--- id: 12185 title: "InvesTT: Best Direct Investment Promotion Team – The Caribbean 2023" award_year: 2024 published: 2024-01-02 13:55:57 published_gmt: 2024-01-02 13:55:57 author: "CFI.co Editorial" url: "https://cfi.co/awards/development/2024/investt-best-direct-investment-promotion-team-the-caribbean-2023/" categories: ["Development", "FDI Agencies", "Government", "Latin America"] content_class: award_rationale independence_status: independent_editorial sponsor_disclosure: none editorial_lens: constructive_positive_lens historical_status: current_at_publication correction_status: none archive_policy: no_delete provenance_layer: github_versioned wayback_status: archived wayback_first_snapshot: 20240420132003 wayback_snapshot_url: "http://web.archive.org/web/20240420132003/https://cfi.co/awards/development/2024/investt-best-direct-investment-promotion-team-the-caribbean-2023/" license: CFI-OAAL-1.0 content_sha256: b9b4facd5fe15d0e3cce952bd34490ec8a759e3626f0c4f60c6c1cf300e1a008 canonical: 12185-investt-best-direct-investment-promotion-team-the-caribbean-2023.json --- # InvesTT: Best Direct Investment Promotion Team – The Caribbean 2023 > Verbatim archived copy. Canonical machine record: `12185-investt-best-direct-investment-promotion-team-the-caribbean-2023.json`. InvestTT

This endorsement from Garth Baptiste of Unicomer has pride of place on the InvestTT homepage. (TT stands for Trinidad & Tobago): “I’ve never met a more dedicated, professional, knowledgeable staff in facilitating investment. InvesTT is like a school-crossing guard at rush hour – they hold your hand... they ask you what you haven’t thought about. I don’t think there’s any question I haven’t asked the team.” Trinidad and Tobago, with a very low electricity rate, is located below the hurricane belt, just over three hours by air from Miami, has an English-speaking population of 1.4 million, and a GDP of US$30.5B. Temperatures rarely fall below 21 degrees Centigrade during the European winter. As Baptiste intimates, potential investors will find sunny smiles, professional expertise, and local knowledge leading to smooth startups and beyond. Quarterly investor satisfaction surveys averaged 92 percent positive over the past two years. InvesTT is differentiating itself from others by focusing on key non-energy sectors including manufacturing, logistics, outsourcing, the hospitality industry, and agroprocessing. The national investment promotion agency is tasked by government to attract non-Energy FDI to help diversify the economy. Business costs are low, and this destination has good access to global markets. Government incentives are generous, and Trinidad and Tobago has an open investment climate. Aside from the praise of Garth Baptiste, the judges know of many investor success stories attributable to InvesTT, and confirm the 2023 award Best Direct Investment Promotion Team The Caribbean.