In a bold move to revitalize its maritime sector, Trinidad and Tobago’s Finance Minister Davendranath Tancoo unveiled a comprehensive $12 billion investment plan spanning seven years. The initiative aims to create 3,000 jobs and reposition the nation as a regional maritime hub. Key strategies include streamlining immigration and customs procedures, implementing digital clearances, and developing public-private partnership (PPP)-driven marinas and super yacht facilities to boost tourism and attract foreign investment. Additionally, the government plans to repurpose underutilized state assets, such as transforming the Caroni racing complex into a world-class convention center in collaboration with the TT Manufacturers’ Association (TTMA). To further strengthen the economy, a new export academy will be established, aiming to produce 100 export-ready firms annually. The government will also partner with the TT Chamber of Industry and Commerce and the Inter-American Development Bank to provide SMEs with training in trade facilitation, financing, e-commerce, and global marketing. The Eximbank will resume its core mandate of supporting exporters through foreign currency loans, with payments initially made in TT dollars before transitioning to the loan’s currency. Transparency in eligibility criteria and public reporting will ensure fairness, particularly for SMEs. Other initiatives include launching a national registry of exporters, promoting a ‘buy local’ campaign, and advancing partial scope agreements with India and West Africa.