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In November 2011, the OECD removed Trinidad and Tobago from its list of Developing Countries. [3] Trinidad's economy is strongly influenced by the petroleum industry. Tourism and manufacturing are also important to the local economy. Tourism is a growing sector, although not as proportionately important as in many other Caribbean islands.
ArcelorMittal Point Lisas is the largest steelmaker in the Caribbean and the largest non-oil industrial complex in Trinidad and Tobago. It is a fully integrated mini-mill, using internally produced high-quality direct reduced iron (DRI) to manufacture billets and a wide range of medium to high quality grades of wire rods.
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In 1972, construction began on the landmark Tatil Building in Port of Spain, which was completed in 1974. Tatil Building rises 12 floors above ground and is 45.25 metres (148.5 ft) high. The building houses the Trinidad and Tobago Insurance Limited company. [8] [9] The total construction budget was TT$8.2 million. [10] The building is owned by ...
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The National Infrastructure Development Company Limited (NIDCO), is a state-owned company of Trinidad and Tobago. [1] History
Such companies include BP (Trinidad and Tobago Ltd), and Repsol (Trinidad and Tobago Ltd). As a result of the sale of RBTT Holdings to the Royal Bank of Canada in a cash and share deal in the late 2000s, a significant number of RBC shares are held by former shareholders of RBTT Holdings, which, at the time of its delisting, was one of the ...
The Urban Development Corporation of Trinidad and Tobago (UDeCOTT), is a state owned company of Trinidad and Tobago. [1] It was founded on December 28, 1994. [1] It is carrying out construction projects that form Vision 2030, which is the plan created by the government, to achieve first world status, by the year 2030.
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