Investment Process
In 2018, The Government of the Republic of Trinidad and Tobago developed clear guidelines for the legal, institutional and administrative framework for the expansion of transshipment activities in Trinidad and Tobago.
1. Initial application form and full business proposal to be submitted by applicant to InvesTT for review and adjustment as recommended. InvesTT will forward finalised documents to the Ministry of Trade and Industry (MTI) for their assessment. Once the go-ahead is received from the MTI, the package will be forwarded to the Maritime Services Division (MSD) for consideration.
2. The MSD will determine a suitable location for the proposed activity. The applicant may also be directed to other government regulatory bodies for additional permits or approvals.
3. MSD may issue the applicant a letter indicating all the requirements for the specific operation. The bona-fide Owner/Agents will then make an official request to the MSD. It should be noted that local cadetships berths on vessels will be looked upon favourably.
4. Once all requirements are satisfied, a contract will be drawn up by the MSD and forwarded to Cabinet for Approval.
Download the Maritime Investment Guide for the Gulf of Paria, Trinidad and Tobago.
Maritime-Investment-Guide-for-Trinidad-and-Tobago-2019.pdf