The economy of Trinidad and Tobago is the third wealthiest in the Caribbean and the fifth-richest by GDP (PPP) per capita in the Americas. Trinidad and Tobago is recognised as a high-income economy by the World Bank. Unlike most of the English-speaking Caribbean, the country's economy is primarily industrial, with an emphasis on petroleum and petrochemicals. The country's wealth is attributed to its large reserves and exploitation of oil and natural gas.
Trinidad and Tobago, a country that relies heavily on industrialisation and tourism, has various transport systems.
The Borough of Chaguanas is the largest municipality and fastest-growing town in Trinidad and Tobago. Located in west-central Trinidad, south of Port of Spain, north of Couva and San Fernando, and named after the indigenous tribe who originally settled there, it grew in size due to its proximity to the Woodford Lodge sugar refinery. It remained a minor town until the 1980s when it began to grow rapidly as it drew people for its bargain shopping and moderately priced housing. Its rapid growth has seen property values increase dramatically, however.
The Gulf of Paria is a 7,800 km2 (3,000 sq mi) shallow semi-enclosed inland sea located between the island of Trinidad and the east coast of Venezuela. It separates the two countries by as little as 15 km at its narrowest and 120 km at its widest points. The tides within the Gulf are semi-diurnal in nature with a range of approximately 1m. The Gulf of Paria is considered to be one of the best natural harbors on the Atlantic coast of the Americas. The jurisdiction of the Gulf of Paria is split between Trinidad and Tobago and Venezuela with Trinidad and Tobago having control over approximately 2,940 km2 (1,140 sq mi) (37.7%) and Venezuela the remainder (62.3%).
Mittal Steel Company N.V. was an Indian company and one of the world's largest steel producers by volume and turnover. After a merger in 2005, it is now part of ArcelorMittal.
Caroni County was a historic county of Trinidad and Tobago. It occupies 557 km2 (215 sq mi) in the west central part of the island of Trinidad, the larger island in the Republic of Trinidad and Tobago. It lies south and southwest of Saint George County, west of Nariva County and north of Victoria County. To the west it is bounded by the Gulf of Paria. County Caroni includes the towns of Chaguanas, the largest town in the country and Couva, the capital of the Couva–Tabaquite–Talparo region. Administratively it is divided between the Borough of Chaguanas, the Region of Couva–Tabaquite–Talparo and the Region of Tunapuna–Piarco. The county was divided into four Wards: Chaguanas, Couva, Cunupia and Montserrat. The major towns of County Caroni are Chaguanas and Couva. The port and industrial zone of Point Lisas is located in Caroni, and the region is also a site for agriculture.
Couva is an urban town in west-central Trinidad, south of Port of Spain and Chaguanas and north of San Fernando and Point Fortin. It is the capital and main urban centre of Couva–Tabaquite–Talparo, and the Greater Couva area includes the Point Lisas industrial estate and the port of Point Lisas. It is one of the fastest-growing towns in the country. Couva's southern boundary is at the village of California and Point Lisas, and to the north Couva stretches to McBean. To the east of Couva is Preysal. To the west of Couva is the road to Waterloo and Carli Bay, which are located on the Gulf of Paria. Couva was part of the Caroni County. Couva is considered a major power base for the United National Congress, whose headquarters was previously located here.
Sipitang is the capital of the Sipitang District in the Interior Division of Sabah, Malaysia. Its population was estimated to be around 4,298 in 2010. It is the closest town in Sabah to the Sarawak border, and is 44 kilometres south of Beaufort and 144 kilometres south of Kota Kinabalu, the state capital and also is 123 kilometres north of Long Pasia, one of the famous attraction in Sabah and the most southern in Sabah.
Couva–Tabaquite–Talparo is one of the nine regions of Trinidad and Tobago, and one of the five regions which form the Gulf of Paria coastline on Trinidad's West Coast. Its regional capital and commercial center is Couva. Couva–Tabaquite–Talparo is the third-largest of Trinidad and Tobago's nine regions, with an area of 723 square kilometres (300 sq mi). As of 2011, the population was 178,410. The region is the second-most populous and fourth-least-densely populated region in Trinidad with 247 inhabitants per square kilometre (640/sq mi).
National Fertilizers Limited (NFL) is an Indian central public sector undertaking and the largest government-owned-Urea fertilizer-producer in India as of 2022. It is a Miniratna (Cat-1) company, with the Government of India owning a majority stake.
Trinidad and Tobago Electricity Commission (T&TEC) is the sole retailer of electricity in Trinidad and Tobago. It is responsible for the design, construction, operation and maintenance of the country's electrical transmission and distribution network. The utility supplies electric power to customers on both islands via a single interconnected grid. Electrical energy is widely been purchased, metered and feed into the national grid from independent power producers. These producers are the Power Generation Company of Trinidad and Tobago (PowerGen) giving a total of 1,344 MW, Trinidad Generation Unlimited (TGU) giving 720MW and Trinity Power Ltd. giving 225 MW. All power stations in Trinidad and Tobago are fueled by hydrocarbons.
The National Petrochemical Company (NPC), a subsidiary to the Iranian Petroleum Ministry, is owned by the government of the Islamic Republic of Iran. It is responsible for the development and operation of the country's petrochemical sector. Founded in 1964, NPC began its activities by operating a small fertilizer plant in Shiraz. Today, NPC is the second largest producer and exporter of petrochemicals in the Middle East. Over these years, it has not only expanded the range and volume of its products, but it has also taken steps in areas such as R&D to achieve more self-sufficiency.
Québec Cartier Mining Company was one of the leading producers of iron ore products in North America, now part of ArcelorMittal.
Dow Village is a village located within the borders of California, Couva in the region of Couva–Tabaquite–Talparo in Trinidad and Tobago. It is famous for its annual play based on the Ramayana called Ramleela. This live play chronicles the activity of Lord Rama as he rescues his wife, Sita, from the clutches of Ravana. Dow Village is also known for the lighting of clay pots called deyas on Divali day. The diyas are lit along the street in bamboo arches. There is also a very old masjid and several churches, in addition to a mandir. It borders Esperanza Village.
The National Gas Company of Trinidad and Tobago Limited (NGC) is a state-owned natural gas company. It was created by the Government of Trinidad and Tobago in 1975. NGC is operating in the field of gas pipelines, industrial sites, gas production, port and marine infrastructure, natural gas liquids and liquefied natural gas. It has assets worth $43 billion. Its credit rating by Moody's is Baa2 and A− from S&P The company currently operates in Point Lisas, Couva at the Point Lisas Industrial Estate.
Acron Group is a global Russian mineral fertilizer producer.
JSW Ispat Steel Ltd (JISL) was set up as Nippon Denro Ispat Limited in May 1984 by founding chairman M. L. Mittal. The company has operations in iron, steel, mining, energy and infrastructure. It is listed on the Bombay Stock Exchange and National Stock Exchange of India. Ispat Industries was ranked 5th among major next to Tata steel and JSW steel companies in India for the year 2008 by Business World. It is headquartered in Mumbai and employs about 3,000 people.
Fertilizer Corporation of India Limited (FCIL) is a public sector undertaking in India under the ownership of Ministry of Chemicals and Fertilizers, Government of India.
Manufacturing in New Zealand contributed $23 billion (12%) of the country's gross domestic product and directly employed 241,000 people in 2017, while manufactured goods made up 52% of the country's exports by value. The food and beverage subsector alone contributed 32% of manufacturing's GDP and 71% of exports.
