Transport & Logistics
From The Report: Trinidad & Tobago 2020
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Trinidad and Tobago’s small size and strategic location in the Caribbean makes it well positioned to serve as a regional transport and logistics hub. However, the country has faced challenges in improving its connections to both surrounding nations and wider global markets. On the domestic level, an increasingly diversified economy will require an upgrade of the country’s road infrastructure and internal connectivity in order to facilitate the growth of non-oil sectors such as agriculture and tourism. While government oversight in the form of infrastructure investment will remain crucial, the role of private operators will also form an important part of the sector’s development. The ongoing efforts to improve and expand the road network will prove crucial to boosting socio-economic growth in rural areas and, as a result, enhancing the county’s wider diversification strategy. This chapter contains an interview with Ashley Taylor, President, Point Lisas Industrial Port Development Corporation.

Articles from this Chapter

Overview

Driving ahead: A series of infrastructure projects aim at tackling issues of congestion and positioning the nation as a regional transport hub
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Despite its relatively small size, Trinidad and Tobago is well placed to become a regional maritime and air transport hub. However, the country has faced challenges in improving its connections to both surrounding nations and wider global markets. On the domestic level, an increasingly diversified economy will require an upgrade of the country’s road infrastructure and internal connectivity in order to facilitate the growth of non-oil sectors such as agriculture and tourism. However, as hydrocarbons…

Analysis

Safe harbour: The country looks to position itself as a regional centre for liquefied natural gas bunkering amid more stringent environmental rules on shipping fuel
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In recent years Trinidad and Tobago’s maritime industry has witnessed changes that are sending ripples around the globe. New regulations, new technologies and changing trade volumes are altering the game, and several indicators show the country stands to benefit. A report released in August 2019 by investment firm First Citizens Research & Analytics outlined how T&T is well placed to capitalise on recent changes. On January 1, 2020 new International Maritime Organisation rules came into…

Interview

Full steam ahead: Ashley Taylor, President, Point Lisas Industrial Port Development Corporation, on sustainable alternatives to reducing sulphur oxide emissions and new opportunities in the region
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Interview:Ashley Taylor What impact did foreign exchange (forex) variations have on Trinidad and Tobago’s export market? ASHLEY TAYLOR: These variations mainly stem from the challenge of foreign currency availability, which was largely brought about by the downturn in international oil prices. The issue was then exacerbated by T&T’s falling hydrocarbons production. As a result, the lack of forex reduced the ability of manufacturers to import raw materials, which in turn affected their…

Overview

Ticket to ride: A combination of large-scale infrastructure investment and vehicle-sharing platforms are boosting urban mobility
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Across the globe the urban transportation sector is experiencing rapid expansion, driven by economic growth and a global demographic shift towards urbanisation. Politicians, urban planners and private sector actors are working together to find new solutions for reducing congestion and increasing the speed and efficiency of urban transport. However, unless proactive steps are taken to plan and invest in well-executed infrastructure, urban mobility can deteriorate. Road Vehicles Urban residents continue to rely heavily on privately owned vehicles. Worldwide, the number of cars in use is expected to exceed 2bn by 2040, according to investment research…

Overview

Ticket to ride: A combination of large-scale infrastructure investment and vehicle-sharing platforms are boosting urban mobility
OBG
plus

Across the globe the urban transportation sector is experiencing rapid expansion, driven by economic growth and a global demographic shift towards urbanisation. Politicians, urban planners and private sector actors are working together to find new solutions for reducing congestion and increasing the speed and efficiency of urban transport. However, unless proactive steps are taken to plan and invest in well-executed infrastructure, urban mobility can deteriorate. Road Vehicles Urban residents continue to rely heavily on privately owned vehicles. Worldwide, the number of cars in use is expected to exceed 2bn by 2040, according to investment research…