Valcom confirmed for Phoenix Park Industrial Estate

Valcom confirmed for Phoenix Park Industrial Estate

InvesTT Limited, the national investment promotion agency with the responsibility to promote e TecK’s Phoenix Park Industrial Estate, announces the recent confirmation of Valcom EMI Limited (Valcom) as one of the newest tenants at the Estate.

Seeking the most viable companies

Sekou Alleyne, President InvesTT notes - "We continue to seek the most viable companies in the manufacturing, logistics and distribution industries to tenant e TecK's Phoenix Park Industrial Estate. Valcom is an exclusive local distributor of well-known valve support brands for Trinidad and Tobago’s energy industry and fits the profile requirements for the Estate." 

"We expect that this million-dollar distribution facility expansion will project at least 28 new jobs during operationalization."
Sekou Alleyne, President, InvesTT

Mr. Peter Richards, Managing Director at Valcom explains – “Due to expansion within our organization we have long outgrown our current facilities and for over an extended period we had been unsuccessful in seeking a suitable location for our current operations and future growth. This recently changed when we signed our lease agreement to become a long-term tenant at e TecK’s Phoenix Park Industrial Estate."

"We now have an advantageous opportunity for further growth and expansion with monthly and annual property costs below the market average and still ideally located near to the Port of Pt. Lisas and to our clients within the Pt. Lisas Industrial Estate.”
Peter Richards, Managing Director, Valcom EMI

InvesTT's role

InvesTT’s facilitation of the 6-month process which was completed in November 2022 included the provision of information pertinent to the proposed tenancy requirements, follow-up, feedback and collaboration with the Estate’s landlord, e TecK. 

Valcom, a locally owned and operated company, specializes in the provision of valve support services. Currently located just outside the Pt. Lisas Industrial Estate they provide products and services to the vast majority of companies there including The National Gas Company of Trinidad and Tobago, Industrial Plant Services Limited (IPSL), Nutrien formerly PCS Nitrogen, Proman, Caribbean Nitrogen Company Limited, Air Liquide and others.

Upon full operationalization of the Special Economic Zones Act in 2023 companies situated at e TecK’s Phoenix Park Industrial Estate, who are licenced under the SEZ programme, will benefit from the attractive tax breaks and exemptions outlined in the Act.

Become a tenant at Phoenix Park Industrial Estate!

e TecK is the landlord with construction oversight of the Phoenix Park Industrial Estate.

To learn more about tenanting e TecK's Phoenix Park Industrial Estate, please send us your query at info@investt.co.tt today!