The proposed solution is to implement a private sector led movement to increase scale and reduceperceived risk in the adoption of electric vehicles for transportation in Trinidad and Tobago via theestablishment of GoElectricTT Limited, a company offering both short and long-term rentals ofelectric vehicles.

Project Detail

Country

Trinidad and Tobago

Project Number

TT-G1009

Approval Date

January 4, 2024

Project Status

Implementation

Project Type

Investment Grants

Sector

PRIVATE FIRMS AND SME DEVELOPMENT

Subsector

MICROENTERPRISE DEVELOPMENT

Lending Instrument

Multilateral Investment Fund Instrument

Lending Instrument Code

MIF

Modality

-

Facility Type

-

Environmental Classification

-

Total Cost

USD 1,000,000.00

Country Counterpart Financing

USD 500,000.00

Original Amount Approved

USD 500,000.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
GRC/ME-20601-TT Non-Sovereign Guaranteed USD - United States Dollar Multilateral Investment Fund II (MIF) - Contingent Grant Financing
Operation Number GRC/ME-20601-TT
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Multilateral Investment Fund II (MIF) -
  • Financial Instrument: Contingent Grant Financing

Can’t find a document? Request information

 Preparation Phase
https://www.iadb.org/document.cfm?id=EZIDB0001018-290277051-4
Profile
IDEATE 2023-08-02 Public Summary 1307 TT-G1009.pdf
Oct. 12, 2023
English

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