AGP Executive Report
Last update: 7 hours agoUS-T&T Deal Flow: Trinidad and Tobago signed MOUs with U.S. firms to advance large data centres and AI infrastructure, including a framework for a 300MW Ernst & Young-led project and a 150MW Hummingbird AI facility—moves already drawing public questions over energy use and environmental impact. Industrial Metals Revival: Government also signed an MOU with Pinnacle Steel and Vanadium Corporation to discuss refurbishing and recommissioning the Point Lisas iron and steel plant, with a push toward strategic metals supply, including potential vanadium output. Energy Sector Governance: PowerGen’s new board was installed, with Attorney General John Jeremie’s son named deputy chairman, as the state signals tighter oversight for electricity generation. Manufacturing Pressure Point: The TT Manufacturers’ Association renewed calls to clear a VAT refund backlog, saying delayed payments are choking reinvestment and job creation. Trade & Affordability Push: CARICOM leaders and private sector groups agreed on practical steps to cut intra-regional trade and logistics costs to ease cost-of-living pressures. Copper Export Clampdown: A one-year ban on copper exports kicks in amid rising theft and vandalism of critical infrastructure, with only licensed manufacturers allowed under strict conditions.
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