Guyana offers attractive investment opportunities in a range of sectors including food crop production and processing, renewable energy, mining, information technology, the creative industries, tourism development and support services for its emerging oil industry.
“Guyana also offers attractive investment incentives including tax holidays; duty free concessions on machinery, equipment and supplies; repatriation of profits and work permits for persons with skills which cannot be sourced in the country,” President of the Guyanese American Chamber of Commerce Wesley Kirton told participants at the Third Annual Florida International Trade Conference and Expo (FITCE) 2017, held earlier this week at the Broward County Convention Center.
Guyana was among some 50 countries which participated in sessions entitled “Doing Business with the World” at which countries highlighted the available business opportunities and the advantages of doing business there.
There were also exhibitors at the expo from Guyana including the University of Guyana, Sonia Noel Designs, Roraima Airways, Suriname Airways (Guyana office) and JTZ Publishing along with the Guyanese American Chamber of Commerce.
In his presentation Kirton pointed to some transformative developments taking place in Guyana which include a completed bridge linking Brazil and Guyana; the soon to be embarked upon construction of a highway from Guyana’s border to link with Georgetown; efforts to privatize the sugar industry which offers opportunities for the introduction of a sugar refinery as well as diversification; recalibration of the University of Guyana to facilitate new programs such as Entrepreneurship and Business Innovation and the discovery of significant volumes of oil offshore the country’s coastland.
Kirton added that Guyana has some well trained available labor and a massive pool of trainable young people hungry for an opportunity to be productively engaged. He also pointed to trade and partial scope agreements with several countries which provide for preferential access of Guyanese products into their markets.
He also informed the audience of Guyana’s award winning El Dorado Rum, which he said, has for years been copping the top prize as the number one rum in the world. “If this rum is not yet in your market here is an opportunity to become the distributor in your country of a world class product.”