Trinidad and Tobago - Country Commercial Guide
Information and Communications Technology (ICT)
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Overview

ICT accounts for 3.7 percent of GDP, primarily in software development, web design, data processing, ICT training, and software solutions.  With 142 mobile phone subscriptions per 100 people, TT has one of the highest penetrations of mobile phone coverage in the world.  At the start of 2023, 79 percent of the total population had internet subscriptions.

TT is served by an IP-based core network and there are two mobile service providers, five broadband internet service providers, and three providers of switched voice-based services.  Professional and skilled labor can be secured locally, as there are over 400 ICT graduates each year from local universities.

The GoTT seeks to modernize how it interfaces with citizens to meet its sustainable development goals of improving economic growth by harnessing the transformational impact of technology on the economy, especially trade.  As a result, e-governance is an area for collaboration between businesses and the government, which has implemented some e-governance solutions such as the comprehensive “TTConnect” and “TTBizLink” portals to make government services more transparent and easily accessible.

Opportunities exist for companies that can create and successfully market electronic services that facilitate transactions on-line. 

Leading Sub-Sectors 

  • Telecommunications equipment
  • Telecommunications services: e-governance, e-marketing
  • Financial technology: e-payments
  • Cybersecurity

Opportunities 

E-governance and e-commerce potential remains underfulfilled and presents opportunities for well-crafted and well-implemented solutions.  Consulting firms experienced in the development of IT sectors may find their expertise sought after by both TT’s public and private sectors.  Opportunities exist for the provision of higher-level activities such as the writing and modification of software, design and integration of systems, and industry specific software solutions. With cyber-attacks on the rise and a lack of government capacity in this area, opportunities exist for American firms with knowledge and expertise in cyber security.

Resources

Telecommunications Authority of Trinidad and Tobago (TATT) https://tatt.org.tt/

Ministry of Digital Transformation https://mdt.gov.tt/