PORT OF SPAIN, TRINIDAD AND TOBAGO — The government of the Republic of Trinidad and Tobago’s Ministry of Trade and Industry has disbursed $317,500 to Caribbean Sea and Air Marketing. The funds are part of a research and development facility (RDF) geared toward infusing technology into operations.
Caribbean Sea and Air Marketing makes Moruga Hill Rice. The Ministry of Trade and Industry said Caribbean Sea and Air Marketing plans to use the RDF to increase the use of technology in the manufacturing process. Funding will be used to modify large-scale harvesting equipment, apply new technology and research and develop new products, the government agency said.
“The government continues to offer incentives to businesses with export potential involved in strategic sectors,” said Minister of Trade and Industry Paula Gopee-Scoon. “Wholly owned local businesses with innovative and technology driven ideas are encouraged to apply for funding under the RDF.”