Guyana’s economy is on the right trajectory for 2025 and beyond, with significant prospects in agriculture and manufacturing, Chief Investment Officer Dr. Peter Ramsaroop said on Thursday.
Dr. Ramsaroop credited the private sector and the Georgetown Chamber of Commerce and Industry (GCCI) for supporting small and medium-sized businesses, and noted that government programmes under President Dr. Irfaan Ali had proven effective and were expected to expand further under his development plan.
He added that cheaper energy and stronger legal frameworks would allow businesses to maximise benefits from joint ventures and consortiums.
“I would say, 99 per cent of foreign investors who come in, want to find a local investor. But the local investor needs to know they need to have their books in order, structure in order, business plan ready, and they can ride the waves with these companies,” Dr. Ramsaroop told Ignite News.
He highlighted the opening of new lands with the road to Lethem as a driver for investment, and said potential bauxite development with Suriname could lead to an alumina plant, creating higher-value jobs.
Dr. Ramsaroop also urged young people to pursue training and opportunities in non-traditional sectors “so as to not be left behind.”
