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Building Competitive Advantage‐Six Strategic Business Clusters and Enablers
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This document which has been prepared for discussion, comes at an appropriate time just after the recently concluded United Nations Conference on Sustainable Development in Rio de Janerio (Rio+20), and at a time when our thrust as a nation is towards economic stability, growth and sustainability.
Trinidad and Tobago’s economy has been driven primarily by our rich oil and gas sectors and its related downstream activities. A successful diversification strategy for Trinidad and Tobago therefore, would seek to rely on our ability to continue developing the oil and gas sector while at the same time strengthening, and further developing other economic sectors such as manufacturing, tourism, agriculture, finance and the creative industries. The focus is on these because a functioning base already exists in these industries. These sectors already contribute to a small percentage of GDP, but have the potential for further growth and can contribute to employment creation. Moreover, all have potential for spin-off industries and the creation of strong competitive clusters.
Ministry of Planning and Sustainable Development - Organizational Body
NONE
Management
English
July 2012
1-72
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