President Dr. Irfaan Ali has extended a warm invitation to European companies, urging them to seize the opportunity and invest in Guyana’s rapidly developing healthcare and eco-tourism sectors.
The President emphasized that these sectors are undergoing significant growth and may become less accessible for investment in the next three years.
The call comes in the wake of the first European Union Economic Mission to Guyana, which kicked off with an engagement at the Marriott.
Twenty-three companies from ten European member states, including industry giants like Siemens, Nokia, and the French Development Agency, are participating in the mission.
These companies are keen to explore, invest, and establish business partnerships with local counterparts.
President Ali, addressing the delegation, reiterated Guyana’s openness for business, highlighting healthcare, agriculture, tourism, and other sectors as lucrative investment opportunities.
He emphasized that the government has already put in place all the necessary incentives to facilitate investment.
Private investors, especially those in the healthcare sector, were encouraged to act promptly, with President Ali noting that delaying investment could result in higher costs in the future.
He emphasized the favorable environment created by the government to support such facilities.
Local businesses were also urged to engage with the visiting delegation and explore partnerships to enhance their operations to meet global market demands.
The President stressed the importance of collaboration between local and international entities to build a sustainable and globally competitive business landscape.
The visiting delegation comprises companies from the Netherlands, Germany, Belgium, Finland, Spain, Italy, Austria, Sweden, Ireland, and France, specializing in various industries, including finance, tourism, and hospitality.
The Economic Mission is expected to significantly boost trade and investment between Guyana and Europe, fostering economic growth and creating mutually beneficial business opportunities.