Are businesses moving out of Port of Spain?

While Port of Spain is the business centre for much of the country and is an important financial services hub for the Caribbean, the commercial density has resulted in challenges in parking, traffic and office space availability.

Consequently, the traffic challenges and overpopulation in the Central Business District of Port of Spain have driven some organizations, local and international, to consolidate their offices from around the country to one of the developing commercial hubs/districts.

Commercial developers have capitalized on this and met demand through new projects in developing areas that offer ample office, retail and warehouse space, abundant parking and greater access to other parts of the country.

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