Home' Trinidad and Tobago Guardian : July 13th 2017 Contents JULY 13 • 2017 guardian.co.tt BUSINESS GUARDIAN
NEWS | BG5
on TIC 2017
Christopher Alcazar, president
of the Manufacturers' Asso-
ciation (TTMA), said the re-
cently-concluded Trade and
Investment Convention (TIC)
was the most successful one
in its 18-year history.
On the opening day, the Business Guardian
spoke to some of the interesting, colourful and
innovative booths at the TIC to see what new
trends in the business world were on display.
These are some of the stories that partici-
pants had to share.
Luthfie Witto'eng, Indonesia's non-resident
Ambassador to T&T, said the Asian economic
giant wants to increase trade with T&T.
The embassy is based in Caracas, Venezuela.
Indonesia belongs to the top 20 largest econ-
omies in the world and because of this, it is
part of the G-20 economies.
The country is a large producer of copper,
nickel, gold and coffee among other products.
"This is the first time that Indonesia has a
booth at TIC. When I presented my credentials
in T&T in 2016, the President of T&T, Anthony
Carmona, said there are many opportunities to
increase business between our two countries."
He spoke to the Business Guardian on the
opening day of the TIC, last Thursday at the
Centre of Excellence, Macoya.
Some of the products they had on display
included: clothes, jewelry, food, and coffee.
"Indonesia is a big country with a population
of 250 million people. We also have security and
military products to offer foreign countries.
Right now Indonesia's economy has stabilised
and we expect strong growth in the future."
At the same time, he said, both countries
have to do more do build more business ties.
"Right now Indonesia exports some paper
to T&T and also food products but there is so
much more we can do. Our trade with T&T is
very small," he said.
According to Davide Zampini, manager,
Global Research and Development at Cemex,
the company has new products that will add
value to the T&T market.
He told the Business Guardian that Cemex---
based out of Mexico and the majority share-
holder in Trinidad Cement Ltd (TCL)---wants
to offer new construction solutions to its cus-
tomers in T&T and worldwide.
"This booth reflects who we are and it is
made of cement-based materials such as
concrete, gravel and other related products.
Through the concrete elements in the booth
there are things to interact with. Concrete does
not have to be grey and dull; there are things
that can amaze people," he said.
Zampini spoke about concrete products they
offer that can bend like steel, light-weight
products and a porous concrete system that
can drain water.
"There are many different innovations that
we are bringing about in the industry. This
booth is deigned to be interactive."
He said Cemex wants to understand the
needs of T&T's market.
"A very good product that we are going to
promote is our permeable concrete. We un-
derstand that flooding is a big issue in T&T.
We need to find a good solution for that. This
concrete can be used in parking lots, or in dif-
ferent areas where there is flooding. We not
only offer materials that can drain water but we
also offer the whole solution. So we design the
concrete that can drain water plus the whole
water management system."
Hasan Arif, sales agent for Anmol Buscuit,
was also at TIC this year. He told the Business
Guardian that although they have newly en-
tered the T&T market, they are confident they
will grow quickly.
Anmol is a manufacturer of sweet biscuits,
semi-sweet biscuits and cream biscuits in
Noida, Uttar Pradesh, India.
"The brand has been in T&T for about one
year. We are here at TIC because we want to
introduce more people to our products. People
in T&T love this product and that is why they
have been ordering it. Several supermarkets
including Massy Stores are selling them."
He said so far T&T is the only Caribbean
country where Anmol is available but they
would like to see the product grow regionally.
Keith London, marketing officer at T&T Bu-
reau of Standards, said on Tuesday that they
promoted their Quality Intelligence Business
Solutions at TIC this year.
"This means using the tools of quality to help
businesses with quality control and quality
assurance. There may be businesses having
problems looking for foreign exchange and they
cannot get it. So these businesses are looking
for alternatives and substitutes as inputs in
their production process.
"How would a business owner know these
substitutes can withstand the rigour of their
production process? The TTBS is willing to
partner with businesses to use the tools of
quality control to guide the production pro-
He said they held seminars at the TIC and
described it as "a success"
"The feedback was promising. People were
interested. We are engaging a few to see how
best we can help the industry with solutions."
TTMA president: Most successful convention ever
Minister of Trade and
Industry Paula Gopee-
Scoon, left, congratulates
right, following the
official opening of the
2017 Trade and
at the Centre of
Excellence in Macoya,
Looking on is: THA
deputy chief secretary
and finance secretary,
Joel Jack, second right,
Darbasie, group chief
executive officer First
PHOTO: ANISTO ALVES
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