-Min. Singh highlights investment and growth opportunities

-by NaAsia Bristol

Guyana’s rapid growth is creating opportunities beyond oil with investments in infrastructure, tourism, manufacturing and education, driving jobs and business expansion. Speaking with the Guyana Suriname Trade Mission, Finance Minister Dr. Ashni Singh said these developments are strengthening regional partnerships and opening new avenues for growth.

The minister says Guyana is experiencing an unprecedented period of economic growth and transformation, creating opportunities across virtually every sector of the economy. 

Addressing representatives of the Trinidad and Tobago Manufacturers Association and the Suriname Guyana Chamber of Commerce at the opening of the Guyana Suriname Trade Mission, Minister Singh says the country is aggressively investing in infrastructure, energy, healthcare, education and industrial development to support long-term growth. 

“I don’t think it’s a secret.In fact, your presence here today confirms that it isn’t a secret that we are going through an extraordinary period of economic growth and an extraordinary period of economic transformation in Guyana,” he said.

The Finance Minister noted that government investments are helping to accelerate development while encouraging private sector expansion. He pointed to new roads, hospitals, schools, industrial projects and international hotel development as evidence of the country’s changing economic landscape.

Singh said Guyana’s growth is also creating opportunities for local and foreign investors in sectors ranging from agriculture and tourism to manufacturing, training and services. 

“With the rate at which foreign direct investment is arriving in Guyana, with the rate at which domestic credit to the private sector is growing, with the rate at which jobs are being created…in President Ali’s first term, we created 104,000 jobs in Guyana,” he noted.

Minister Singh encouraged visiting companies to explore strategic partnership with Guyanese businesses, noting that collaboration has already created new opportunities in training, manufacturing and other industries.

More than 50 delegates representing 38 Trinidad and Tobago companies are participating in the trade mission which aims to strengthen regional business ties and identify new investment opportunities in Guyana.