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Trinidad and Tobago

trinidad and tobago

Trinidad and Tobago – The Ideal Offshore Destination

  • Trinidad and Tobago is located in close geographical proximity to North America with several daily flights to North America, South America and Europe.

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  • Located outside of the hurricane belt.

  • Ranked in a Gallup Poll among the top 10 “Happiest Countries in the world”; a true reflection of our warm, customer-service oriented population
  • Highly educated, English-speaking workforce:

    • Labour force of approximately 620,000

    • Neutral accent and cultural affinity to US culture

    • Over 7,000 persons graduate with a university degree every year
  • Well-developed, reliable and competitive telecommunications infrastructure with:

    • Five (5) broadband service providers (ISPs); Two (2) 4G mobile operators

    • Dedicated data-only  4G WiMax mobile broadband

    • Mobile penetration of 140%

    • An overall ranking of 60 (out of 142) on the Network Readiness Index
  • Host of incentives for investing in Trinidad and Tobago, including Free Zones and tax exemptions.
  • Due to the abundance of Natural Gas, our power generation capabilities are second to none in the Caribbean
  • Competitive labour costs – favourable wage rates compared with other Caribbean markets.
  • High levels of underemployment: as an energy based economy with strong emphasis on capital intensive projects, many citizens are employed in non-productive, state funded programmes and are actively seeking new career opportunities in which they can grow and progress. The labour pool available to the BPO sector is therefore sizeable and attractive.
  • Strong democratic tradition with stable political and industrial relations environments.
  • Forecasts indicate positive economic growth in the short to medium term: the IMF projects continued positive GDP growth for Trinidad for 2013 and 2014.
  • Keen government focus on education, data protection and telecommunications infrastructure development as embodied in Pillars 1, 4 & 5 of the Government’s Strategic Plan for development.
  • Rare combination of the idyllic Caribbean environment – beautiful beaches and warm weather year-round – and a bustling, thriving economy with highly developed industries and business facilities.