CEO of Global Trinidad and Tobago, Sekou Alleyne, says T&T’s current investment pipeline stands at TT$14 billion, covering 45 active projects and the potential creation of more than 5,600 jobs.
Speaking during the Ministry of Trade’s Year One performance report, he said they are working closely with investors and stakeholders to move these projects towards firm investment commitments.
He added that several projects already in the pipeline could generate nearly 1,000 jobs.
Mr. Alleyne noted that Global TT remains focused on meeting its investment targets, including TT$3 billion over the next two years and TT$9 billion within five years.
“61% of these opportunities are foreign direct investment, while 39 % are local direct investment, which really demonstrates the importance of supporting domestic investment to the Ministry of Trade, Investment and Tourism’s plans. We have also moved eight projects into committed status, primarily in the manufacturing and the hotel development sectors.”
He said the Trade Ministry aims to reposition underutilised state assets as viable investment opportunities.
More than 100 such assets have been identified, with Mr. Alleyne confirming that 15 have already been shortlisted and prioritised for investment.
“Today, we are positioning these as catalysts for investment and growth. Over 100 assets have been identified, and 15 of those assets have already been shortlisted and prioritised for investment focus. And importantly, engagement has commenced with the Office of the Procurement Regulator to ensure compliance and transparency.”