Creating and distributing additional copies is prohibited without the permission of the publisher. Contact subscriptions@latinfinance.com.

Out From Under the Mango Tree

Mar 1, 2006

In spite of lingering security concerns, the twin-island nation of Trinidad & Tobago is attracting fresh investment in a number of areas.

The twin-island nation aims for the sky.
Carjackings, kidnappings and armed robberies are on the rise in English-speaking Trinidad & Tobago, but so far the violence seems to be scaring away neither tourists nor foreign investors. Nor is the increasingly anti-American rhetoric coming from President Hugo Chávez in neighboring Venezuela – only seven miles from Trinidad at its closest point. In fact, Chávez's populist politics makes Trinidad seem even more business-friendly by comparison.

"Murder and kidnappings are two areas of particular concern, but most of these crimes are gang violence and don't affect the general public in a direct way," says Lyndon Guiseppi, managing director at RBTT Merchant Bank Ltd. in Port of Spain. "No one is running down Frederick Street snatching purses."

Investment Flowing
Even a recent rash of bombings in downtown Port of Spain and a corruption scandal that brought down Trinidad's energy minister haven't...

To continue reading please take a free trial, subscribe or login below.


Already have an account?

Subscribe

Subscribe now for unlimited access to all current and archive news, data and market analysis. 

Subscribe

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial



LatinFinance Events

Poll

Are populist governments like Venezuela & Argentina turning pragmatic?

Vote