Tobago Division of T&T Chamber of Industries & Commerce hopes that foreign investment act gets repealed.
Scarborough, Tobago – Tobago’s challenge of attracting foreign direct investment (FDI) might soon be eased. The Chairman of the Tobago Division of the Trinidad and Tobago Chamber of Industry and Commerce, Curtis Williams, anticipates significant changes to the Foreign Investment Act.
Williams expects these legislative amendments will streamline the investment process, making it considerably easier for foreign investors considering opportunities in Tobago. This development aims to invigorate the island’s economy by attracting crucial international capital and fostering new business ventures, overcoming historical hurdles in securing FDI.
