TSCC’s inaugural, flagship event was held on March 27-28 at the Hyatt Regency, Port of Spain. In collaboration with the Oxford Business Group, the event aimed to develop synergistic ideas and sustainable relationships through presentations and discussions with a diverse panel of reputable, respected speakers, on global investment know-how, new market development and leveraging partnerships to support export of products and services, gain in forex and business growth. Bringing together business owners, industry experts, government officials, trade stakeholders and members of the media, the event attracted over 200 attendees, and a booth exhibition with representation by 15 members of the TSCC.
The Forum brought together business leaders and investment experts from both Trinidad & Tobago and Saudi Arabia to look at opportunities in the industrial, commercial and services sectors. The Forum engaged diverse presenters on global investment know-how and new market development by building partnerships to support local and inter-regional investments, the import and export of products and services and business growth opportunities.
The Business Forum featured highlights of the Vision 2030 plans of both countries as they seek life beyond Oil and Gas, followed by sessions on the Services Sector, including Tourism, ICT, Finance and Real-Estate, and the Industrial Sectors including Energy and Manufacturing.
This event was the culmination of about five years of the sustained cross-border trade cooperation initiatives of the Trinidad Saudi Chamber of Commerce. These activities focused primarily on the following objectives:
- Country promotion
- Business matchmaking
- Exploration and assessment of cross-border trade
- Investment promotion
The level of multi-sector consensus achieved with respect to the real scope for cooperation and need for greater state level facilitation was a major highlight of the event. The business forum was thought to be the most efficient way to consolidate the TSCC’s initiatives that were geared towards achieving these four objectives. For this reason, the business forum has been established as an annual event of the TSCC.