology,” he noted. “The challenge is translating those insights into consistent action.”
One key barrier has been the siloed nature of institutions. “We’ve had agencies duplicating research and working in isolation,” he said. “Collaboration is the missing link that can unlock our full potential.” Meanwhile, many existing technologies—like facial recognition and artificial intelligence-powered surveillance— remain underutilised or unscaled.
Prevention Through Partnership and Data
Encouragingly, regional initiatives offer models of success. Seepersad highlighted the public health approach to crime prevention, which emphasises early intervention, trauma reduction, and community-based support. Project Building Blocks (also known as Project REASON, and before that as the Cure Violence project) is one such example, which achieved a 38% reduction in murders and gun-related violence across
Reclaiming Public Safety in T&T: A Data-Driven, People-Centred Approach
BY KIERAN ANDREW KHAN
DR. RANDY SEEPERSAD, CRIMINOLOGIST AND COORDINATOR, THE CRIMINOLOGY UNIT, THE UNIVERSITY OF THE WEST INDIES (UWI)
To build on these gains, Seepersad advocates for a balanced, two-pronged approach: proactive interventions informed by community data, and reactive reforms that enhance justice delivery, policing, and rehabilitation systems.
Port of Spain communities, while incidents elsewhere continued to rise. Seepersad emphasised this, noting, “The strength of the public health approach has been demonstrated in countries like Saint Lucia and Guyana, where it has proven successful. It begins with localised data collection and zeroes in on key risk and protective factors in communities, making interventions tailored and impactful.”
“Effective crime prevention starts early,” he adds. “We need to examine risk and protective factors across five domains: individual, family, peer group, school, and community.” The Nature Nurture project, which offered grief counselling to children affected by gang violence, demonstrated how healing emotional wounds early can foster resilience and positive change.
To build on these gains, Seepersad advocates for a balanced, two-pronged approach: proactive interventions informed by community data, and reactive reforms that enhance justice delivery, policing, and rehabilitation systems.
Smart Strategies for a Safer Tomorrow Momentum is building. “We’re seeing the early adoption of smart crime prevention models,” he said. “The UWI is also shifting its
academic approach, directing research to support the needs of government agencies, the police, and correctional services—ensuring findings don’t just sit on shelves but help shape policy and reform on the ground.”
The road ahead includes expanding trauma-informed programmes, investing in scalable crime-prevention technologies, and revitalising public trust in law enforcement and the justice system. Importantly, Seepersad advocates for tailored solutions rooted in data, cultural context, and community needs, not imported models or reactionary policies.
“Trinidad and Tobago still has a manageable problem,” he affirmed. “If we act with urgency, coordination, and long-term vision, we can not only curb crime but build a society grounded in fairness, opportunity, and shared responsibility. We still have the time, resources, and models to avoid drastic measures. “We’re not beyond hope,” Seepersad affirms. “In fact, the solutions are already here—we just need the will to implement them.”
Smart, Safe and Secure Real Estate in T&T
BY KIERAN ANDREW KHAN
High-rise apartments and townhouse complexes — from Westmoorings to Trincity and San Fernando — are adopting app-based entry systems, video intercoms, and smart locks — enabling residents to control access in real time from anywhere.
In Trinidad and Tobago’s real estate market, security-driven design has moved from a high-end luxury to a baseline expectation across mid- and upper-tier housing. Shaped by buyer demand, local security context, lifestyle realities, and global trends, safety now influences everything from valuations to marketing.
The Rise of Gated Living
In urban hubs like Port of Spain, San Fernando, and Chaguanas, and even Arima and Tobago’s tourist districts, gated communities and controlled-access residences are now standard in mid- to high-income developments. Perimeter fencing, 24/7 security patrols, and manned entry points are planned from the earliest design stages, ensuring these features blend into both infrastructure and aesthetics.
This approach offers more than peace of mind — it safeguards long-term property value. Global data reflects the shift: the gated community market is projected to grow from US$19.5 billion in 2024 to over US$27 billion by 2032. In the Americas, gated developments account for an estimated 10 to 15% of new housing in mid- to high-income brackets, with Caribbean uptake rising in Trinidad’s metropolitan hubs as well as Tobago’s resort areas.
Technology Integration: The New Default Security technology has evolved from an optional extra to an essential today. In Trinidad and Tobago, CCTV systems are standard in new builds. High-rise apartments and townhouse complexes — from Westmoorings to Trincity and San Fernando —are adopting app-based entry systems, video intercoms, and smart locks — enabling residents to control access in real time from anywhere.
Globally, the residential security systems market is expected to exceed US$88 billion by 2030, with smart locks, surveillance cameras, and video doorbells driving adoption. Locally, developments like One Woodbrook Place and The Residences at South Park integrate these tools with broader home automation systems, offering both convenience and protection.
Design Principles that Work
Many developers in Trinidad and Tobago also apply Crime Prevention Through Environmental Design (CPTED) principles. Key features include:
• Clear sightlines at entry points and along pathways.
• Strategic lighting to remove dark, hidden areas.
• Controlled access points to reduce vulnerabilities.
Smart landscaping is also strategically used to reduce ease of access. By embedding these measures in the planning stage, projects achieve safety without compromising aesthetics or adding prohibitive costs.
Security as a Value Driver
Across the country’s property market, from major developers like the Guillen Realty/Group and Home Solutions Limited to boutique builders and individual property owners, integrated safety is now a top design consideration. Even in single-home builds and Airbnb renovations, smart locks, surveillance systems, and controlled access are viewed as essential for protecting people, enhancing marketability, and meeting guest expectations.
When marketing properties locally, security features now stand alongside location and amenities. Leading agencies such as Terra Caribbean, 1 on 1 Realty Limited and Tucker Real Estate highlight gated access, monitored surveillance, and app-based entry as major selling points. For developers and investors, the benefits are clear:
• Lower retrofit costs for buyers.
• Reduced vacancy rates due to stronger appeal.
• Higher resale value in competitive markets.
Next
Generation Urban Living
As Trinidad and Tobago navigates the future of urban living, security will remain central to real estate value and desirability. The next wave of development could pair these safety fundamentals with renewable energy systems, sustainable materials, and smart infrastructure — creating communities that are both secure, connected and enjoyable to dwell in.
Ultimately, the message for developers is clear: real estate in Trinidad and Tobago is now focused on being smart, safe, and secure by design — where protection, technology, and thoughtful planning work together to create lasting value for residents and investors alike.
Trinidad and Tobago’s shipping industry has evolved into a dynamic and sophisticated sector, shaped by over two decades of development. Strategic investments have expanded capacity across general cargo, energy shore bases, and specialised ports, alongside equipment upgrades and automated terminal systems that boost efficiency. The industry also introduced services such as ship-to-ship operations and cold-stacking in the Gulf of Paria, enhancing safety with purpose-built pilot boats and adherence to international regulations.
Amid ongoing changes, the shipping sector’s resilience remains strong, grounded in the dedication of key stakeholders. For more than eight decades, the Shipping Association of Trinidad and Tobago (SATT) has played a pivotal role in advancing the industry’s sustainable growth and future readiness.
Sea-Time Skills Power Advancement
With over 80% of world trade carried by sea transport and an even higher proportion for Small Island Developing States (SIDS) like Trinidad and Tobago, shipping remains essential to national economic resilience and diversification.
Central to this sustainable advancement is the drive to build a strong knowledge base and prepare the next generation of maritime professionals. In line with this, SATT President Troy Persad underscored the sector’s potential as a source of employment for young people. “We are focusing on building awareness among youth on the career opportunities in our industry and the requisite training and certification requirements,” Persad stated.
SATT advocates for graduates of The University of Trinidad and Tobago’s maritime programmes to gain sea-time experience on their vessels, as it is a requirement for advancing in a seafaring career. “Over the past year, we have also partnered with the Customs Training School to educate 15 newly recruited customs officers on the role
Future-Proofing T&T Shipping: Skills, Systems and Strategic Alliances
BY JEANETTE G. AWAI
TROY
PERSAD, PRESIDENT, SHIPPING
ASSOCIATION OF TRINIDAD AND TOBAGO (SATT)
With over 80% of world trade carried by sea transport and an even higher proportion for Small Island Developing States (SIDS) like Trinidad and Tobago, shipping remains essential to national economic resilience and diversification.
of shipping agents and freight forwarders in international trade,” Persad added.
Connecting Ports and Processes Digitally
Digital intervention is a key driver of industry development, notes Persad. “The implementation of terminal operating systems at the ports of Port of Spain and Point Lisas has automated several processes in the receipt, storage and delivery of cargoes,” he explained. Technological advancements have also enhanced regulatory processes at the governmental level through the implementation of a Single Electronic Window (SEW), which automates statutory permissions associated with shipping operations, resulting in timely approvals and improved port operations.
Additionally, work is underway to implement a Port Community System (PCS) under the purview of the Ministry of Trade, Investment, and Tourism. This system will connect and interoperate with the existing SEW, the respective ports’ terminal operating systems, and the Automated System for Customs Data (ASYCUDA). SATT supports this move: “It will add significant value to integrate statutory and operational-level approvals and data sharing, which will improve the ease of doing business for our members and the wider business community.”
Forging Future-Ready Maritime Alliances
Persad praised the region’s ability to unite during challenges, such as the recent Proposed Action under the United States Trade Representative (USTR) Section 301 Investigation, which sought to impose high fees and restrictions on Chinese maritime operations. Many Caribbean shipping companies rely on Chinese-built vessels, and this move could have increased shipping and trade costs. “The Caribbean Shipping Association (CSA) worked with the CARICOM Private Sector Organisation (CPSO) to secure targeted exemptions for Caribbean shipping interests and transhipment hubs to ensure that regional economies are not subject to collateral damage in this global trade dispute,” Persad explained.
Looking ahead, the SATT recognises that forging strong, innovative partnerships with stakeholders is essential to navigating an increasingly complex maritime landscape. “In this interconnected world, regional and international collaboration enables us to share information, expertise and learnings to improve the execution of projects and operations,” Persad shared. The association remains committed to fostering these collaborations to unlock new opportunities and build a resilient, sustainable, and competitive maritime future.
Maritime Momentum: Shaping a Smarter, Greener Future for T&T’s Ports
BY JEANETTE G. AWAI
ADRIAN BEHARRY, ASSISTANT PROFESSOR IN PRACTICE, CENTRE FOR MARITIME AND OCEAN STUDIES, THE UNIVERSITY OF TRINIDAD AND TOBAGO (UTT)
In 2024, the Port of Spain and Point Lisas ports handled over 200,000 twenty-foot equivalent units (TEUs) of transhipment containers.
Trinidad and Tobago’s ports sector has undergone significant evolution and adaptation due to changing trends in global shipping over the past 25 years, according to Adrian Beharry, Assistant Professor of Practice at the Centre for Maritime and Ocean Studies, The University of Trinidad & Tobago (UTT). He explained that the most transformative changes have occurred in the highly competitive container shipping market, fuelled by the introduction of modern container ships, advanced container handling equipment technology, and digital terminal operating systems, as well as the adaptation of marine and port infrastructure and the development of new cargo handling techniques.
“The move from labour-intensive to capital-intensive operating systems has been phenomenal,” Beharry added. This shift has led to exponential gains in operational efficiency, productivity, and cost-effectiveness through the use of semi- and fully automated systems.
Reimagining Ports for Trade Success
Beharry pointed out that in the case of the two major commercial seaports at Port of Spain and Point Lisas, “There is a clear need for a national ports master plan and policy to coordinate and align national development objectives and avoid the financial risk of overinvestment in port infrastructure and facilities.”
In 2023, the Ministry of Trade and Industry* signed a contract with SOGET, a global leader in digital port solutions, to implement, maintain, and support a Port Community
System (PCS) for Trinidad and Tobago. This software connects border clearance IT systems across key stakeholders, including customs and excise as well as shipping, enabling ports to operate more competitively and transparently within the global supply chain. This neutral electronic platform integrates standalone digital systems into a single portal, facilitating seamless and more secure, traceable exchanges of electronic data. This, in turn, enhances border control, reduces cargo clearance costs, and shortens delivery times.
Trinidad and Tobago’s location at the southern apex of the Caribbean transhipment triangle gives it a strategic advantage in regional shipping. In 2024, the Port of Spain and Point Lisas ports handled over 200,000 twenty-foot equivalent units (TEUs) of transhipment containers. “There is tremendous potential for the country to be developed into a major transhipment hub, provided the right Public-Private Partnership (PPP) model is implemented, which can attract foreign direct investment and market share,” Beharry explained.
Green Corridors, Global Commitments
As a signatory to the United Nations Framework Convention on Climate Change (UNFCCC) and the Paris Agreement (2015), Trinidad and Tobago has begun taking concrete steps to align its maritime sector with international climate commitments. In 2023, UTT entered into a Memorandum of Understanding (MOU) with the Port Authority of Trinidad and Tobago (PATT) to conduct studies, research, and knowledge
transfer in support of PATT’s transition to decarbonised shipping and port operations. Similar MOUs have been signed with the Point Lisas Industrial Port Development Corporation Limited (PLIPDECO) and the National Energy Corporation of Trinidad and Tobago Limited, respectively.
UTT’s leadership in these initiatives is further reinforced by its designation as one of five global Maritime Technical Cooperation Centres (MTCCs) established by the International Maritime Organisation (IMO). The University is entrusted with capacity building to mitigate climate change in the maritime sector, particularly in developing countries. These centres, established by the IMO and the European Union (EU), serve as regional hubs, providing technical mentorship, professional training, data collection, and regional coordination to promote energy efficiency and reduce greenhouse gas emissions in the shipping and port industries.
Beharry predicts that by 2030 and beyond, the maritime industry in Trinidad and Tobago is expected to undergo a significant secular shift as international shipping policy combines innovation and emerging technologies in renewable energy to create a new economic model of green corridors in shipping and ports.
*Editor’s Note: In May 2025, the Ministry of Trade and Industry was renamed the Ministry of Trade, Investment and Tourism.
Fast Facts
Geography and Location
Trinidad – Once part of the South American mainland, Trinidad is situated 12 km (7 miles) northeast of the coast of Venezuela, and is separated from it by the Gulf of Paria. Trinidad has three mountain ranges: the Northern Range, the Central Range and the Southern Range. The highest point, El Cerro del Aripo, is 940 metres (3,084 ft) above sea level. About 40% of all land is undeveloped forest and woodlands, although the island is experiencing rapid development. Trinidad’s Pitch Lake is the largest natural reservoir of asphalt.
Total Area: 4,828 sq km (1,864 sq miles)
81.25 km long by 57-73 km wide (50 miles by 35-45 miles)
Location: Lat. 10.5° N / Long. 61.5° W Tobago – Tobago lies 34 km (21 miles) northeast of Trinidad. Of volcanic origin, the island is a single mountain mass, although the southwest is flat or undulating and coralline. The highest peak, the Main Ridge, reaches an elevation of about 576 metres (1,890 ft). The coastline is broken by inlets and sheltered beaches, and there are several uninhabited islets.
Total Area: 300 sq km (116 sq miles)
Location: Lat. 11.5° N / Long. 60.5° W
Climate
Trinidad and Tobago has a tropical climate. Daytime temperatures average 31°C (87°F) and are moderated by the northeast trade winds, while nights are a cool 21°C (69°F). The islands have two distinct seasons: dry, from January to May, and wet, from June to December. There is a short dry period around mid-September called Petit Carême. Trinidad and Tobago is just outside the usual path of hurricanes and other tropical storms, but Tobago can experience inclement weather as a result of such weather systems.
Time Zone
Greenwich Mean Time: Minus four hours
In US Winter: Eastern Standard Time plus one hour (EST +1) In US Summer: Eastern Standard Time (EST) There is no daylight savings time.
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 most recent general election was held in April 2025, with the United National Congress (UNC) becoming the ruling party.
Tobago has its own elected House of Assembly and its seat is in the capital city, Scarborough. ttconnect.gov.tt 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 Automatic Banking Machines: 496 batt.org.tt/banking-industry
Standard Bank Hours of Operation City Centres: Monday to Thursday – 8.00am to 2.00pm Friday – 8.00am to 1.00pm & 3.00pm to 5.00pm RBC and Scotiabank (not mall branches) 8.00am to 5.00pm
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, 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.
Business Hours
Offices: Monday to Friday 8:00 am to 4:30 pm
Government Offices: Monday to Friday – 8:00 am to 4:00 pm
City Centres: Monday to Friday – 8:00 am to 4:30 pm; Saturday – 8:00 am to 1:00 pm
Retail (Shopping Centres): Monday to Saturday – 10:00 am to 7:00 pm
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, Amplia Communications and Columbus Communications Trinidad Limited (Flow). With wide coverage throughout the islands, communication is generally easy and wireless internet services are commonplace at hotels, restaurants and 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, T&T Guardian and T&T Newsday.
Top News and Media Websites:
• Trinidad and Tobago Guardian
• Trinidad Express
• Trinidad and Tobago Newsday
• Wired868
• Breaking News T&T (FB)
• C.C.N. Television Limited - CCNTV6
• Guardian Media Limited - CNC3
• TTT Limited
• Online Radio Stations
Immigration, Work Permits and Visas
For updated guidelines for travel to or from Trinidad and Tobago, visit the following websites: health.gov.tt and nationalsecurity.gov.tt/immigration
Work permits are required for business stays beyond 30 days. Visa extensions can be obtained from the Immigration Office at 3-9 Richmond Street, Port of Spain, while work permits can be obtained from the Ministry of National Security, Temple Court II, 52-60 Abercromby Street, Port of Spain. nationalsecurity.gov.tt
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: Fort Lauderdale, New York, Miami, Orlando and Toronto.
CAL also flies regionally with regular flights to Antigua and Barbuda, Bahamas, Barbados, Caracas, Curaçao, Dominica, Grenada, Guadeloupe, Jamaica, Guyana, Martinique, Saint Lucia, St. Vincent, St Maarten, Suriname and Tortola.
International and regional airlines that fly to Trinidad and Tobago include American Airlines, British Airways, Caribbean Airlines, United Airlines, West Jet, JetBlue, and several charter flight companies. tntairports.com
Major Airlines
Piarco Airport (Trinidad)
American Airlines 1 (868) 821-6000
British Airways 1 (800) 247-9297
Caribbean Airlines 1 (868) 625-7200
Copa Airlines 1 (868) 669-5189
Surinam Airways 1 (868) 627-0102
United Airlines 1 (800) 864-8331
JetBlue 1 (800) 538-2583
Rutaca (Venezuelan charter airline) 1 (868) 625-4324
KLM Royal Dutch Airlines klm.co.uk LIAT 2020 flyliat20.com
ANR Robinson Airport (Tobago)
Caribbean Airlines 1 (868) 625-7200
Approximate Flying Times to
Seaports
Three ferries connect Port of Spain and Scarborough, Tobago, with one being the Cabo Star, a cargo vessel. Scheduled sailing times are Monday to Sunday, and public holidays. For information, call: Port of Spain: (868) 625-3055/623-9353
A water taxi ferry connects Port of Spain and San Fernando. Scheduled sailing times are Monday to Friday. Tickets cost TT$15 one way 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.
63-65 Independence Square Port of Spain, Trinidad Tel: (868) 623-9667
Fax: (868) 624-1297
Email: cfatf@cfatf.org Website: 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: cmo.org.tt
CARIBBEAN PUBLIC HEALTH AGENCY (CARPHA)
Dr Lisa Indar
Executive Director
16-18 Jamaica Boulevard
Federation Park
Newtown 190324, Trinidad
Tel: (868) 622-4261, 299-0895
Fax: (868) 622-2792
Email: postmaster@carpha.org Website: 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: 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: 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: fao.org
INTER-AMERICAN DEVELOPMENT BANK (IADB)
Julian Belgrave
Country Representative
17 Alexander Street
St. Clair
Port of Spain, Trinidad Tel: (868) 822-6400 / 6421
Email: idbtrinidad@iadb.org Website: iadb.org
INTER-AMERICAN INSTITUTE FOR COOPERATION ON AGRICULTURE (IICA)
Diana Francis Representative, Delegation in Trinidad and Tobago 59 Gordon Street, St. Augustine P.O. Box 1318 Port of Spain, Trinidad Tel: (868) 612-7287
Mobile: (868) 797-6623
Email: diana.francis@iica.int Website: 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
TATIL Building, 11 Maraval Road, Newtown, Port of Spain, Trinidad P.O. Box 56, St. Vincent Street Port of Spain, Trinidad Email: thebahamasconsulatett@gmail.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
PEOPLE’S REPUBLIC OF BANGLADESH
Razai Azard Rahaman
Honorary Consul - General
1 Shafik Drive, Cross Crossing San Fernando, Trinidad
80 Lower Boundary Road San Juan, Trinidad Tel: (868) 225-5200
Mobile: (868) 680-3597
Email: mario@pizzaboys.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 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 c/o 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 17 Samaroo Trace, Aranguez Trinidad Tel: (868) 680-8128
Email: David.obrien@amaranthbsl.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 Honorary Consul 16-24 Sixth Avenue Barataria, Trinidad Telephone: (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
His Excellency Gustavo Martínez Pandiani
Ambassador Extraordinary and Plenipotentiary
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/ 235-7956
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 Michael Ryan Callan
High Commissioner
3-3A Sweet Briar Road, St. Clair Newtown 190131
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
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
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.
EMBASSY OF THE REPUBLIC OF TRINIDAD AND TOBAGO PANAMA CITY, PANAMA
Jerome C. Joseph Chargé d’Affaires a.i.
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
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
N.B.: For all consular related enquires please use the following email address: hcpretoriaconsular@foreign.gov.tt Website: 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
EMBASSY OF THE REPUBLIC OF TRINIDAD AND TOBAGO WASHINGTON D.C., UNITED STATES Permanent Mission of the Republic of Trinidad and Tobago to the Organization of American States 1708 Massachusetts Avenue N.W. Washington D.C. 20036-1975
PERMANENT MISSION OF THE REPUBLIC OF TRINIDAD AND TOBAGO TO THE UNITED NATIONS
NEW YORK, UNITED STATES
His Excellency Dr. Neil Parsan Ambassador for the Republic of Trinidad and Tobago to the United Nations, New York, United States 633 Third Avenue 12th Floor
EMBASSY OF THE REPUBLIC OF TRINIDAD AND TOBAGO, CARACAS, VENEZUELA
His Excellency 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