The recent devastation caused by Hurricane Beryl has brought to light the shortcomings of the Keith Rowley administration and the PNM over the past 15 years. Back in 2009, then prime minister Patrick Manning spoke of developing a thriving ship-building and repair industry at Chaguaramas, positioning it as a key hub for vessels in the Caribbean. However, despite promises and potential, the Rowley administration has failed to deliver on this vision.
As Hurricane Beryl approached, Finance Minister Colm Imbert noted the influx of boats seeking refuge in Chaguaramas from neighboring countries. Yet, the government’s neglect of the marine sector was evident in outdated registration systems that frustrated visiting yachties. Calls for modernization had fallen on deaf ears, as other Caribbean nations embraced digital processes for efficiency.
Manning’s dream of a robust marine sector driving economic diversification has not been realized, with the sector remaining underdeveloped despite initial tax incentives. Chaguaramas’ natural advantages have attracted yachties, highlighting the untapped potential for a thriving marine industry in Trinidad and Tobago.
The urgent need to strengthen repair and maintenance facilities was emphasized by marine operators, pointing to the country’s calm waters and skilled labor as key attractions. The booming global marine industry, particularly in leisure and relaxation, presents an opportunity for TT to establish itself as a premier regional hub.
While other Caribbean nations have flourished in catering to yachts, Trinidad and Tobago has lagged behind due to government inaction. It is crucial for the nation to revisit and fulfill the promises made 15 years ago to spur economic growth and cement its position in the marine sector.
