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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.
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Trinidad Petroleum Holdings Limited (TPHL) was incorporated on 5 October 2018, with the government of Trinidad and Tobago the sole shareholder. [5] On 1 December 2018 Petrotrin was dissolved. Its petroleum exploration, development, and production assets and responsibilities were distributed to a new corporation, Heritage Petroleum.
CL Financial was the largest privately held conglomerate in Trinidad and Tobago and one of the largest privately held corporations in the entire Caribbean, before the company encountered a major liquidity crisis and subsequent bailout in 2009.
The National Infrastructure Development Company Limited ... is a state-owned company of Trinidad and Tobago. [1] ... 2005, but the inaugural Board was appointed on 22 ...
One Caribbean Media Ltd (OCM) is a vertically integrated holding company based in Port of Spain, Trinidad and Tobago.The new company was founded in December 2005, following the merger of the Caribbean Communications Network (CCN) of Trinidad and Tobago, and the Nation Corporation of Barbados.
Telecommunications Services of Trinidad and Tobago Limited (generally known as TSTT) is an incumbent telephone and Internet service provider in Trinidad and Tobago. [4] [5] The company, which is jointly owned by the Government of Trinidad and Tobago and Cable & Wireless Communications, was formed out of a merger of Telco (Trinidad and Tobago Telephone Company Limited) and Textel (Trinidad and ...
Trinidad Generation Unlimited (TGU) is an independently operated parastatal managing a single power plant but is the second largest producer in Trinidad and Tobago. The 720-megawatt (MW) TGU facility is the largest combined-cycle power generation plant in the Caribbean and currently supplies approximately 50% of Trinidad & Tobago's electrical ...