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Setting up a business in Trinidad and Tobago is quite straight forward.
The Government of the Republic of Trinidad & Tobago (GORTT) encourages foreign direct investment in almost all sectors, with specific focus on the non-energy targeted sectors.
Trinidad and Tobago's success in energy has fueled its rapid development into one of the most industrialized and cost-effective nations in the Caribbean and Central America.
Trinidad and Tobago is a twin island republic situated below the hurricane belt, at the southern-most end of the Caribbean archipelago.
Edan K. Properties manages many complex projects - from purchase to conceptualization, financing and site development. In its role as facilitator, InvesTT has worked alongside Edan K. and played a significant role over the years in the fast-tracking of processes required to implement multi-faceted development projects.
InvesTT facilitated company registration and access to import duty concessions for equipment, engaged the Ministry of Energy & Energy Industries on the placement and inspection of their LPG tanks as well as facilitated smooth entry at Immigration for foreign engineers needed to install equipment and train local staff.
Located in St. Augustine Trinidad, Virtana Inc. is an outsourcing company that delivers high quality robotics software solutions to international technology companies, utilizing engineering graduates based in Trinidad and Tobago.
A Company with the desire to improve local communities.
Edan K Properties Ltd is a local property development company which accessed InvesTT’s services during the establishment of some of their key projects in Central and South Trinidad. Located in Marabella in southern Trinidad, this seemingly small company has big plans and a huge vision to improve the economic landscape of Trinidad and Tobago.
“We boldly take on challenges which others find too complex” says Nyal Khan, Executive Director. This philosophy is undoubtedly one of the keys to the Company’s success since its establishment in 1997 by Nyal’s father, Wazir Khan.
Nyal and his brother Jaaen, both executives at the Company, can testify to the stimulating encounters brought on by Edan K's expanded horizon of business opportunities over the past 10 years.
“We are not your typical developer, as we specifically focus on industrial or commercial development rather than residential. Our scope enables other businesses, local and international, to come into economic spaces developed by us.”
Edan K. Properties manages many complex projects - from purchase to conceptualization, financing and site development. Many of these projects originate out of a desire to improve the economic potential of communities.
In its role as facilitator, InvesTT has worked alongside Edan K. and played a significant role in the fast-tracking of processes required to implement multi-faceted development projects such as the Gasparillo Commercial and Oropouche Development projects.
“We operate in a fast-paced environment and we like to get things done quickly. I am very satisfied with InvesTT and their ability to help us expedite our development projects within short time frames.”
Having built the Gasparillo Mall in 2015 and other commercial buildings in the area, Edan K decided to purchase 4 acres of land near to the mall from its original owners who were in possession of the 1917 deed. This was a challenging process, but they pursued it diligently since their vision was to facilitate the growth of the Gasparillo business community. The project requires the conversion of single-lane roads to dual lanes to ease the traffic which would encourage more visitors to the town.
Edan K sought the assistance of InvesTT to facilitate the approvals process and coordinate meetings with regulatory entities and the Complex Development Facilitation Committee (CDFC) of the Town and Country Planning Division. Thanks to the added value which InvesTT brought to the development cycle, the Gasparillo Commercial project received approval within a much shorter time frame than what was expected.
“We take pride in seeing that the successful results of our facilitation services allow local companies like Edan K Properties to make substantial contributions to national economic development by investing in their country.”
InvesTT also worked alongside Edan K for success in the change of use from agricultural lands to industrial for the Oropouche Development project within a short time frame of 6 months. The agency worked with very tight timelines to ensure that Edan K was able to present their plans to the CDFC and receive the necessary approval in time to meet the needs of their client.
Other less complex yet significant projects to receive assistance from InvesTT include the Point Lisas Business Park project which was launched in 2016.
“Thank you InvesTT, for coordinating meetings between us and state agencies so that we can successfully start and complete our projects.”– Jaaen Khan.
At InvesTT, we can help you create long-lasting business linkages that will help you achieve your business goals.
Call us now or email us at firstname.lastname@example.org to learn how you can be successful in doing business in Trinidad and Tobago.