Crime Not Hurting FDI… Yet

April 2008 | Ratings Update

According to the Minister of Finance Karen Nunez-Tesheira, high crime levels have not downwardly impacted foreign direct investment. Her comments came after a bombing in Port of Spain in April - near where the government is hoping to establish an International Finance Centre - highlighted the ever-present security risks on the island group. While Trinidad & Tobago will remain an attractive destination for capital while global energy prices are high, we believe that the authorities must substantially reduce crime in the longer term to maintain the country's investment appeal.

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