Trinidad & Tobago Today: Economic Diversification Presented by Nneka Luke – Manager Corporate Communications, e TecK.

Trinidad & Tobago Today: Trinidad & Tobago Today:

Economic Diversification Economic Diversification

Presented by Nneka Luke – Manager Corporate Communications, e TecKPresented by Nneka Luke – Manager Corporate Communications, e TecK

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AgendaAgenda

e TecK in Context T&T Today: Key Economic Indicators The Ten Sectors for Development T&T’s Competitive Advantages Developments in Downstream Energy Developments in ICT Tamana InTech Park “Going East” Conclusion

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e TecK in Context: e TecK in Context: What We DoWhat We Do

•Diversification of the T&T economy

•Ownership, Development and Management of Tamana InTech Park (TIP)

•Management and Development of Industrial Parks

•Project Management Development

•Investment Promotion: Marketing and promotion of T&T in the global marketplace

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GDP US$20.9 Bn

GDP per capita US$15.3 Bn

Real GDP growth 5.5%

Inflation 9.7% (May 2008)

Unemployment 5.5%

Net official reserves US$7.1 Bn

Export US$13.4 Bn

Imports US$7.7 Bn

T&T Today: T&T Today: Key Economic IndicatorsKey Economic Indicators

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Global Leader in:

Export ofExport ofMethanolMethanolExport ofExport ofMethanolMethanol

Export ofExport ofLNG to LNG to

USAUSA

Export ofExport ofLNG to LNG to

USAUSAExport ofExport ofAmmoniaAmmoniaExport ofExport ofAmmoniaAmmonia

T&T: A Global Leader T&T: A Global Leader in Energyin Energy

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Ten Sectors for DevelopmentTen Sectors for Development

Downstream Energy Information, Communication &

Technology (ICT) Food & Beverage Printing and Packaging Fish and Fish Processing Merchant Marine Leisure Marine Film and Broadcasting Music and Entertainment Tourism

For more details, visit www.investtnt.com

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T&T Competitive AdvantagesT&T Competitive Advantages

Trade Agreements Investment Incentives Strategic Location: Easy access to the Americas Relatively large market for trade Infrastructure Globally recognized support services Track record of global investment excellence Market access Government support Market forces

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Competitive Advantage: Competitive Advantage: Trade Agreements Trade Agreements

CARICOM Single Market & Economy (CSME) CARICOM Single Market & Economy (CSME) 15 member countries including T&T15 member countries including T&T Free movement of goods, services, people and Free movement of goods, services, people and

capital throughout CARICOM without tariffs and capital throughout CARICOM without tariffs and restrictionsrestrictions

Ongoing discussions with MERCOSUROngoing discussions with MERCOSUR

CBI - Caribbean Basin Trade Partnership Act CBI - Caribbean Basin Trade Partnership Act (CBTPA): (CBTPA): - CARICOM Countries / USA- CARICOM Countries / USA

European Partnership Agreement - European European Partnership Agreement - European Union / ACP CountriesUnion / ACP Countries

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Competitive Advantage: Competitive Advantage:

Investment IncentivesInvestment Incentives

Foreign Investment Act Foreign Investment Act 5 acres of land for purpose of trade and 5 acres of land for purpose of trade and

business business 30% cumulative shareholding in a public 30% cumulative shareholding in a public

companycompany Fiscal Incentives Act – Approved Enterprise Fiscal Incentives Act – Approved Enterprise Customs Act – Customs Duty ExemptionCustoms Act – Customs Duty Exemption Tourism Development Act – Tax HolidaysTourism Development Act – Tax Holidays Free Zones Act – Withholding tax exemptionsFree Zones Act – Withholding tax exemptions

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Competitive Advantage:Competitive Advantage:LocationLocation

T&T: Gateway to the Caribbean, Latin America and Beyond

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Downstream EnergyDownstream Energy

Downstream Metal ProcessingDownstream Metal Processing

Aluminium Extrusion ProductsAluminium Extrusion Products Automotive PartsAutomotive Parts

Light Metallurgy ProductsLight Metallurgy Products Household Fittings Household Fittings Containers/ Bottle CapsContainers/ Bottle Caps Foil / SheetingFoil / Sheeting

SteelSteel Galvanized and Roofing Galvanized and Roofing

MaterialsMaterials Storage TanksStorage Tanks

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Polypropylene ProductsPolypropylene Products

Carpeting Carpeting RopesRopes FibresFibres Plastic containersPlastic containers ToysToys

Polyethylene ProductsPolyethylene Products Plastic BagsPlastic Bags Specialty FilmsSpecialty Films ContainersContainers

Downstream EnergyDownstream Energy

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ICTICT

Knowledge-Based BusinessesKnowledge-Based Businesses Business Process Outsourcing Medical Transcription Training and

Production

Software-Based BusinessesSoftware-Based Businesses Software Development (Healthcare and

Oil/Gas) Software Related Services (Maintenance

and Integration)

Product DevelopmentProduct Development Medical / Optical Device Manufacture Electronic Assembly

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Tamana Intech ParkTamana Intech Park

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TIP AdvantagesTIP Advantages

Full range of business-enabling services on site Eco-Indusrial Park – LEED certified buildings,

sustainable development Cluster approach – networking, partnering,

business development Scalable, top-class ICT Infrastructure State-of-the-art security systems Presence of UTT campus on site – Quality R&D,

top-class human resource capital, partnerships

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University of University of Trinidad & Tobago (UTT)Trinidad & Tobago (UTT)

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Contact Information

The AtriumThe Atrium

Don Miguel Road ExtensionDon Miguel Road Extension

El SocorroEl Socorro

Trinidad & TobagoTrinidad & TobagoTel: 1-868-675-1989Tel: 1-868-675-1989

Fax: 1-868-638-7742Fax: [email protected]://www.investtnt.comhttp://www.eteck.co.tt

The AtriumThe Atrium

Don Miguel Road ExtensionDon Miguel Road Extension

El SocorroEl Socorro

Trinidad & TobagoTrinidad & TobagoTel: 1-868-675-1989Tel: 1-868-675-1989

Fax: 1-868-638-7742Fax: [email protected]://www.investtnt.comhttp://www.eteck.co.tt