By Tangerine Clarke
Go-Invest Guyana Office for
Investment, fresh from celebrating
the Republic’s 55th
Anniversary of Independence,
launched “55 Invest” an initiative
aimed at the pockets of
overseas Guyanese who want to
invest in their homeland.
The Office For Investments
launched a list of 55 places to
invest, noting that the country
is the only English-speaking
country in South America with
several productive economic
sectors, which include the
extractive industries of gold,
diamond and bauxite mining.
The agriculture sector that
consists of fishing, livestock,
rice, and sugar, and the manufacturing
and services sector,
which includes engineering
and construction, are all open
for business
The agency said its accelerating
its development, through
transformative and exponential
growth since becoming an
official petro-state in December
2019.
Go-Invest said opportunities
for investors with a vision and a
capacity to deliver are immense
and as such the country is open
for investment with its vast
natural resources: a young,
educated, and English population,
Mayor • Public Advocate • Comptroller • Borough President • City Council
Caribbean L 26 ife, JUNE 11-17, 2021
stable and open financial
markets, investment protection
under the law, unrestricted
repatriation of profits, and
capital; duty-free access and
equal treatment for social and
foreign investors.
According to the agency, the
growing economy and improved
infrastructure will bring benefits
for regional partners. Guyana
and Brazil will benefit from
a long-planned road opening
regional partners, since Guyana
and Brazil will benefit from
a long-planned road, opening
the door to bilateral trade.
Both foreign direct investment
(FDI) and local content
investment (LCI) are the
engines for economic growth
and development. The agency
looks forward to its continued
contribution to the growth of
the economy.
By launching the invest 55
initiatives, Go-Invest aims to
build global partnerships, creating
a culture of excellence
by partnering with local and
international companies to
increase development capacity
across all sectors. The agency
plans to proliferate knowledge
transfer for local workforce
through these partnerships.
Some of the opportunities
are in meat processing operations,
abattoir and packaging
house, seafood and fish
processing operations, large
scale cattle ranching, among
other agricultural projects.
Solar farms, air cargo (for
fresh and frozen products), cosmetic
manufacturing, herbal
teas/essential oils production,
gluten-free products, recycle
plants, storage and theme
parks, eco tourism, spa and
wellness retreat, are just some
of the industries that diasporans
will have opportunities to
invest in.
To learn more, email goinvest@
Guyana’s President Dr. Irfaan Ali during his maiden address
to the United Nations General Assembly. United Nations
goinvest.gov.gy, www.
goinvest.gov.gy on Face Book
goinvest.
The office is located at 190
Camp & Church streets, Georgetown,
Guyana. Telephone:
+592-225-0658, 227-0658; Fax:
+595-225-0655.
Guyana’s office for business
launches 55 places to invest
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