Manufacturing
Manufacturing is an untapped frontier of enterprise in the TCI. An evolution has begun in recent times with a gradual shift towards this type of industry fed by high demand through the visiting tourists and the close proximity to major markets. The market for products made locally has grown in tandem with the vast economic and tourism development that has occurred in the islands. The tourism sector, which brings over 1 million visitors a year, provides a regular demand for local goods, from food and drink to souvenirs, from construction materials to items of furniture and interior design. The favorable tax laws in TCI provide significant benefits to TCI based light manufacturing. TCI Government is beginning to explore the introduction of green technologies to the islands and wishes to encourage private sector developers to pursue manufacturing projects in this field.
