00:00Industry stakeholders say the creative sector has the potential to create new investment, create jobs, and earn much-needed foreign
00:07exchange for Trinidad and Tobago.
00:10Speaking at a Carnival Catwalk Masterclass, Global Trinidad and Tobago Chief Executive Officer Sayuk Allen said the country must attract
00:18more productions while ensuring a greater share of production spending stays in the local economy.
00:33Allen says this will require stronger local producers, more internationally marketable content, and greater participation by domestic businesses.
00:54Prepared to capture that expenditure that those productions generate.
00:59Parliamentary Secretary in the Ministry of Trade, Investment, and Tourism says the creative sector also fits into government's wider strategy
01:07to attract investment and increase non-energy exports.
01:12Therein lies the nexus to the Ministry of Trade, Investment, and Tourism.
01:16The Ministry has set an ambitious target of $9 billion U.S. in national investment by 2030, while aiming to
01:28increase non-energy export revenue by an additional $2 billion U.S. by 2027.
01:34By developing our creative industries and commercial viability enterprises and taking Trinidad and Tobago's creative products into regional international markets,
01:45we create new sources of foreign exchange, attract investment, and expand the contribution of the creative sector to national economic
01:55growth.
01:55The message from the masterclass was that TNT's creative potential must extend beyond local audiences with stronger businesses, greater investment,
02:06and locally produced content capable of competing on an international stage.
02:11Charlotte Kisto, TV6 News.
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