CAF To Launch Regional Office In Port Of Spain By 2027
Port of Spain, Trinidad and Tobago, is set to host a new CAF Regional Office in 2027, positioning the capital as a central hub for regional integration and development.
This was confirmed by the Ministry of Finance, which highlighted that T&T’s partnership with the CAF Development Bank of Latin America and the Caribbean has, since 2012, produced a “robust lending portfolio” of approximately US$1.8 billion.
According to the Ministry, this sustained financing has advanced several national priorities, including digital transformation, climate resilience, health system support, flood mitigation, and major infrastructure investments.
It said that over the past year, CAF has recorded “historic milestones” under the chairmanship of finance minister Davendranath Tancoo – among them unprecedented institutional expansion and enhanced transparency.
Minister Tancoo credited the success of CAF’s partnership to Prime Minister Kamla Persad-Bissessar, whose 2012 agreement with CAF made T&T a Special Member and paved the way for full membership in 2016.
