The focus of the THA is to make Tobago “the greatest little island on the planet” through the implementation of projects and programmes under the Public Sector Investment Programme (PSIP).

The PSIP represents the capital expenditure component of the National Budget and is an instrument used by Government to affect its vision and policies. It is a budgeting and strategic planning tool made up of projects and programmes, designed to achieve the goals set out in the Government’s overarching policy. It is a mechanism by which scarce resources are allocated to areas of national priority.
The Central Government through the Consolidated Fund (CF) and the Infrastructure Development Fund (IDF) provides financing for the national PSIP, including the Tobago PSIP. The aim of the Tobago PSIP is to develop the island and by extension, improve the lives of the citizens, by implementing the policies and plans of the Vision 2030 National Development Strategy (NDS) 2016-2030 (Vision 2030) and the Comprehensive Economic Plan 2.0.