Blog Caribbean 5.0

Blog Caribbean 5.0

Trinidad and Tobago

Posted on April 11, 2013 at 7:30 AM

Trinidad and Tobago is one of the wealthiest and most developed nations in the Caribbean and is listed in the top 40 (2010 information) of the 70 High Income countries in the world. It has one of the highest GDP per capita of USD $20,300 (2011) in the Caribbean.[43] In November 2011, the OECD removed Trinidad and Tobago from its list of Developing Countries.[44] Trinidad's economy is strongly influenced by the petroleum industry. Tourism and manufacturing are also important to the local economy. Tourism is a growing sector, although not proportionately as important as in many other Caribbean islands. Agricultural products include citrus, cocoa, and other products.

Recent growth has been fueled by investments in liquefied natural gas (LNG), petrochemicals, and steel. Additional petrochemical, aluminum, and plastics projects are in various stages of planning. Trinidad and Tobago is the leading Caribbean producer of oil and gas, and its economy is heavily dependent upon these resources but it also supplies manufactured goods, notably food and beverages, as well as cement to the Caribbean region.

Graphical depiction of Trinidad and Tobago's product exports in 28 colour-coded categories.Oil and gas account for about 40% of GDP and 80% of exports, but only 5% of employment. The country is also a regional financial centre, and the economy has a growing trade surplus.[9] The expansion of Atlantic LNG over the past six years created the largest single-sustained phase of economic growth in Trinidad and Tobago. It has become the leading exporter of LNG to the United States, and now supplies some 70% of U.S. LNG imports.[45]

Trinidad and Tobago has transitioned from an oil-based economy to a natural gas based economy. In 2007, natural gas production averaged 4 billion cubic feet per day (110,000,000 m3/d), compared with 3.2×106 cu ft/d (91,000 m3/d) in 2005. In December 2005, the Atlantic LNG fourth production module or "train" for liquefied natural gas (LNG) began production. Train 4 has increased Atlantic LNG's overall output capacity by almost 50% and is the largest LNG train in the world at 5.2 million tons/year of LNG.

Trinidad and Tobago's infrastructure is good by regional standards.[original research?] The international airport in Trinidad was expanded in 2001. There is an extensive network of paved roads with several good four and six lane highways including one controlled access expressway. The Ministry of Works estimates that an average Trinidadian spends about four hours in traffic per day.[citation needed] Emergency services are reliable, but may suffer delays in rural districts.[citation needed] Private hospitals are available and reliable.[citation needed] Utilities are fairly reliable in the cities.[citation needed] Some areas, however, especially rural districts, still suffer from water shortages.[citation needed]

Telephone service is relatively modern and reliable.[original research?][citation needed] Cellular service is widespread and has been the major area of growth for several years. Telecommunications Services of Trinidad and Tobago Limited (generally known as TSTT) is the largest telephone and Internet service provider in Trinidad and Tobago. The company, which is jointly owned by the Government of Trinidad and Tobago and Cable & Wireless, was formed out of a merger of Telco (Trinidad and Tobago Telephone Company Limited) and Textel (Trinidad and Tobago External Telecommunications Company Limited). TSTT no longer holds a monopoly in fixed-line telephone services due to Flow introducing a fixed-line service of their own, and their cellular monopoly was broken in June 2005 when licences were granted to Digicel and Laqtel. Laqtel however never started business.


Categories: Caribbean Society 3.0, SIDS

Post a Comment


Oops, you forgot something.


The words you entered did not match the given text. Please try again.

Already a member? Sign In


Reply vanllen
5:09 PM on January 29, 2023 
1960s womens dresses cincinnati reds hat white polo big and tall undershirts youth nfl nike bengals 22 william jackson white nfl vapor untouchable jersey atlanta braves fitted hat fitting nemeziz 19.4 indoor
Reply Diamond Abrasive Tool
12:02 PM on January 29, 2023 
Camping Table Chair
Diamond Abrasive Tool
Reply Rotary Rack Oven
8:45 PM on January 28, 2023 
Reply boolymn
2:12 PM on January 28, 2023 
com erectile dysfunction news 20060501 erection problems may affect young men ring stromectol for sale canada
Reply caltav
10:32 AM on January 28, 2023 
purple 4s jordans modern western dress black classic doc martens rams hockey jersey new latest fashion dress hot honeymoon dress
Reply Shakeout Conveyor
2:32 AM on January 28, 2023 
Touch Screen Kiosk
Shakeout Conveyor
Reply andylampert
11:07 PM on January 27, 2023 
red white blue dress adidas mls jersey tommy bahama womens polo shirts christian dior short sleeve button up boston red sox cap price utah university x men yankee gear cheap
Reply «ë«¤«ô«£«È«ó«³«Ô?î¯øÖ
8:06 AM on January 27, 2023 
Easy Slide Felt Foot Pads For Furniture
Sma Pcb Connector
Reply ?????°¥¬???¿E¦w¥N¤Þ?
10:56 PM on January 26, 2023 
Reply nexussforum
9:19 AM on January 26, 2023 
washington wizards gilbert arenas jersey moncler coat red womens bears blue jersey nike olympic running shoes banned nike zoom vaporfly gs all black grey uk snake print dress
Reply vpdf
6:58 AM on January 26, 2023 
rose lavelle uswnt jersey nike free 4.0 flyknit black for cheap adidas gazelle schwarz white gold and other stories shirt dress babydoll dress floral
Reply Immenry
7:10 PM on January 25, 2023 
pylori infections 1 buy cialis online Thus the KO PyMT G2 M block evidenced in Fig
Reply golden goose shoes
12:27 AM on January 25, 2023 
Thank you so much for providing individuals with an exceptionally memorable possiblity to read articles and blog posts from this web site. It is often so beneficial and also full of fun for me and my office fellow workers to visit the blog really thrice in 7 days to learn the new tips you have. And lastly, I'm also always amazed considering the astonishing tactics served by you. Certain 3 tips in this posting are in fact the best I've ever had.
golden goose shoes
Reply yeezy 350
12:27 AM on January 25, 2023 
I am just commenting to make you know what a helpful experience my cousin's girl developed reading yuor web blog. She learned numerous details, not to mention what it's like to possess a great helping mood to make the mediocre ones smoothly comprehend selected hard to do things. You truly surpassed our own expectations. Many thanks for displaying these interesting, trusted, explanatory and also easy tips on this topic to Kate.
yeezy 350
Reply off white jordan
12:26 AM on January 25, 2023 
I am writing to make you know of the terrific experience my cousin's child obtained visiting your blog. She figured out too many details, with the inclusion of what it's like to have an incredible coaching heart to make many more without hassle understand some complex subject matter. You truly exceeded visitors' expected results. Thanks for imparting such informative, trustworthy, revealing and in addition easy tips on your topic to Sandra.
off white jordan
Reply kobe shoes
12:25 AM on January 25, 2023 
I as well as my buddies were reading through the good things from the website while all of a sudden I got an awful feeling I had not expressed respect to the web blog owner for those secrets. The men came warmed to see them and have now simply been having fun with them. Thank you for actually being quite considerate as well as for picking this kind of impressive tips most people are really needing to know about. My very own honest apologies for not expressing gratitude to you sooner.
kobe shoes
Reply Ispie Raffia Yarn
8:41 PM on January 23, 2023 
Trimeric Cyanamide
Ispie Raffia Yarn
Reply Entertino
4:12 PM on January 23, 2023 
I and others already post in the other thread enclomiphene vs clomiphene 2000 Oct; 46 4 565 70
Reply kd shoes
2:06 PM on January 22, 2023 
A lot of thanks for your entire effort on this blog. My niece loves carrying out investigation and it's really simple to grasp why. I hear all relating to the lively method you deliver efficient steps by means of the blog and as well increase participation from the others about this topic and our daughter is without a doubt studying so much. Take pleasure in the remaining portion of the year. You have been carrying out a tremendous job.
kd shoes
Reply alexander mcqueen shoes
2:06 PM on January 22, 2023 
I have to express my gratitude for your kindness for those who should have help on this particular area. Your very own dedication to passing the message throughout appears to be particularly valuable and has constantly enabled girls like me to get to their endeavors. This insightful recommendations signifies a lot to me and far more to my office workers. Best wishes; from each one of us.
alexander mcqueen shoes