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Wednesday, March 26, 2025

InvesTT issues Open Call for investment projects 

by

803 days ago
20230113
Sekou Alleyne, President of InvesTT. [Image courtey InvesTT]

Sekou Alleyne, President of InvesTT. [Image courtey InvesTT]

Lo­cal com­pa­nies in an ex­pan­sion mode or ex­plor­ing joint ven­tures with lo­cal or in­ter­na­tion­al part­ners are be­ing en­cour­aged to take ad­van­tage of In­vesTT Lim­it­ed’s lat­est call for in­vest­ment projects.

The state com­pa­ny says for those com­pa­nies an­swer­ing the call, it can pro­vide as­sis­tance with the iden­ti­fi­ca­tion of suit­able com­mer­cial spaces for the pro­posed in­vest­ment, in-coun­try site vis­its by for­eign in­vestors, fa­cil­i­ta­tion of meet­ings with key pub­lic and pri­vate sec­tor of­fi­cials and the fa­cil­i­ta­tion of ap­pli­ca­tion and ap­proval process­es.

“We are specif­i­cal­ly tar­get­ing the Man­u­fac­tur­ing, Mar­itime Ser­vices, Lo­gis­tics and Dis­tri­b­u­tion in­dus­tries at this time, be­cause we rec­og­nize that these are growth sec­tors that have the po­ten­tial to sub­stan­tial­ly boost the na­tion­al econ­o­my via di­ver­si­fi­ca­tion,” said Sek­ou Al­leyne, In­vesTT Pres­i­dent.

“We are ask­ing com­pa­nies op­er­at­ing with­in these in­dus­tries to let us know what their ex­pan­sion goals are and work with us to help them be ma­te­ri­al­ized,” he added.

Com­pa­nies heed­ing the open call for in­vest­ment projects are be­ing asked to com­plete the on­line project pro­pos­al form which may be found on In­vesTT’s web­site home­page, and pro­vide the fol­low­ing in­for­ma­tion, which is need­ed to fa­cil­i­tate project se­lec­tion:

■     Project overview

■     Prin­ci­pals

■     Pro­ject­ed in­vest­ment val­ue & jobs

■     Pre­ferred lo­ca­tion

■     Spe­cif­ic tech­nol­o­gy

■     Fi­nanc­ing needs/re­quire­ments

■     Land re­quire­ments (or whether land is al­ready se­cured)

In­vesTT al­so is point­ing busi­ness­es to its re­cent­ly up­dat­ed an­nu­al Guide to In­vest­ing in Trinidad and To­ba­go, which can be found on its web­site.

In­vesTT is the na­tion­al in­vest­ment pro­mo­tion agency with the re­spon­si­bil­i­ty to at­tract for­eign in­vest­ment in­to Trinidad and To­ba­go. It ac­tive­ly seeks in­vestors through var­ied chan­nels in­clud­ing par­tic­i­pa­tion at in­ter­na­tion­al in­vest­ment con­fer­ences, col­lab­o­ra­tion with Trinidad and To­ba­go’s over­seas diplo­mat­ic mis­sions, dig­i­tal mar­ket­ing and the host­ing of in-per­son busi­ness fo­rums lo­cal­ly and abroad.

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