Sunday, February 25, 2018

T&T team meets Chinese investors

Prime Minister Kamla Persad-Bissessar and Trade Minister Vasant Bharath yesterday invited business people in Shanghai, China to invest in Trinidad and Tobago.

Invest Trinidad and Tobago Ltd, in collaboration with the China Council for the Promotion of International Trade (CCPIT), hosted the second Business Forum in Shanghai at the Portman Ritz Carlton Hotel.  

The forum, intended to promote the investment opportunities and sectors in Trinidad and Tobago to potential Chinese investors, attracted some 120 people, the Ministry of Trade said in a statement.  

Bharath said: “We have noted with great interest that in 2013, China invested approximately US$20 billion in Latin America and the Caribbean and are hopeful that our country can be a recipient of a larger portion of these flows.”  

He called on Chinese investors to aggressively pursue investment opportunities in Trinidad and Tobago.

Persad-Bissessar identified the seven business clusters for diversification—maritime, downstream energy, food sustainability, creative industries (film, fashion, music), tourism, sports and financial services and urged the investors to “come to Trinidad and Tobago to do business”.

Today, Bharath will lead a local business delegation to Guangzhou, alomg the south coast of China, to host the third and final Business Forum, with an expected 100-plus potential investors, the ministry said.