The Caribbean Council recently hosted an exclusive roundtable focused on investment opportunities in Tobago, examining developments in tourism, infrastructure, governance, and the wider economic outlook for the islands. The event, hosted at Charles Russell Speechlys, featured a presentation from Chris James, Senior Advisor to Chief Secretary Farley
Augustine, at the Tobago House of Assembly.
The discussion explored the region’s growing investment potential, driven by new airport development, significant hotel projects, and a shift in political and economic direction. The session also addressed key challenges such as environmental concerns, bureaucratic delays, and the need to modernize business processes to attract greater foreign investment.
Key Highlights Included:
- An overview of Tobago’s tourism and hospitality sector, including upcoming hotel developments and the new airport
- Insights into the political and governance landscape and the outlook for the upcoming house of assembly election
- Review of the ease of doing business in Tobago, focusing on regulatory challenges, digitalization, and planning approvals
- Exploration of the energy sector, including gas field development, hydrogen and ethanol production, and diversification efforts beyond oil and gas
- Environmental considerations for investors, with emphasis on Tobago’s protected rainforest and the need for EMA clearance prior to project commencement
- Opportunities for investment across eco-tourism, luxury real estate, renewable energy, education, and infrastructure
- An analysis of the country’s cruise industry and the potential for new growth markets
The event concluded with a call to action for UK businesses to invest, explore strategic partnerships, and position themselves in Tobago ahead of the island’s next phase of tourism and infrastructure-led growth.
A special thank you to Charles Russell Speechlys for hosting the event at their offices, and to Chris James for the informative presentation!
If you have any questions or comments regarding this post, please feel free to contact our team on team@caribbean-council.org
