Trinidad and Tobago’s oil and gas industry is on its way to becoming among the world’s best.
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Mutual Mobilization
Institutional investors in Trinidad are demanding more long-term investments.
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Oiling the Engines of Growth
The energy business is fueling the country’s economic expansion, but the wealth is not reaching everyone.
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Putting Liquidity to Work
The government and investors want to establish greater depth in the local capital markets.
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Rules of the Game
Trinidad and Tobago offers minimal restrictions and ample incentives for investors
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December 2002
Pemex, Mexico’s national oil company, has been on a
starvation diet for years. It’s one of the world’s biggest oil exporters but still has to borrow lots of money. The company’s production is falling and eventually there will be no profits left to milk.
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Finding Sustainable Growth
After years of fat profits, banks in the Dominican Republic are set for more conservative expansion.
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Looking Longer Term
Corporate financial transparency needs to become a new operating standard.
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Opening a Gateway
A new large-scale port could boost the country’s status as a regional transshipment center.