Local investors accounted for $64 billion of the $157 billion in investment agreements signed in Guyana last year, underscoring the growing role of domestic capital in the country’s economic expansion.
Chief Investment Officer Peter Ramsaroop told a Private Sector Commission (PSC) membership mixer on Friday that the figures reflect the increasing strength of the local private sector, alongside foreign direct investment.
He said Guyana is moving towards more targeted investment, focusing on priority sectors such as agro-processing and manufacturing, supported by lower energy costs.
Ramsaroop also pointed to the national budget presented by Senior Finance Minister Dr Ashni Singh as a guide for investors, urging alignment with government spending priorities.
The event also honoured Christopher Kit Nascimento for his longstanding contribution to the commission and advocacy for good governance and a stable business environment.
