Manufacturing Industries In Trinidad
More than 100 years in the Oil and Gas industry has seen Trinidad and Tobago develop into the manufacturing hub of the English-speaking Caribbean, with large clusters in food and beverage, chemical and non-metallic minerals and assembly-type related industries.
- 1st in the Caribbean for overall infrastructure.
- 2 major international ports.
- 63 plus shipping lines that use ports in T&T.
- 3rd highest container port throughput in the English-speaking Caribbean.
- 19 industrial parks
- Major export partners with USA, Chile, Argentina, Spain, Dominican Republic, Barbados, Colombia, Guyana, Jamaica, Netherlands and Suriname.
HVM Industries - Financial, Strategic and Social Value
The evolution of manufacturing industries in T&T over the past decade has seen the emergence of High Value Manufacturing sub-industries. There is no universal definition for High Value Manufacturing. However, these industries are characterized by the importance of not only financial performance, but also strategic importance to national and regional economies and the social impact of business operations. At Tamana InTech Park, High Value Manufacturing is defined by an assessment of the degree of emphasis placed on each of these three facets.
Why HVM at Tamana is Right for You?
The Park provides a rich environment that supports the research and development, environmental, community and economic goals for the growth of a robust HVM cluster.
Tamana InTech Park (TIP) has as one of its anchor tenants, The University of Trinidad and Tobago (UTT). The UTT has strategic alliances with a number of international academic institutions including The University of Texas at Austin, University of Cambridge, John Hopkins Medicine International LLC, The Technical University of Denmark, SIRIM Berhad of Malasia, IBM World Trade Corporation and University of British Colombia. There are fifteen campus sites nationwide with the main campus under its final stage of development at TIP. Its first phase of operations at the Park is scheduled for 2017. The presence of the University on the Park will provide ready access to skilled graduates and make research and development linkages possible.
TIP is a good fit for manufacturers who possess environmentally sensitive expansion goals. In addition to the many green features of the Park's Flagship Office Complex, the final Park design features 30% of permanent green space in addition to the Moriche Palm Reserve. All tenants are provided with an eco-friendly business environment, to which they have an opportunity to contribute.
Lower Business Costs
In addition to benefiting from the lowest energy cost in the Western Hemisphere, tenants at Tamana InTech Park can enjoy the convenience and security of a fully independent sub-station that provides power to the Flagship Office Complex, all leasable lots and the UTT campus. The Park is also serviced by an onsite sewer system and waste water treatment plant and alternative power supply via natural gas.
While the island’s geographic location is ideal for importing raw materials from South American countries, Tamana InTech Park provides its own added conveniences. The Park is located away from city congestion yet is conveniently only 10 minutes from the Piarco International Airport and approximately 45km from the Port of Port of Spain.
In 2013 the Port of Port of Spain ranked 3rd throughout the Caribbean region. Shipping lines with regular service to the ports at Port of Spain and Point Lisas include Maersk Line, Mediterranean Shipping Company (MSC), CMA CGM Group, Hapag-Lloyd, Cosco, Zim, Bernuth and Hamburg Sud transporting containerized cargo to and from the USA, Europe, UK and the Far East.