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

Project Detail

Country

Trinidad and Tobago

Project Number

TT-T1150

Approval Date

January 4, 2024

Project Status

Implementation

Project Type

Technical Cooperation

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 922,432.00

Country Counterpart Financing

USD 772,432.00

Original Amount Approved

USD 150,000.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
ATN/ME-20602-TT Non-Sovereign Guaranteed USD - United States Dollar Multilateral Investment Fund II (MIF) - Nonreimbursable
Operation Number ATN/ME-20602-TT
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Multilateral Investment Fund II (MIF) -
  • Financial Instrument: Nonreimbursable