Business and Economy Local Development News

Guyanese Businesses Urged to Prepare for Caribbean Investment Forum

Chief Investment Officer, GO Invest, Dr. Peter Ramsaroop

By Delicia Janneire

With the Caribbean Investment Forum (CIF) scheduled to take place from July 10 to 12 at the Arthur Chung Conference Centre, local businesses in Guyana are being encouraged to ensure their compliance and business documents are in order.

Chief Investment Officer of GO Invest, Dr. Peter Ramsaroop, emphasized the importance of preparedness for the event, which is expected to attract over 700 investors.

Dr. Ramsaroop highlighted that the CIF is not merely a conference with speakers extolling the virtues of the region but rather an opportunity for businesses to showcase their projects and secure financing.

He stressed the need for businesses to demonstrate feasibility and ensure their tax books are ready, emphasizing that investors are seeking tangible projects with well-developed plans.

In line with the theme of sustainable agriculture, climate security, and digitalization, Ramsaroop emphasized that the private sector should capitalize on this opportunity.

With Guyana experiencing its second wave of economic growth, agro-processing and manufacturing will be key sectors showcased at the forum.

The CIF, which will include both a conference and exhibition space, was initiated by Caribbean Export in 2022 to provide investors with access to a range of bankable projects across the Caribbean region.

As Guyana gears up for this significant investment event, businesses are urged to seize the opportunity to attract investment and propel the nation’s economic development forward.

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