Manufacturing
Exciting developments now underway augur well for the continued growth of Trinidad and Tobago’s manufacturing sector – particularly if combined with the right support and incentives.
“Steps must be taken to encourage entrepreneurship,” says new President of the Trinidad and Tobago Manufacturers’ Association (TTMA) Karen de Montbrun. “We realise that many companies have reached maturity and, in order to remain competitive, manufacturers must retool and adopt new technologies.
“One way of encouraging investment in the manufacturing sector is allowing incentives in terms of capital investment in plants and machinery,” she told Who’s Who.
There must also be an enabling business environment that encourages, informs and regulates all business and investment, she said.
The TTMA is optimistic that there will be further strengthening of Trinidad and Tobago’s Manufacturing Sector in 2007-2008 but expressed concern that the cost of doing business was taking a toll on co...
