Closed Loop Cycle Production in Trinidad & Tobago Presenter: Dr Rikhi Permanand Executive Director Economic Development Board (EDB)/ Council for Competitiveness.

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Presentation transcript:

Closed Loop Cycle Production in Trinidad & Tobago Presenter: Dr Rikhi Permanand Executive Director Economic Development Board (EDB)/ Council for Competitiveness and Innovation (CCI) 1 December 2014

About the EDB and CCI Economic Development Board (EDB) and Council for Competitiveness and Innovation (CCI) Both Government funded, public private sector operated advisory bodies to the Minister of Planning and Sustainable Development Established in 2011 Operating since 2012 EDB Core Mandate: Oversee the diversification strategy (7 industry clusters) Develop the 5 economic growth poles CCI Core Mandate: Improve national competitiveness Build national capacity for innovation Supporting development of NIP & NIS

Food Energy Creativity Maritime Tourism Financial Services ICT 7 Industrial Clusters5 Growth Poles North Coast Trinidad (Sustainable Development) East Port of Spain (Urban Regeneration) Central (Industrialisation) Southwest Peninsula (Industrialisation) North East Tobago (Sustainable Development) EDB: Diversification Clusters and Growth Poles

Clusters for Diversification Import Sub. Exports ICT Financial Services Education & Training Infrastructure Research & Development Intellectual Property Enablers

Growth Poles North Coast Trinidad Sustainable Development East Port of Spain Urban Regeneration “Four Cs” Industrialisation South West Peninsula Industrialisation North East Tobago Sustainable Development

CLCP and the EDB/CCI Due to the direct and positive relationship between food sustainability and the CLCP Project in Trinidad, Cabinet Minute No of October 9, 2014, appoints the Executive Director of the Economic Development Board to the role of the national authority for Trinidad and Tobago The Executive Director of the EDB is therefore responsible for endorsing, authorizing and guiding the implementation of activities related to the CLCP project.

CLCP and the EDB/CCI August 2013 Ministry of Planning receives invitation to participate OAS contributes grant - US$1million to the project February 2014 Printing and Packaging selected as target industry Aim: to reduce/eliminate Styrofoam March st OAS Mission: Stakeholder Meeting Production Sector Diagnosis

CLCP and the EDB/CCI April 2014 CLCP Workplan Developed September nd OAS Mission Data collection October 2014 Cabinet appoints a National Champion Official ACF Letter of Intent signed Tech Cooperation Agreement almost complete

CLCP: Why the interest? Innovative business development tool Positive impact on the environment Increased productivity Increased competitiveness Enhanced sustainability

CLCP – 2 nd OAS Mission EDB hosted CLCP mission from Sept 23 – 26 th, 2014 to facilitate data collection by specialists attached to the OAS Data collection focused on: Size of Printing and Packaging Industry Quantity of Styrofoam products manufactured, used and discarded Possible feedstock options for alternative packaging product Amount of land available for agricultural production Quantity of feedstock required to replace Styrofoam

CLCP: Next Steps Post ACF: CLCP application related to Styrofoam already exist Demonstrate potential to fast track manufacturing Partner with existing CLCP manufacturers Potential to engage local private sector engaged in manufacturing 3 rd Mission – Dec 1 -5 th, 2014: Further Data Collection Potential feedstock options – functionality/availability Technology for transforming feedstock Market size/opportunity

CLCP: Next Steps Assessing T&T’s current position & potential to manufactureMarket Test to gauge local consumer response accompanied by communications / public education campaign Session to expose interested parties to new business opportunityFinalisation of Revised Workplan

Key Considerations: CLCP Policy and legislative implications of this project need to be considered: Styrofoam? This is likely to be done as part of a wider Green Policy review, where the implications of similar measures in other Caribbean countries can be taken into account. Research pertaining to export opportunities arising from this project will also be conducted.

Key Considerations: CLCP Research pertaining to post-use options is important. Facilitating high value added technical skill and knowledge transfer to further service the needs of industry is a critical component of this project.

Key Considerations: CLCP Partnering with academic/educational institutions will be key in order to facilitate knowledge transfer. CLCP project also represents a real opportunity for academic institutions to develop centers of expertise in material science, engineering and chemistry.  Such centers can further service the needs of industry and help to propel Trinidad and Tobago in the direction of becoming an innovation based, knowledge driven leader in Latin America and the Caribbean.

UNLEASHING HUMAN IMAGINATION... Fostering Positive Change Advancing the Diversification Agenda: THANK YOU FOR YOUR TIME!