The Borough of Chaguanas is the largest municipality and fastest-growing town in Trinidad and Tobago. Located in west-central Trinidad, south of Port of Spain, north of Couva and San Fernando, named after the indigenous tribe who originally settled there, it grew in size due to its proximity to the Woodford Lodge sugar refinery. Its rapid growth has seen property values increase dramatically. Chaguanas became a borough in 1990; prior to that, it was part of Caroni County. Chaguanas has also been a hub for Indo-Trinidadian and Tobagonian culture and even the broader Indo-Caribbean culture.
Chaguanas developed as a market town and still attracts bargain shoppers. Much of Chaguanas' development has centred around the Chaguanas Main Road where numerous shopping plazas have been constructed. The Chaguanas Main Road (east of the Chaguanas flyover) continued to develop, primarily through small and medium size businesses, to fulfil the expanding population centres. Retail development expanded with the construction of three malls in the downtown in the 1980s (Centre City, Mid Centre and Centre Pointe Mall. There are future plans to expand further to become the largest mall in the Caribbean. It will feature two major buildings, one near to the Uriah Butler Highway and another close to the centre of Chaguanas, joined by an enclosed walkover above the Mulchan Seuchan Link Road.
More recently, construction of Price Plaza in Endeavour expanded upscale retail opportunities. Price Plaza includes a warehouse-style store PriceSmart, TGI Friday's and Ruby Tuesday restaurants, a food court, SuperPharm, as well as many other retail outlets. MovieTowne is situated in Price Plaza. Adjoining to the Price Plaza complex are other restaurants and bars, e.g. Woodford Cafe, Wild Olive Restaurant, and Hollywood Grill. A new shopping complex is planned to be built in the Brentwood planned housing and commercial development.
ABEL or Alstons Building Enterprises Limited is a member of the ANSA McAl Group of Companies and is situated in Longdenville. It is the largest manufacturer of clay building blocks and Metpro steel and aluminium windows and doors and Astralite and Spectra uPVC windows and doors in the English-speaking Caribbean. Chaguanas has also developed into a financial centre. The Unit Trust Corporation (UTC), First Citizens Bank (FCB), Sagicor, Republic Bank of Trinidad and Tobago, Scotiabank, RBTT, and the Bank of Baroda all have major corporate offices in Chaguanas.
Chaguanas has a population of over 67,433 people.