Investing in Trinidad and Tobago is to invest in the Caribbean's most business - friendly environment; a country relentlessly pursuing first place among the world's most competitive nations. At the Tourism and Industrial Development Company of Trinidad and Tobago Ltd. (TIDCO), our task is to make the investment process as straightforward as possible for you, the investor.

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Breaking News...
There is no doubt that Gas to Liquid(GTL) is the wave of the future in gas applications emphasized Duwaik -Chairman of Reema International Corporation- Colorado......(June 5th,2000)

Point Lisas, Trinidad, June 5,2000. Reema International Corp. announced the start of engineering work by signing an Agreement with Parsons Energy &Chemicals Group, Inc., OMAR Duwaik, chairman of Reema, said:"The signing of the agreement sets the stage for commencing the process of Engineering design, Procurement and Construction ("EPC") of the proposed Gas to Liquids ("GTL") Plant in Trinidad. The capital cost of the plant, however, is US$275-300million."

During the construction, the Plant will employ approximately 1000 employees. Afterwards, about 130 people will be employed. After completion, the plant is expected to convert approximately 100 million cubic feet per day (100mmcf/d) of natural gas into about 10,000 barrels per day (bb1/d) of sulfur -free andaromatics -free diesel, jet fuels, naphtha and other high quality specialty products. Additionally, the Plant will be producing about 420,000 gallons/day of clean industrial -quality water.

According to the Environmental Protection Agency of the U.S. Government, one of the major causes of pollution in most cities around the world is the content of sulfur, aromatics and other contaminants found in the products generated from crude oil.

"There is no doubt that GTL is the wave of the future in gas applications," emphasized Duwaik. Rueters had reported from London on June 28, 1998," Recent advances in converting natural gas into clean environmentally friendly oil products could trigger revolutionary changes in the world energy industry."
Arthur D. Little, global consulting firm, was more emphatic, "GTL will revolutionize the gas industry
The way the first LNG Plant did 40 years ago.

"Based on our estimates," continued Duwaik, " the economic impact of the proposed Plant on the economy of the Republic in terms of direct gas purchases, taxes, profit sharing and local expenditures is about US$4.0 billion over the 20- year life of the project.

New Projects:

Aikane Trinidad Limited - is located in the Freezone area of Chaguaramas on Trinidad's north western peninsula. Having completed its prototype - the Aikan No. 1, 56 foot catamaran, the company is gearing up for full production, i.e. 3 - 4 units a year for export. A training school is also being set up upgrade available skilled labour in many fields of boat building. Photo: The Aikane No. 1 56 ft Catamaran

Recently described as an economic tiger in a sea of pussycats by the New York Times, Trinidad and Tobago tops the Caribbean investment tables. Indeed, after Canada, Trinidad and Tobago has the highest per capita level of foreign direct investment in the Western Hemisphere. Its strategic location, enormous reserves of oil and natural gas, modern infrastructure, skilled and industrialised labour force, and the quality of life in our beautiful twin-island republic, are just a few reasons why.

OTHER TIDCO WEBSITES
Tourism Information www.VisitTNT.com
Trade Opportunities www.TradeTNT.com
Entertainment Industry www.entertainTNT.com
Information Technology www.ITTNT.com
Marine Industry www.boatersenterprise.com