Chi­na’s Am­bas­sador to Trinidad and To­ba­go Fang Qiu has con­firmed two Chi­nese com­pa­nies will be­come ten­ants at the Phoenix Park In­dus­tri­al Es­tate.

The Chi­nese Am­bas­sador took to so­cial me­dia to an­nounce the news of the deal, which he said would be a part of Chi­na’s Belt and Road Ini­tia­tive.

He said, “Glad to know that two Chi­nese com­pa­nies have signed the let­ters of of­fer with eTecK and will be ten­ants at Phoenix Park In­dus­tri­al Es­tate (PPIE). PPIE is the first project in the Caribbean re­gion to be im­ple­ment­ed un­der the Belt and Road Ini­tia­tive (BRI), and it will serve as a vi­tal plat­form for en­hanc­ing prac­ti­cal co-op­er­a­tion be­tween Chi­na and T&T.”

The Chi­nese Am­bas­sador con­tin­ued, “These two ma­jor light in­dus­try com­pa­nies have con­firmed their in­vest­ment at PPIE, which will un­doubt­ed­ly re­sult in the cre­ation of more jobs, an in­crease in man­u­fac­tured goods ex­ports, and a boost to T&T’s eco­nom­ic de­vel­op­ment.”

He closed, “I be­lieve that with the two gov­ern­ments’ co-op­er­a­tion, PPIE will be com­plet­ed in the near fu­ture and will at­tract more com­pa­nies to es­tab­lish op­er­a­tions at PPIE!”