Trinbago: A Favourable Tourism Investment Climate

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Trinbago: A Favourable Tourism Investment Climate

Postby TIDCO » Sat Dec 31, 2016 2:30 pm

The Government of Trinidad and Tobago through the Tourism Development Act, Chapter 87:22 facilitates the development of the Tourism Industry by providing investors with various incentives and concessions.

In addition, there are a number of other attributes that make Trinidad and Tobago an excellent location for tourism investment:
    A diverse and differentiated tourism product anchored by a unique culture and lifestyle
    Investment grade credit rating by Standard and Poor’s and Moody’s Investors Service
    Relatively low utility costs
    World-class construction and ancillary services (surveying, valuation and design) as well as a centre for education
    A well-developed human resource base
    Political stability
    Located outside of the Atlantic hurricane belt
    A gateway to Latin America, the United States and Canada with close proximity to South America and the French-speaking Caribbean
    Strong demand for business hotel rooms

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