Trinidad and Tobago is one of the most favourable business environment in the Caribbean. The sharp drop in energy prices has impacted the Government's budget and revenues. The country’s high level of exports flowing from oil, natural gas and related downstream industries is creating some strain on the government’s fiscal flexibility. Future growth will be modest at best over the medium term due to energy prices, although some growth will come from the non-energy sector. Foreign investment is a central element of economic policy and is supported by the business and labor sectors. The country also has a well-developed financial sector. In the short term, construction and infrastructure sectors are expected to drive most of the growth in Trinidad and Tobago.
- Construction & Infrastructure
- Oil and Gas