Southex Trade Show Promotions director Rajkavir Singh says despite the state of the economy, over 30 businesses have joined the Southex International Expo at Gulf City, displaying a range of local products, merchandise and fuel-efficient vehicles.
Among them was ANSA Motors, which featured its promotional seven-seater XPander Cross at $239,000.
Speaking to reporters, Singh said the Expo had been sold out.
“This is a hallmark that the economy is recovering. A lot of people couldn’t be part of it. Some businesses have closed down. We are seeing a lot of people trying to re-stimulate the economy. We are happy 30 people took part. It’s a lot of money hiring staff, fixing a booth and putting out a presentation,” he said.
“We have a vast array of products, from car parts, asset management, insurance, food products and even companies from Tobago.”
He said Southex has been trying to keep afloat during the pandemic, adding digital products were introduced by Southex and Chutney Soca Monarch was now being streamed.
Meanwhile, Greater San Fernando Chamber of Industry president Kiran Singh said he was proud the Southex Expo had continued the tradition of having the event, which will continue until Sunday, in Gulf City.
“Southex has grown and even though we are in a struggling economy, businesses have continued to show confidence to display their goods and services to advertise that the southern business community is here to stay. San Fernando has the best deals and discounts., the best goods and services in the country,” he said.
He added: “Food prices and transport costs have increased, goods and groceries have gone up. We have to buy less if we can, we have to shop around for better deals. Some businesspeople and entrepreneurs are unscrupulous. Once they announced shipping costs have gone up, the goods went up overnight without a new shipment coming into the country. This is not fair to the customer who has had the same salary for so many years and has to face cost tripling over the past three years. This is unfortunate.”
Singh challenged Port-of-Spain business owners to follow in the footsteps of the San Fernando entrepreneurs.