Trinidad and Tobago Minister of Trade and Industry, Vasant Bharath, has expressed that he is not convinced that potential foreign direct investors are fleeing from the islands because of the high crime rate.
He supported his stance explaining that many countries around the world also have high crime rates but this has not affected those territories from benefiting from investments.
Nevertheless, he acknowledged that the issue of crime is not something to be ‘swept under the carpet’ as it is indeed a problem. However, he distinctly swept away claims that crime could prevent the foreign direct investments. And rightfully so.
Fact is, Trinidad has some unique natural resources that automatically attract potential investors. Either they choose to not invest, or put protective measures in place where needed. Or is it that simple?Read More