State Enterprises Investment Programme 2020

The State Enterprises Sector is comprised of 55 companies, of which 42 are wholly owned, eight are majority owned and five in which GORTT has a minority shareholding. These entities operate in the gas and oil industry, banking and financial services, manufacturing, transport and communication, tourism, agriculture, information technology and the provision of social services.

In fiscal 2018, GORTT’s equity holding in the State Enterprises Sector totalled $14,169.9 million with a Return on Capital Employed (ROCE) of (11.0) percent. This Sector contributes to the economy through foreign exchange earnings, employment, dividend payments and taxes.

Source: Ministry of Finance

Date Published: 2019