Tourism body hails transport boost, corporate tax removal

THAG President Mitra Ramkumar with President Dr Irfaan Ali

The Tourism and Hospitality Association of Guyana (THAG) welcomed measures announced by President Mohamed Irfaan Ali on Wednesday to improve transport access for tourism and agri-tourism businesses.

The measures include a flat tax on double-cab pick-ups—two million dollars for vehicles under 2,000cc and three million dollars for those between 2,000cc and 2,500cc—which THAG said will make essential transport more accessible, particularly in hinterland regions.

THAG also praised the removal of corporate taxes across the agriculture and agro-processing value chain, saying it will boost investment in agri-tourism, agriculture and food production, while reducing costs for locally sourced produce supplied to the tourism sector.

“These forward-looking measures will strengthen inter-sectoral linkages, support sustainable economic growth, and further position Guyana as a competitive tourism destination,” the association said.