77-544: The Trinidad Government Railway existed between 1876 and 28 December 1968. Originally built to connect Port of Spain with Arima , the railway was extended to Couva in 1880, San Fernando in 1882, Cunapo (now Sangre Grande ) in 1897, Tabaquite in 1898, Siparia in 1913 and Rio Claro in 1914. The first attempt to establish a railway was a private affair in 1846 by the Trinidad Railway Company . Trinidad Railway Company's very first steam locomotive
154-520: A Sentinel-Cammell twin articulated steam railcar was acquired. By 1936, there were 29 locomotives, 1 railcar, 82 coaches and 925 goods wagons. The principal stations, termini and junctions were: On 11 April 2008 the Trinitrain consortium was chosen to plan and build two new Trinidad Rapid Railway passenger lines. This plan was cancelled in 2010. Port of Spain Port of Spain , officially
231-590: A financial centre for the Caribbean and Central America region. Two of the largest banks in the Caribbean, Republic Bank, Trinidad and Tobago Limited and Royal Bank of Trinidad and Tobago (RBTT, reacquired by the Royal Bank in 2008) are headquartered here or base their Caribbean operations in the city. Trinidad's economy is based on natural gas and oil. No heavy industrial sites are located in Port of Spain, but
308-470: A large agricultural market, known as the "central market" where food produced in the surrounding hinterland is traded. In 1999/2000 there were 40 Government/Assisted schools located in the Port of Spain Administrative Area. There were 17,957 students enrolled in primary schools and 15,641 enrolled in secondary school. In secondary schools, 7,567 were male and 8,074 were female. Education
385-466: A larger conurbation stretching from Chaguaramas in the west to Arima in the east with an estimated population of 600,000. The city serves primarily as a retail and administrative centre and it has been the capital of the island since 1757. It is also an important financial services centre for the Caribbean and is home to two of the largest banks in the region. The Piarco International Airport
462-700: A major oil refinery and many petrochemical and iron and steel plants exist or are planned for sites south of it and closer to San Fernando. However, the oil and gas majors and some service companies have located their headquarters in the city to be in close proximity to government services, infrastructure and the high quality of life many citizens of Port of Spain enjoy. Some of the oil and gas company headquarters located in Port of Spain (many others are found in San Fernando & Point Lisas) include BPTT, BGTT (British Gas), BHP Billiton, EOG Resources, Fluor, Repsol YPF, Atlantic LNG and Baker Hughes. Trinidad and Tobago
539-735: A member-state of CARICOM several companies from Barbados , Jamaica , Saint Vincent and the Grenadines and the Eastern Caribbean Securities Exchange also cross-list their stocks onto the Trinidad and Tobago Stock Exchange. The unique four symbol alphanumeric Market Identifier Code (MIC) used to identify the TTSE as defined under ISO 10383 is XTRN. The Securities Market which informally existed in Trinidad & Tobago for well over twenty years prior to
616-446: A mish-mash of gothic-style cathedrals, mosques and Hindu temples testifying to the diversity of cultures. It is home to African , Indian , French, English, Irish, Scottish , Welsh , Spanish , Portuguese , Venezuelan , Colombian, Bajan , Guyanese , Jamaican , Guadeloupean, Martinicquan , Dominican, Saint Lucian, Grenadian , Bahamian , Belizean , Surinamese , Chinese , Jewish, and Arab immigrants, most of them arriving since
693-853: A more dynamic piece of legislation. As a remedial measure, the Government, through the Ministry of Finance, passed legislation repealing the 1981 Act and replacing it with the Securities Industry Act of 1995 which brought into operation the establishment of a Securities and Exchange Commission. The 1995 Act vests with the Commission, the authority to maintain surveillance over the securities market and ensure orderly, fair and equitable dealings in securities. Furthermore, all market actors, meaning issuers, underwriters, investment advisers, stockbrokers and dealers, etc. must register with
770-573: A number of large cap listings, including the listings of First Citizen's Bank and the Trinidad and Tobago Natural Gas Company Limited. As of August 2018 , the TTSE Market Capitalization was estimated at TT$ 120 billion (US$ 17.7 billion), with conglomerates and financial institutions accounting for the vast majority of value. The companies with the greatest capitalisation on the exchange are Republic Bank (RBL) and First Caribbean International Bank (FCIB). Significant capitalisation
847-557: A port here: Puerto de los Españoles , later Puerto de España . In 1560, a Spanish garrison was posted near the foot of the Laventille Hills, which today form the city's eastern boundary. The part of today's downtown Port of Spain closest to the sea was once an area of tidal mudflats covered by mangroves . The first Spanish buildings here, in the 16th and 17th centuries, were open mud-plastered ajoupas, interspersed between large silk cotton trees and other trees. The fort
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#1732782595330924-550: A private residence, then the office of the prime minister from 1963 to 2010; Mille Fleurs, once a private residence, is undergoing full restoration as a public museum and headquarters for the National Heritage Trust and was sold to the Government in 1979; Roomor, an ornate black-and-white château-like building that remains a private residence; and Stollmeyer's Castle, a turreted house supposedly modelled on Balmoral Castle . The slow pace of building restorations over
1001-483: A result of the sale of RBTT Holdings to the Royal Bank of Canada in a cash and share deal in the late 2000s, a significant number of RBC shares are held by former shareholders of RBTT Holdings, which, at the time of its delisting, was one of the widest held shares on the TTSE. The Trinidad and Tobago Stock Exchange falls under the jurisdiction of the Trinidad and Tobago Securities and Exchange Commission . The TTSE
1078-735: A ring of trees round its perimeter, the Savannah was never really landscaped, except for the small area in its northwest corner called the Hollows, a former reservoir now drained and planted with flowering shrubs. Immediately north of the Savannah—also the northern limit of the city of Port of Spain—are the Royal Botanic Gardens , the Emperor Valley Zoo , President's House (recently abandoned after one end fell down),
1155-484: A small parcel near its centre that served as the Peschier cemetery, which remains in private hands). At first it was used as a vast cattle pasture in what was then the town's suburbs, but by the middle of the 19th century it had become established as a park. Until the early 1990s, horse racing was held frequently at the Savannah race track, and it also contains several cricket , football and rugby pitches. Apart from
1232-619: A temporary North Stand and raised stage are constructed in front of the Grand Stand, creating the "Big Yard", Carnival's central location since the early 20th century (previously, the main viewing area for Carnival was in downtown Port of Spain). From this location the Parade of Bands is broadcast live to the nation on Carnival Monday and Tuesday; it is also the venue for the Calypso Monarch and Carnival King and Queen Competitions and
1309-485: Is also home to the biggest and most successful stock exchange in the Caribbean, the Trinidad and Tobago Stock Exchange (TTSE). The Nicholas Tower , as well as other skyscrapers, are well known throughout the region. These buildings dominate the city's skyline. Some of the tallest skyscrapers in the Caribbean are located in Port of Spain. Port of Spain was founded by the Spanish as Puerto España . The first settlement
1386-539: Is also represented in West Indian Tobacco (WCO), Scotiabank Trinidad and Tobago (SBTT), National Enterprises Limited(NEL), ANSA McAL (AMCL), First Citizen's Bank (FIRST), National Commercial Bank of Jamaica Limited (NCBJ), Trinidad and Tobago Natural Gas Company Limited (TTNGL) and Massy Holdings (MASSY). Clico Investment Fund (CIF), listed on the Mutual Fund Market, is a company vested with
1463-572: Is considered one of the wealthiest nations in the Caribbean and some of this wealth is on display in Port of Spain. High-income proceeds from the international sale of natural gas has aided the country in the Port of Spain International Waterfront project constructed on former Port Authority Land. The Port of Port of Spain is the country's major port for containerized shipping followed by the Port of Point Lisas. Cruise ships also dock at
1540-493: Is free and compulsory up to secondary school. Port of Spain school leavers, as citizens of Trinidad and Tobago, do not pay tuition to study at local & regional public and private tertiary institutions except for graduate studies where they pay a heavily subsidised fee. There are several prominent tertiary institutions in Port of Spain and environs, in particular the St. Augustine campus of the three-campus, Caribbean-wide University of
1617-508: Is geologically incorrect. Over 465 species of birds, and 100 species of mammals can be found in these mountains, making it one of the most biodiverse mountain ranges in the Caribbean . The Northern Range runs from the Chaguaramas Peninsula in the west to Toco in the east and consists mainly of steeply dipping metasedimentary rocks and lush rainforest containing a wide variety of plants and animal species. Port of Spain lies at
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#17327825953301694-434: Is located to the south-eastern area of St. Ann's. Cascade borders St. Ann's by a hill named Mount Hololo, a neighbourhood of both middle class and exclusive housing developments. Maraval is home to the exclusive Trinidad Country Club and right next door to the popular Long Circular Mall. Further afield, west of Diego Martin, lies the suburb of Westmoorings, which is known for its expensive Miami style highrise apartments facing
1771-437: Is relatively small, and reflects the narrow city boundaries including the central business district and a number of economically depressed and a few upscale adjoining suburbs. In addition to the official population, the adjacent East–West Corridor conurbation has a population close to 600,000 people and the "big city" feel with its suburban car dominated commuting. The corridor is the built-up area of north Trinidad stretching from
1848-477: Is the current mayor of Port of Spain. The electoral districts are: Port of Spain became a "city" in 1914; the ordinance was passed on 29 May and was proclaimed by the Governor on 25 June 1914. The first city councillors were elected on 2 November. Among them were oil pioneer Randolph Rust, lawyer and social activist Emmanuel Mzumbo Lazare and Dr. Enrique Prada, who was elected chairman by the council and became
1925-516: Is the island's second largest wetland after the east coast Nariva Swamp which is almost twice as large. It has well over 160 species of birds, including the national bird, the scarlet ibis . It is one of the country's most popular tourist attractions with visitor facilities and regular guided boat tours. Some of the city lies on land reclaimed from the Gulf of Paria , the calm sheltered bay separating Trinidad from Venezuela, while other parts climb into
2002-422: Is the main airport on the island, connecting the capital to various major global destinations. Port of Spain was also the de facto capital of the short-lived West Indies Federation , which united the Caribbean. The city is also home to the largest container port on the island and is one of several shipping hubs of the Caribbean, exporting both agricultural products and manufactured goods. Bauxite from Guyana
2079-559: Is trans-shipped via facilities at Chaguaramas , about 8 kilometres (5 mi) west of the city. The pre-lenten Carnival is the city's main annual cultural festival and tourist attraction. Today, Port of Spain is a leading city in the Caribbean region. Trinidad and Tobago hosted the Fifth Summit of the Americas in 2009, whose guests included US President Barack Obama and US Secretary of State Hillary Clinton . Port of Spain
2156-459: The City of Port of Spain (also stylized Port-of-Spain ), is the capital of Trinidad and Tobago and the third largest municipality, after Chaguanas and San Fernando . The city has a municipal population of 49,867 (2017), an urban population of 81,142 and a transient daily population of 250,000. It is located on the Gulf of Paria , on the northwest coast of the island of Trinidad and is part of
2233-761: The King of Spain : In 1699, the alcalde of Trinidad reported to the king that the natives "were in the habit of showering scorn and abuse upon the Holy Faith and ridiculed with jests the efforts of the Holy Fathers". By 1757, the old capital, San José de Oruña (modern Saint Joseph ), about 11 kilometres (7 mi) inland, had fallen into disrepair, and Governor Don Pedro de la Moneda transferred his seat to Port of Spain, which thus became Trinidad's de facto capital. The last Spanish Governor of Trinidad, Don José Maria Chacón , devoted much of his time to developing
2310-454: The 1960s at about 100,000 people. Since then the population within the city limits has declined in size as the downtown area has become increasingly commercial and the suburbs in the valleys north, west, and north-east of the city have grown. Today Port of Spain is the western hub of a metropolitan area stretching from Carenage, 8 kilometres (5 mi) west of the city, to Arima, 24 kilometres (15 mi) east; this East–West Corridor runs along
2387-443: The 2011 census. The city experienced an average annual growth rate of −2.3% between the censuses of 2000 and 2011 Port of Spain's diverse population reflects two centuries of immigration and this shows in the architecture of its buildings. The city features French colonial 'ginger bread' style houses, buildings with New Orleans reminiscent wrought-iron railings and wooden fretwork set beside modern high-rise towers and strip malls with
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2464-514: The Act created confusion, and for the most part the provisions were unenforceable. This was because the Exchange as a regulatory Organisation, had no discretion to reasonably moderate the strict and unreasonable application of the letter of the Act once a particular provision was not explicitly stated in the Act. The Ministry of Finance, in recognizing this problem, worked with the Exchange to introduce
2541-796: The Capital Issues Committee which was set up by the Ministry of Finance in July 1970 to direct developments in the primary market and the Call Exchange (an association of share dealers) which was established under the umbrella of the Central Bank in August 1965 to monitor activities in the secondary market. Parallel to this development in the public sector in the early 1970s was the rapid establishment of private institutions such as trust companies and stock broking firms to satisfy
2618-601: The Commission, who will be responsible for controlling and supervising their activities. The Exchange on the other hand will regulate trading on the secondary market, as well as the activities of the Members of the Exchange, subject of course to the oversight by the Commission. On December 31, 2012 the Securities Industry Act of 1995 was repealed and replaced by the Securities Act, 2012. The TTSE has experienced some slowdown, both in terms of activity and listings, within
2695-661: The Knowsley Ministry of Foreign Affairs Building. The western edge of the Savannah, along Maraval Road, is the location of the Magnificent Seven, a group of late Victorian and Edwardian buildings built in an eccentric and flamboyant variety of styles. These are the recently well restored Queen's Royal College ; the residences of the Anglican bishop and the Roman Catholic archbishop; Whitehall, once
2772-523: The Northern Range. Port of Spain's largest open space—and the world's largest traffic roundabout —is the Queen's Park Savannah , known colloquially simply as "the Savannah". It occupies about 110 hectares (260 acres) of level land, and the distance around the perimeter is about 3.5 km (2.2 mi). Once sugar land, it was bought by the town council in 1817 from the Peschier family (except for
2849-600: The Securities Industry Act 1981 was a natural extension of the policy to formalise the securities market in Trinidad and Tobago. This Act was proclaimed on 23 October 1981 and the Stock Exchange was formally opened on 26 October 1981 under the auspices of the Ministry of Finance. Over the years and leading up to the current time, there was no doubt that the original Securities Law, that is, The Securities Industry Act, 1981 became ineffective. In attempting to bring both Primary and Secondary market activity under one umbrella,
2926-550: The Spanish Cedula of Population of 1783. Prominent Port of Spain citizens include Derek Walcott (Nobel Prize Literature 1992) and former West Indies cricketer Brian Lara . Trinidad and Tobago Stock Exchange The Trinidad and Tobago Stock Exchange ( TTSE ) is the main stock exchange in the Republic of Trinidad and Tobago , and the largest stock exchange in the Caribbean region by market capitalization . As
3003-613: The TTSE. These entities include, but are not limited to Petrotrin , Hilton Trinidad and the Unit Trust Corporation . There have also been calls to have NEL divested into its individual entities and have these entities listed separately. In addition, suggestions have been made for large multinationals operating in Trinidad and Tobago to list Depository receipt to allow wider national participation in these companies. Such companies include BP (Trinidad and Tobago Ltd), Mittal Steel and Repsol (Trinidad and Tobago Ltd). As
3080-551: The West Indies , which had a local campus enrollment of 15,571 in academic year 2007/2008. The University of Trinidad and Tobago has several campuses and institutes in the greater Port of Spain area including the Chaguaramas Centre for Maritime Studies. Port of Spain has a population of 18,008 males and 19,066 females, with 5,694 businesses and is home to 12,333 households with an average size of 2.9 according to
3157-478: The area bounded by the St. Ann's River, thus establishing the grid pattern which has survived in downtown Port of Spain to the present day. Along the sea shore was the Plaza de la Marina (Marine Square), a parade ground. By 1786, the town had a population of about 3,000. Realising that the St. Ann's River, prone to flooding, was impeding the expansion of the town, Chacón had its course diverted in 1787 so that it ran to
Trinidad Government Railway - Misplaced Pages Continue
3234-492: The area immediately east of the diverted St. Ann's River; the district is still called Sea Lots today. Gradually the landfill crept west and the area south of Plaza del Marina became solid land. Further major reclamation efforts took place in the 1840s, the 1870s, and in 1906. In 1935 the Deep Water Harbour Scheme dredged the offshore area along Port of Spain's western neighbourhoods, and the dredged material
3311-540: The capital, Port of Spain, 24 kilometres (15 mi) east to Arima. It includes the towns of Barataria , San Juan , St. Joseph, Curepe , St. Augustine , Tunapuna , Tacarigua , Arouca , and Five Rivers, once distinct communities and now districts within a continuous urban area. For the most part it runs along the Eastern Main Road, between the Churchill–Roosevelt Highway and the foothills of
3388-476: The capital; the new British colonial government renamed most of the streets after British royalty or military figures, but allowed Chacón Street (which followed the old course of the St. Ann's River) to retain its name, in tribute to the former governor. In 1803, Port of Spain began growing southwards, with the reclamation of the foreshore mudflats, using fill from the Laventille Hills. This began with
3465-565: The city which are under construction or planned. Port of Spain is administered by the Port of Spain City Corporation. There are 12 councillors and 4 aldermen. The mayor is elected from the membership of the council. The council is presided over by the mayor, who is effectively the chief custodian of the city. It formulates policy and gives direction for the running of the city through a number of standing committees which each meet at least once per month. Decisions are then ratified at
3542-491: The city, temperature inversion is quite frequent. Immediately north and northwest of Port of Spain lie the suburbs of Cascade, St. Ann's and Maraval. The last one falls outside the municipal boundary, but is sometimes considered an extension of the city. St. Ann's is notable for being the location of the Prime Minister's official residence and diplomatic centre. Cascade, a mainly suburban area with treed lot type housing
3619-399: The demands of investors in both the primary and secondary markets. With such infrastructure in place and the concomitant increase in the securities business the decision was taken to establish a securities market within a framework of established Rules and Regulations to facilitate the development of the domestic capital market. The establishment of the Stock Exchange under the provisions of
3696-478: The east of the city, along the foot of the Laventille Hills. (During the rainy season the river still had a tendency to overflow its banks, flooding parts of the city; over the decades its channel would be widened and paved. During the dry season the water level drops to a trickle; hence its nickname, the East Dry River.) Port of Spain was now able to continue spreading northwards and westwards, encroaching on
3773-545: The eastern section of the E-W corridor – the regional University of the West Indies, St. Augustine campus and the multi campus local University of Trinidad and Tobago whose main campus is on the Arima outskirts. The city has a tropical monsoon climate ( Köppen Am ) characterized by warm to hot temperatures year-round, with little seasonal variation due to its proximity to the equator, though nighttime temperatures dip somewhat during
3850-541: The end of World War I , the appearance of the automobile led to changes that culminated with the phased closure of the railway April 1953 and 28 December 1968 saw the complete closure of the Trinidad Government Railways. The TGR appeared to have 640 route-km and was 1,435 mm ( 4 ft 8 + 1 ⁄ 2 in ) standard gauge . By the end of 1921 the company owned 37 steam locomotives, 105 coaches and 738 goods wagons. In 1931,
3927-539: The federal government, is a memorial to that time. In July 1990, an extremist group held the prime minister and members of parliament hostage for 5 days while rioting and looting shook Port of Spain. The damage was a significant setback to the city's commercial district at a time of severe economic hardship, yet businesses returned. In 2005 there was an unprecedented series of small bombings in Port of Spain which caused injuries to bystanders. They ceased in October 2005 but
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#17327825953304004-601: The finals of the Panorama steelpan competition. The architecturally soothing arches and curves of the Port of Spain National Academy for the Performing Arts (see picture and caption) dominate the south boundary of the Savannah between the green trimmed landmarks of Memorial Park (in remembrance of fallen soldiers during World Wars I and II) and the gingerbread styled, limestone built, colourful splendour of
4081-479: The first mayor of the City of Port of Spain. For several convocations all city MPs are from People's National Movement . Port of Spain is a shopping and business centre for much of the country. Most government offices are also located in the city and many important government services can only be accessed in the Ministry offices located downtown. Within recent years, local banks headquartered here have helped it become
4158-486: The general population. To address the problem, East Port of Spain Development Company was formed in 2005 with a mandate to develop and redevelop a zone in east Port-of-Spain to improve the economic, social and physical environment of those areas. Large parts of Port of Spain's Eastern entrance have been cleared of old warehouses and substandard housing. There are several new government housing projects in
4235-419: The hills above the city. Geographically, the Port of Port of Spain is ideal for maritime traffic, providing a natural harbour on Trinidad's north-western coasts where adverse weather conditions are extremely rare. Unlike Chaguanas and San Fernando , Port of Spain has a comparatively cool climate due to the surrounding Northern Range mountains. In the valleys and mountains that surround the northern outskirts of
4312-474: The large towns of San Juan, Tunapuna and Arima. With congestion rendering downtown inaccessible during peak hours, major shopping centres like Valsayn Shopping Centre, Grand Bazaar and Trincity Mall have sprung up at highway intersections. The last two are noted for being among the largest shopping centres in the country and in the Caribbean, with 60,000 square metres (600,000 sq ft) of commercial space in each. Two large Universities have been established in
4389-455: The last decade, stemming from legislation which restricted institutions from holding more than 10% of their portfolio in any single company's shares. The Global Recession (2007–2010) has also contributed to a depressed state of liquidity, listings and pricing on the TTSE. This was further compounded by the slowdown in the Trinidad and Tobago economy stemming from depressed commodity (oil and gas) prices from 2014 onwards. Despite this, there has been
4466-461: The major source of revenue for the country, is poorly represented on the TTSE, with only the minor oil company, Moraven Holdings (MOV) and National Enterprises (NEL) offering any access to the local energy market. The listing of TTNGL provided some opportunity to buy into the local energy market but significant companies such as Petroleum Company of Trinidad and Tobago (Petrotrin) and National Petroleum Marketing Company (NP) still remain entirely owned by
4543-446: The new capital. He compelled the island's Cabildo (governing council) to move to Port of Spain, and he limited its powers to the municipality. The 1783 Cedula of Population, which encouraged the settlement of French Catholics in the island, led to a rapid increase in the town's population and its geographical extension westwards. From the small cluster of buildings at the foot of the Laventille Hills, eleven streets were laid out west to
4620-492: The official residence of the prime minister, and Queen's Hall, the city's major performing arts venue. Lady Chancellor Road, which ascends the hills overlooking the Savannah, is one of Port of Spain's most exclusive residential areas and is the current home of former West Indies cricketer and record breaking batsman, Brian Lara. On the Savannah's southern side is the Grand Stand, formerly used for viewing horse races, now used for various cultural events, most notably Carnival , when
4697-402: The opening of the Trinidad & Tobago Stock Exchange really achieved significance in the early 1970s when the Government decided as a matter of policy to localise the foreign owned commercial banking and manufacturing sectors of the economy. The thrust of the policy was to get such companies to divest and sell a majority of their shares to nationals. Two bodies chosen to effect this policy were
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#17327825953304774-542: The perpetrator has not been charged. Port of Spain measures about 10.4 km (c. 4 sq. mi) in area and is located in the northwest section of the island of Trinidad, between the Gulf of Paria , the Northern Range and the Caroni Swamp . The Northern Range is the range of tall, biodiverse hills across the northern portion of Trinidad and is considered an extension of the Andes mountains of South America, although that
4851-494: The port which has: public international cargo-handling facilities for containerised, break-bulk, Roll-on/Roll-off and dry/liquid bulk cargo The Port also operates the ferry service between Trinidad & Tobago, as agents of the Government of the Republic of Trinidad and Tobago. Tourism is targeted for expansion and is a growing sector in the city's economy, but it is not as important as in other Caribbean cities. Port of Spain has
4928-591: The regulations of the Statutory Authorities Service Commissions Ordinance. Following an election in 1887, Michel Maxwell Philip became the mayor, a position that had previously been held by only whites. Bridget Brereton wrote in her 2002 book Race Relations in Colonial Trinidad 1870–1900 that "perhaps this marks the emergence of the coloured man as a political force in Trinidad". Chinua Alleyne
5005-509: The seafront. One of Trinidad's poshest shopping centres, The Falls at West-Mall, lies at the centre of these developments. As you head west beyond Carenage settlement is sparse, however the peninsula known as Chaguaramas, which was once a large US Army Base, has become a mecca for hundreds of international cruisers and a world major yacht storage and repair hub. To the east along the East–West Corridor, also falling outside city limits, lie
5082-465: The shares of Republic Bank Limited which were held by the now collapsed CL Financial. The security consists of those shares as well as Government of Trinidad and Tobago Bonds (S&P Rating: BBB+ (neg)). The company was listed in January 2013 and is a closed end mutual fund with a lifespan of approximately 20 years. The energy sector of Trinidad and Tobago, which is the main driver of the economy and
5159-511: The southern edge of the Northern Range . From 1958 to 1962, Port of Spain was the temporary capital of the short-lived West Indies Federation , though there were plans to build a new federal capital at Chaguaramas , on land occupied by the US military base established during World War II . Federation Park , a residential neighbourhood in western Port of Spain intended to house employees of
5236-548: The state. NEL is a government holding company which holds the state owned shares of the National Gas Company of Trinidad and Tobago, Atlantic LNG (Trinidad and Tobago), TRINGEN (ammonia production) and the National Flour Mills (NFM), which in itself is separately listed on the exchange. Since 2019, successive Ministers of Finance have mooted the idea to have large, successful state agencies list on
5313-451: The statutory meeting of the council, which takes place on the last Wednesday of each month. The policies and directives of the council are executed by the administrative arm of the corporation, which is headed by the chief executive officer and has under her charge a number of senior officers and a workforce of about 3,000 daily-paid and 300 monthly-paid employees. The chief executive officer and her staff are public servants functioning under
5390-463: The surrounding sugar-cane plantations. In 1797, Trinidad was invaded by a British force under General Sir Ralph Abercromby . The British landed west of Port of Spain, at what is still called Invaders Bay, and marched towards the town. Realising his military resources were inadequate to defend the colony and wishing to avoid unnecessary destruction, Governor Chacón capitulated and was able to negotiate generous terms with Abercromby. Port of Spain remained
5467-440: The western end and the city climbs into the hills and valleys which are settled and largely deforested. The two tallest peaks are El Cerro del Aripo and El Tucuche which top 900 m (3,000 ft). The 3278 hectare protected Caroni Swamp has long formed a physical barrier to the city's expansion to the south, forcing urban growth relentlessly eastward at the expense of a traffic relieving ring road. This west coast mangrove area
5544-399: The winter months from January to March. Temperatures typically range from 19 to 34 °C (66.2 to 93.2 °F), rarely above 35 °C (95 °F) or below 17 °C (62.6 °F). The wet season lasts from May to December, and the dry season lasts from January to April of the following year. Between December and February, it can become mild at night. Port of Spain's official population
5621-602: The years remains a concern. Housing in Port of Spain ranges from luxurious waterfront apartments to board houses lacking indoor plumbing and motor vehicular access. Continued pressure for expansion of commercial development in Woodbrook and uptown POS (Port of Spain proper) has led to a rapid rate of decline in the city's population over the past 4 decades. The private development scheme at Damien street Woodbrook recently provided 350 luxury-apartments, but those are unaffordable to most, even though they were originally intended for
5698-582: Was a mud-walled enclosure with a shack inside, a flagpole, two or three cannon, and few Spanish soldiers. This was captured during Walter Raleigh 's expedition in April 1595. The Caribs were transient, travelling to the mainland (now Venezuela ) and up the Orinoco River . The French naval commander Comte d'Estrées visited in 1680, and reported that there was no Port of Spain. But in 1690, Spanish governor Don Sebastien de Roteta reported in writing to
5775-459: Was near the site of the Amerindian fishing village of Cumucurapo ("place of the silk cotton trees "), located in the area today known as Mucurapo, west of the city centre. The name Conquerabia is also recorded for an Amerindian settlement in this area; this may have been a separate village, another name for Cumucurapo, or the result of miscomprehension by early Spanish settlers, who established
5852-432: Was the "Forerunner" which was built by Hunslet of Leeds and arrived in 1864. Railway construction began in the 1870s. The Arima line was completed in 1876, followed by the San Fernando line in 1882. The railway to Princes Town was completed in 1884. These were followed by railway lines to Sangre Grande in 1897 and Cunupia-Tabaquite in 1898. At this, its greatest extent, the railway covered 173 km (107 mi). After
5929-436: Was used to fill in the area south of Woodbrook. Wrightson Road, linking downtown Port of Spain to its western suburbs, was constructed at the same time. These reclaimed lands were originally called Docksite, and were home to US forces during World War II; later a number of government buildings were constructed here. Port of Spain continued to grow in size and importance during the 19th and early 20th centuries, peaking in size in
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