There were 32 results found for Trinidad & Tobago and Transport

There were 32 results found.

Overview

Trinidad and Tobago's Vision 2030 offers a plan to upgrade transport infrastructure amid economic growth
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As the economy diversifies, Trinidad and Tobago continues to push for major transport infrastructure upgrades. Under Vision 2030, a 15-year framework inclusive of UN Sustainable Development Goals, an allocation of TT$1.91bn ($283.3m) was made for FY 2017/18 to the Public Sector Investment Programme (PSIP), which aims boost production through quality infrastructure and transportation. The PSIP…

Analysis

Infrastructure key to improving connectivity between Trinidad and Tobago
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As the country is made up of two separate islands, Trinidad and Tobago’s infrastructure is essential for its economic prosperity. However, the available forms of transport between the islands, consisting of one cargo vessel, two ferries and water taxis, is limited and in need of upgrades. The sole cargo vessel, the Superfast Galicia, was built in 2002 and chartered in 2014. The larger of…

Country Report

The Report: Trinidad & Tobago 2018
OBG
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Optimism is returning after years of recession, despite the fourth quarter of 2017 seeing real economic activity contract by 1.2% year-on-year and the IMF putting growth for the whole year at -2.6%. The organisation forecasts expansion of 1% in 2018 and 0.9% in 2019, with the government now having the opportunity to shift their focus from tackling short-term economic problems to implementing long-

Chapter

The Report: Trinidad & Tobago 2018: Transport & Logistics
OBG
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While some areas of transport and logistics have experienced a decline in performance in recent years due to overall sluggish economic performance, a projected turnaround in 2018 will likely have a positive impact on the industry. However, from port and airport, to road construction projects and upgrades, there still is a way to go to bring Trinidad and Tobago’s infrastructure up to speed with economic…

Economic News

Trinidad and Tobago moves to strengthen transport links

Improved air and sea connectivity is expected to bolster regional ties, and support growth in Trinidad and Tobago’s tourism sectors. In mid-January national carrier Caribbean Airlines (CAL) inaugurated a direct flight from Port of Spain to the Cuban capital, Havana. CAL will operate two flights on the new route each week on Tuesdays and Saturdays, timed to connect with its other regional destinations,…

Economic News

Trinidad and Tobago accelerates use of natural gas for automotive industry

A large-scale incentives programme and stronger infrastructure backbone are driving government plans to promote vehicles powered by compressed natural gas (CNG). In mid-July the Private School Transport Association of Trinidad and Tobago (PSTATT) added two new CNG-fuelled minibuses to its fleet, as part of a TT$3.6m ($531,880) incentives programme introduced late last year by National Gas Company…

Interview

Rohan Sinanan, Minister of Works and Transport: Interview
OBG
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Interview: Rohan Sinanan Which key infrastructure projects are being prioritised over the next 18 to 24 months? ROHAN SINANAN: We are prioritising major highway construction, most notably the San Fernando to Point Fortin Highway, which will open up the entire southwest peninsula and stimulate economic activity. It will also shave two hours off commuting time between the two destinations. We are also…

Overview

The Trinidad and Tobago transport sector refocuses on long-term strategies
OBG
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Trinidad and Tobago has a long history as a transport hub. On his first trip to the region in 1595, British explorer Walter Raleigh considered the Gulf of Paria, away from the hurricane belt to the north, to be a suitable port. He found the ideal source of asphalt for caulking his ships in Pitch Lake and could use the naturally sheltered island as his base for exploring South America and the…

Analysis

Petrol being replaced with natural gas in Trinidad and Tobago transport
OBG
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Following five years of planning and investment, 2016 saw significant progress towards the government’s goal of having 17,500 vehicles fuelled by compressed natural gas (CNG) on the roads by the end of 2018. Motors running on CNG are cheaper to run, produce less harmful emissions, and free up more of Trinidad and Tobago’s diesel and gasoline production for export. Public transportation…

Chapter

The Report: Trinidad & Tobago 2017: Transport
OBG
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In recent years Trinidad and Tobago’s transport sector has faced significant competition and challenges, and with government coffers squeezed by the drop in global oil prices, major infrastructure updates and the proposed creation of a multi-modal public transit system have been put on hold. In the 2016/17 budget the Ministry of Works and Transport received TT$2.09bn ($312m) in funding, far behind…

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There were 32 results found for Trinidad & Tobago and Transport

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