• Transport

    OBG examines all aspects of local transport infrastructure, including sea, air and land. Our analysis within the transport sector reviews the major projects under way and planned, such as airport expansions, port plans, public transit systems, road construction and rail networks.
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The aviation sector is experiencing rapid growth worldwide, propelled by booming tourism industries, lower air fares and the push for greater connectivity in an increasingly globalised economy. Middle-class expansion has also spurred growth in air travel, as more people are able to afford flights for holidays or business-related travel....

 

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...

 

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...

 

What strategy is being employed to boost air traffic in Trinidad and Tobago, and the region?

Chapter | Transport & Logistics from The Report: Trinidad & Tobago 2018

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...

Optimism is returning to Trinidad and Tobago after years of recession. With the IMF forecasting GDP expansion of 1% in 2018 and 0.9% in 2019, the government now has the opportunity to shift their focus from tackling short-term economic problems to implementing long-term reforms and policy initiatives.