CAF approves $200m loan to boost tourism infrastructure in Trinidad and Tobago

CAF - the deveopment bank of Latin America - has approved a $200 million loan to support Trinidad and Tobago’s management, planning and investment of tourism infrastructure.

The financing will support different ongoing institutional initiatives, such as the upgrade of the National Tourism Policy; the strategic plan for the Trinidad and Tobago’s Airports Authority; the development of a National Maritime Policy and Strategy; the analysis to develop ports and logistics hub in the country, specifically in Port of Spain; and the development and integration of the Port Community System in the ports’ logistic chain.

Additionally, the loan will help improve other tourism infrastructure linked to beaches, airports, connectivity between islands and access to sectors that are attractive to visitors.