The Eco-Industrial Development Company of Tobago (E-IDCOT) Ltd was established by the Tobago House of Assembly (THA) in 2009, as a wholly-owned, private limited liability company. E-IDCOT was formed as one of the execution agencies responsible for driving economic development and transformation in Tobago in furtherance of the goals and objectives of the then THAs Comprehensive Economic Development Plans (CEDP).
The core mandate of E-IDCOT is to facilitate the development and diversification of the Tobago economy beyond tourism, through the environmentally sustainable production of goods and services on the island, ensuring alignment with the branding of Tobago as Clean, Green, Safe and Serene.
The establishment of Eco-Industrial Parks is a critical element of the overall strategy to diversify the Tobago economy, through the location, growth and development of environmentally sustainable local, regional and international businesses. To fulfil its mandate, E-IDCOT will develop, promote and manage several Eco-Industrial Parks in Tobago, the first of which is Cove Tobago.
In support of its mandate, E-IDCOT provides business facilitation services to individuals, start-up operations and established companies, and collaborates with various local and regional stakeholders to form partnerships, to reach and support existing and potential entrepreneurs.