Third Party Logistics Hub
The opportunity exists for the establishment of a Hub and Spoke third party logistics hub to provide integrated logistical solutions to a local and regional market.
Opportunity Details
Trinidad and Tobago’s geographic position as a gateway to CARICOM and North America, positions us as an excellent choice to establish a regional logistics hub. Companies will benefit from the ability to refine and streamline their supply chain offering. Setting up your Third Party Logistics operations here allows your business to benefit from efficient access to goods and services, ready access to international markets, reduced costs in terms of inputs and transportation, and cost effective, quick delivery to customers locally and regionally.
Key Advantages
- Location – The island is located at the southernmost point of the Caribbean archipelago with direct access to the Caribbean, Central and South America.
- Upfront investment costs - Results in lower costs charged by vendors and result in tighter inventory controls and lower distribution costs.
- Low electricity rates – T&T has the lowest electricity rates in Latin America and the Caribbean.
- Market access - Our CARICOM membership provides market access to 17mn consumers, with bilateral trade agreements giving businesses access to an additional export market of close to a billion consumers.
- Infrastructure - T&T sports one of the most developed road networks in the Caribbean and is highly ranked for port capacity in the English-speaking Caribbean.
Warehousing & Distribution
The opportunity exists for the establishment of a warehouse and distribution centre to provide integrated inbound logistical solutions to a local and regional market.
Opportunity Details
Trinidad and Tobago is centrally located and logistically equipped to provide direct access to distribution markets in South, Central and North America. Available space in close proximity to international shipping ports satisfies the requirement for easy access to distribution points.
Location Advantages
- Extended Market Access - As a CARICOM member T&T has ready market access to 17 million people while bilateral trade agreements give businesses access to an additional export market of close to a billion consumers.
- Lower operation costs - T&T has one of the lowest electricity rates in Latin American and Caribbean region.
- High port capacity – Advanced port capacity in the English-speaking Caribbean.
- Easy local distribution – One of the most advanced road networks in the Caribbean.