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Economy of Trinidad and Tobago


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Trinidad and Tobago's infrastructure is good by regional standards. The international airport in Trinidad was expanded in 2001. There is an extensive network of paved roads with several good four and six lane highways including one controlled access expressway. The Ministry of Works estimates that an average Trinidadian spends about four hours in traffic per day. Emergency services are reliable, but may suffer delays in rural districts. Private hospitals are available and reliable. Utilities are fairly reliable in the cities. Some areas, however, especially rural districts, still suffer from water shortages.

Telephone service is relatively modern and reliable. Cellular service is widespread and has been the major area of growth for several years. Telecommunications Services of Trinidad and Tobago Limited (generally known as TSTT) is the largest telephone and Internet service provider in Trinidad and Tobago. The company, which is jointly owned by the Government of Trinidad and Tobago and Cable & Wireless, was formed out of a merger of Telco (Trinidad and Tobago Telephone Company Limited) and Textel (Trinidad and Tobago External Telecommunications Company Limited). TSTT no longer holds a monopoly in fixed-line telephone services due to Flow introducing a fixed-line service of their own, and their cellular monopoly was broken in June 2005 when licences were granted to Digicel and Laqtel. Laqtel however never started business
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