04/29/2024
investt InvesT's president, Sekou Alleyne, had the pleasure of meeting with an executive delegation from Taizhou - a city located in the middle of the East China Sea Coast of Zhejiang province, just 30km south of Shanghai, China.
The delegation, led by Mr. Miao Weilun - Deputy Secretary of the CPC Taizhou Municipal Committee, arrived in (T&T) this week to meet with government officials and to take a look at e Teck's Phoenix Park Industrial Estate (PPIE) - the first project in the Caribbean to be completed under the Belt & Road Initiative. PPIE was constructed by the Beijing Construction Engineering Group under the astute management of e Teck and was formally opened in January 2024.
Given that over 174 manufacturers in Taizhou already export plastic products, steel items and autoparts to T&T, there is great potential for the PPIE to become a new base from which they can serve local and regional markets. The Taizhou delegation has been promoting the Estate to private entrepreneurs in Taizhou and will continue their promotion upon their return home, armed with pertinent information on T&T's business/investment environment.
In 2023, Summit (T) Luggage, a company with headquarters in Guangdong, China, was the first mover to the PPIE and currently manufactures and exports from Pt. Lisas well-known luggage brands to North American clients. For more of their story, see here..https://www.investt.co.tt/news-and-events/
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