STATE ENTERPRISES’ INVESTMENT PROGRAMME 2014
29
SUSTAINING GROWTH, SECURING PROSPERITY
EVOLVING TECKNOLOGIES AND ENTERPRISE DEVELOPMENT
COMPANY OF TRINIDAD AND TOBAGO LIMITED (eTecK)
Since its establishment in 2004, the mandate
and responsibilities of the Evolving TecKnologies
and Enterprise Development Limited (eTecK)
have expanded from the development of indus-
trial estates and assets management to include
hotel management, sector development and in-
vestment promotion. The company established
two (2) subsidiaries namely InvesTT Limited and
Asset Optimisation Company (AOC) Limited.
These developments have led to a revised man-
date for eTecK which includes:
• to develop new modern economic zones
through public private partnership that can
expand and diversify Trinidad and Tobago’s
economic base;
• to improve the infrastructure and operation of
existing economic zones/industrial parks;
• to optimise existing industrial parks on a
commercial basis; and
• to manage the assets of the Hilton
International Trinidad Limited and the
Magdalena Grand Beach Resort.
InvesTT Limited
This company was incorporated on November
08, 2011 and was mandated:
• to
increase
Trinidad
and
Tobago’s
attractiveness to foreign and local investors
via effective branding and promotion of
Trinidad and Tobago as the place to invest and
do business;
• to simulate new growth through investor
sourcing in targeted sectors;
• to facilitate and provide aftercare of local
and foreign investors to retain and grow
investment; and
• to simulate growth through sector ecosystem
innovation.
Asset Optimisation Company (AOC) Limited
AOC was incorporated on January 12, 2012 with
the following responsibilities:
• to manage eTecK’s assets, including the
existing industrial parks, hotel assets and any
new assets acquired as part of the Group’s
strategic intent;
• to implement and manage asset policy
and ensure that acquisition, disposal and
management of assets aredone in the interest
of the company’s mission; and
• to develop new facilities/industrial parks to
be utilised by local and foreign investors.
ECONOMIC INFRASTRUCTURE
• building export selling capabilities of firms to
bolster and develop their international selling
skills; and
• providing business intelligence to firms in the
form of country, company, market and sector
information.
TRINIDAD AND TOBAGO ENTERTAINMENT COMPANY LIMITED (T&TEnt)
Trinidad and Tobago Entertainment Company
Limited (T&TEnt)was incorporatedonNovember
30, 2006. Its principal business activity is to
develop a globally competitive entertainment
industry.