Joint Venture Agreement Between TSTT and E-IDCOT

 

 

Joint Venture Agreement Signing

between TSTT and E-IDCOT

Establishment of the Data Centre at Cove Eco-Industrial Business Park (CEIBP)

A Data Centre can be consideredthe ideal computer room. Designed to be impervious to natural disaster, the data centre is also equipped with UPS, fire prevention and suppression technology to ensure a secure and controlled environment for the data and server infrastructure of Tobago’s businesses. Companies will have the option of renting customized, packaged IT services and infrastructure or, purchasing their own to be housed at Cove Eco-Industrial Business Park (CEIBP).

At present, there is no Data Centre facility located on the island of Tobago and there is a growing local and global demand for data centre based services. The Tobago House of Assembly (THA), along with companies and individuals that are based in Tobago and are in need of high capacity IT storage and cloud based services, must seek these services offshore.

This creates greater exposure for loss of access given that the current lengthy transport links are always a source of risk.

In recognition of the above-mentioned risk, theEco-Industrial Development Company of Tobago (E-IDCOT) Ltd and the Telecommunications Services Trinidad and Tobago (TSTT) have undertaken a comprehensive due diligence in support of a strategic joint venture and is now officially commissioning the implementation of a Data Centre facility and associated services.

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