Port of Spain 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 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
Port of Spain as workers from government offices and large corporations disgorge on evenings from high-rise headquarters built in newly commercialized formerly upscale neighbourhoods. Port of Spain hosts major sporting venues including the Queen's Park Oval, Hasely Crawford Stadium, the Jean Pierre Complex and various sporting fields on the Queen's Park Savannah. Port of Spain was among the host cities of the 2007 Cricket World Cup. The city hosted the 2009 Pan American Junior Athletics Championship and the finals of the 2001 FIFA Under-17 World Cup and 2010 FIFA U-17 Women's World Cup. There are a number of well placed green spaces which