Evolving TecKnologies and Enterprise Development Co. Ltd (e TecK) - Who's Who in Trinidad and Tobago Business

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Company Profile

In June 2003, the government of Trinidad and Tobago approved via Cabinet, a proposal to divest PIDCOTT’s assets from TIDCO where they were vested or held, and create an independent entity, which would own and manage of behalf of the government, various real estate holdings, including 19 Industrial Estates across the country and the Hilton asset. However, at a Cabinet meeting held in December 2004, the roles of the State Enterprises involved in Business Development, were reviewed and rationalized. As a consequence, the role of the company was expanded.

The change in status to a Special Purpose State Enterprise as well as the subsequent expansion of PIDCOTT’s mandate warranted a change of name to reflect more precisely the company’s new vision and mission. Consequently, the acronym e TecK, was developed to reflect the company’s focus on developing new business, particularly in the fledgling ICT and knowledge based industries, as well as the emphasis that would be placed on developing T&T’s human capital through innovative educational commercial initiatives and resultant career opportunities.

e TecK is led by a President who reports to a Chairman and Board of Directors, who are accountable to the Ministry of Trade and Industry. The company’s mandate deliverables are driven by an Executive Management team comprised of four Vice Presidents each responsible for a Division of operations and services, including Capital Projects, Property Management, Corporate Administration and Business Development. The portfolios of Corporate Communications and Financial Services report to the Office of the President. A small team of Managers and Consultants presides over the day-to-day affairs of the organization.

e TecK’s Mandate:

“To be responsible for developing the light industrial estates in Trinidad and Tobago by encouraging diversification of the country’s non-energy and downstream from energy production and export bases, exploring niche areas of investment for local and foreign companies, as well as providing infrastructural support by development of e TecK parks throughout Trinidad and Tobago”.