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  • 9 minutes ago
The Government of Trinidad and Tobago has signed three Memoranda of Understanding with United States-based organisations aimed at expanding the country's digital infrastructure and revitalising its industrial sector.
The agreements, signed on behalf of the Government by Foreign and CARICOM Affairs Minister Sean Sobers, establish frameworks for cooperation in three key areas: the development of large-scale data centres, artificial intelligence infrastructure, and the refurbishment and recommissioning of the iron and steel plant at Point Lisas.

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Transcript
00:00One agreement with Ernest and Young LLP Outlines plans for a development of a 300-megawatt data center using the
00:08company's energy-to-intelligence platform.
00:11The second, MOU with Hummingbird AI Holdings, LLC, focuses on the proposed development of a 150-megawatt artificial intelligence and
00:22data center facility with the potential to expand to 500 megawatts.
00:27And the third agreement, signed with Pinnacle Steel and Vanadium Corporation and the Pointe-Lisus Industrial Port Development Corporation, sets
00:36the stage for discussions on refurbishing and recommissioning the iron and steel plant at Pointe-Lisus.
00:43The government says the project could also position Trinidad and Tobago as a supplier of vanadium, a strategic metal used
00:50in aerospace and defense manufacturing.
00:53According to the office of the prime minister, the projects represent a potential investment of more than U.S. $5
01:00billion and could create over 5,000 jobs.
01:04According to the office of the prime minister, the projects represent a potential investment of more than U.S. $5
01:11billion and could create over 5,000 jobs subject due to diligence and agreements moving forward.
01:19Charlotte Kisto, TV6 News.
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