Warehousing & Distribution

Warehousing & Distribution

The opportunity exists for the establishment of a warehouse and distribution centre to provide integrated inbound logistical solutions to a local and regional market. 

Opportunity Details

Trinidad and Tobago is centrally located and logistically equipped to provide direct access to distribution markets in South, Central and North America. Available space in close proximity to international shipping ports satisfies the requirement for easy access to distribution points.

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Location Advantages

  • Extended Market Access - As a CARICOM member Trinidad and Tobago has ready market access to 17 million people while bilateral trade agreements give businesses access to an additional export market of approximately 984 million consumers.
  • Lower operation costs - T&T has the lowest electricity rates in Latin American and Caribbean region. 
  • High port capacity - Currently ranked as 3rd for port capacity in the English-speaking Caribbean.
  • Easy local distribution  - 2nd most developed road network in the Caribbean.

 

Opportunity Trends

Recent reports on the Logistics industry placed the global market size at an estimated US$ 1,171 Billion in 2017 with a CAGR of 2.7% – 7% expected for the five-year period up to 2022. This growth in market size is attributed to the rapid growth in the e-commerce industry, fueled by increased penetration of high-speed internet and a rise in popularity towards online shopping. The reopening of borders globally is expected to see an increase in shipping and logistical activities.

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