Guyana, for long term development, has the most exciting investments prospects in the Caribbean. This is according to President David Granger who pointed out that the country holds an enviable and strategic position as the link between the South American continent, the Caribbean region and the rest of the world.
The President’s remarks, which were made at an investment seminar, organised by the Caribbean Council in London, were supported by Mr. Gil Holzman, President and Chief Executive Officer of ECO Atlantic Oil and Gas, which has a stake in oil and gas exploration in Guyana. He said, “With everything combined together under the management of the President and his administration, I think the next two to five to 10 years will be very transformational and again, from my personal perspective, this is probably the best investment destination in the world at the moment.”
President Granger and Mr. Holzman were part of a panel, which included Minister of Foreign Affairs, Mr. Carl Greenidge; British High Commissioner to Guyana, Mr. Greg Quinn and Mr. Andy Thorne, Group Chairman of the Kestrel Group, which is involved in the shipping industry in Guyana. The session was facilitated by British Member of Parliament, Lord Bruce of Bennachie and in the audience were business executives from infrastructure, port development, oil and gas, tourism and hospitality and shipping, who are already operating in the Caribbean and Guyana or are interested in doing so, along with Members of the diplomatic community.
The Guyanese Head of State sold Guyana as an exciting investment destination with several advantages and opportunities.
British High Commissioner to Guyana, Mr. Quinn said Guyana is moving in the right direction, particularly as it relates to the ease of doing business and the reduction of corruption. “I think we went up 16 points on the ease of doing business between 2016 and 2017 and that was from 140 to 124 and the corruptions perception index, which went from 29 to 34… We believe that this is an Administration and a Government, which we can and want to work with and which has significant potential going forward,” he said.