Tag: capital investments

May 21, 2025
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More than $14 billion has been disbursed to Amerindian communities over the last three years through the Carbon Credit initiative, with continued support set for 2025. This funding is part of Guyana’s agreement with Hess Corporation, which involves the purchase of 30 per cent of the country’s forest carbon over a 10-year period. Amerindian villages […]

March 26, 2025
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The Georgetown Public Hospital Corporation (GPHC) has acquired three new boiler systems valued at approximately $210 million. These systems are essential for sterilisation, producing high-pressure steam to eliminate microorganisms such as bacteria, viruses, and fungi on medical equipment and instruments. Health Minister, Dr Frank Anthony, commissioned the machines on Wednesday. He commended the hospital on […]

February 21, 2025
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Prime Minister, Brigadier (Ret’d), Mark Phillips has outlined a number of new and planned capital investments in renewable energy for 2025 and beyond that are set to reduce energy cost and transform the sector.   Addressing industry leaders, policymakers, and international stakeholders on day three of the Guyana Energy Conference and Supply Chain Expo, the […]

February 19, 2025
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Natural Resources Minister Vickram Bharrat has urged current and prospective investors to explore opportunities across multiple industries. Speaking at the Guyana Energy Conference & Supply Chain Expo on Wednesday, Minister Bharrat emphasised the government’s diversification strategy, which leverages revenues from the country’s oil and gas wealth to drive economic growth in non-oil sectors. One key […]

February 8, 2025
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The tourism sector in Guyana is set to expand with the establishment of Telztar Suites, a 28-room modern hotel in Port Kaituma, North West District. Facilitated by the Guyana Office for Investment, this project marks the first major hospitality investment in Region One, aiming to enhance accommodation options and promote economic growth. Located at 166 […]

February 5, 2025
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Several regional bonds are slated for construction this year as the Health Ministry moves to ensure availability and timely distribution of medical drugs to health facilities. The Materials Management Unit (MMU) is working toward 100 per cent drug distribution to local health facilities, Health Minister Dr Frank Anthony told the National Assembly on Wednesday. He […]

February 4, 2025
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Some 121,000 Guyanese have already received their grants, said Prime Minister Brigadier (Ret’d) Mark Phillips, as he defended the allocation of more than $40 million towards this programme. Speaking during the deliberation before the Committee of Supply in the National Assembly on Monday, the Prime Minister made clear that all eligible Guyanese will benefit from […]

February 4, 2025
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Some 121,000 Guyanese have already received their grants, said Prime Minister Brigadier (Ret’d) Mark Phillips, as he defended the allocation of more than $40 million towards this programme. Speaking during the deliberation before the Committee of Supply in the National Assembly on Monday, the Prime Minister made clear that all eligible Guyanese will benefit from […]

January 27, 2025
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The Government of Guyana expects to receive more than US$12 billion in oil revenues in the period 2025-2028, derived from the sale of crude oil and royalties. This information was provided by the government’s Department of Public Information (DPI). The agency stated that this substantial sum when combined with other sources of national revenue forms […]


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