State Enterprises Investment Programme 2015

The State Enterprise Sector is comprised of fifty-nine (59) companies, of which forty-seven (47) are wholly owned, seven (7) are majority owned and five (5) in which GORTT has a minority shareholding.

These entities operate in the gas and oil industry, infrastructure development, banking and financial services, manufacturing, transport and communication, training, tourism, agriculture, information technology and the provision of social services.

The number of wholly-owned companies increased by four (4) in 2014 with the incorporation of Caroni GREEN Limited, Cocoa Development Company of Trinidad and Tobago Limited, Human Capital Development Facilitation Company Limited and National Health Services Company Limited.

In 2013, GORTT’s equity holding in the State Enterprises Sector totalled $8,499.1 million with a Return on Capital Employed (ROCE) of 5.0 percent. This Sector also contributes to the economy through foreign exchange earnings, employment, dividend payments and taxes.

Source: Ministry of Finance

Date Published: 2014