Logistics

Logistics

Trinidad & Tobago’s industrialized import/export economy, proximity to international shipping lines, well developed port infrastructure and trade agreements (regional & international) make it an ideal location to set up a logistics hub for Central America and the Southern Caribbean.  

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Investment Opportunities

Warehousing & Distribution

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Third Party Logistics

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Sector Quick Facts

Industry Participants -

  • Established International MNCs
  • Ready resource pool of Customs Brokers
  • Broad spectrum of established Shipping Agents

Ports – Two international seaports handling cargo - Port of Spain and Point Lisas

Highway Infrastructure  - T&T is ranked 2nd in the Caribbean for highway infrastructure.

Available Real Estate - Phoenix Park wihen completed will have for lease 76 land lots and 5 factory shells.

Shipping Lines serving Trinidad – Established presence of major international shipping brands.

Why T&T For Logistics?

- Fast delivery locally and regionally.
- Geographical gateway to CARICOM and North America refines and streamlines supply chain offering.
- Convenient access to goods and services
- International market access of 965 million persons
- Low transportation costs.
- Opportunities in – Sub-sectors

Stakeholders

  • Trinidad & Tobago Customs & Excise
  • Maritime Services Division of Trinidad & Tobago
  • Shipping Association of Trinidad & Tobago
  • Port Authority of Trinidad & Tobago
  • Trinidad & Tobago Ministry of Trade & Industry

OCEAN FREIGHT RATES US$

General Cargo from Port of Spain to: 20 ft. Container 40 ft. Container
Bridgetown, Barbados 1260.00 1957.00
Kingston, Jamaica 1086.00 1442.00
Miami, USA 1466.00 2427.00
New York, USA 2222.00 2825.00
Toronto, Canada 2658.00 3461.00
London, UK 1837.00 2924.00
From Port of Spain to: Min. Charge <45kg 45kg 100kg 300kg 500kg
Bridgetown, Barbados 60.00 1.04 0.87 0.76 0.69 0.61
Kingston, Jamaica 60.00 2.93 2.16 2.04 1.83 1.59
Miami, USA 60.00 1.97 1.54 1.46 1.22 0.95
New York, USA 60.00 2.29 1.75 1.63 1.49 1.10
Toronto, Canada 60.00 3.16 2.35 2.23 2.04 1.87
London, UK 100.00 1.04 0.87 0.76 0.69 0.61
Tokyo, Japan 125.00 15.30 12.25 10.20 8.42 7.66

In addition to the above rates all shipments will incur the following:

Airway Bill cost: US$10.00
Security: US$3.00
Fuel: US$0.25 per kg at a minimum of US$20.00

 

Sector Incentives

Special Economic Zone (SEZ) : Phoenix Park 

Phoenix Park is ideally suited for businesses operating in Manufacturing & Assembly, Logistics & Distribution and ICT industries. Tenants will have access to a modern industrial space with built infrastructure for the provision of required utility services to each of the lots. Learn more

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Investments

TEL: +1 868 225 4688FAX: +1 868 225 5820