PLIPDECOwas established in 1966 to create a new centre of excellence. With a 51 per cent government shareholding alongside a 49 per sent ownership by major investors that includes banks financial houses, industrial firms, staff and the general public, PLIPDECO is a highly successful company.
Since the 1970s as landlord of the industrial estate, PLIPDECO has supervised the growth of industrial activities, starting with the manufacture of steel products and expanding into petrochemicals and then various processing, logistical and distribution companies.
The port itself was built to meet the needs of the industrial estate but now serves the much wider customer base and is becoming a multipurpose port of choice in Trinidad for many international companies and ship operators.
PLIPDECOhas a vision "To be recognized as the dominant regional leader and global leader in the development, administration and operation of efficient and profitable customer oriented ports and industrial estates."
PLIPDECO's mission statement is "To deliver added value to our shareholders through enhanced growth by providing safe, flexible, efficient customer orientated port and industrial estate services through the leveraging or our human and physical assets. In support of this process we shall continue to forge strategic alliances and act in a spirit of entrepreneurship in our business activities."