(Trinidad Guardian) – China’s Ambassador to Trinidad and Tobago Fang Qiu has confirmed two Chinese companies will become tenants at the Phoenix Park Industrial Estate.
The Chinese Ambassador took to social media to announce the news of the deal, which he said would be a part of China’s Belt and Road Initiative.
He said, “Glad to know that two Chinese companies have signed the letters of offer with eTecK and will be tenants at Phoenix Park Industrial Estate (PPIE). PPIE is the first project in the Caribbean region to be implemented under the Belt and Road Initiative (BRI), and it will serve as a vital platform for enhancing practical co-operation between China and T&T.”
The Chinese Ambassador continued, “These two major light industry companies have confirmed their investment at PPIE, which will undoubtedly result in the creation of more jobs, an increase in manufactured goods exports, and a boost to T&T’s economic development.”
He closed, “I believe that with the two governments’ co-operation, PPIE will be completed in the near future and will attract more companies to establish operations at PPIE!”