Business and Economy News

Guyanese Economy Emerging as Key Destination for Foreign Investments

Wazim Mowla, Assistant Director for the Caribbean Initiative at the Atlantic Council

By Celestine Chacon
February 24, 2025

Guyana’s expanding economy has positioned the country as a prime destination for Foreign Direct Investment (FDI), driven by an increasingly dynamic market and deepening financial sector.

These developments were highlighted by Wazim Mowla, Assistant Director for the Caribbean Initiative at the Atlantic Council, during a recent interview with NCN News.

Mowla pointed to several factors contributing to Guyana’s appeal to international investors, including reduced investment risks and a rapidly evolving economic landscape.

He emphasized that while large-scale infrastructure projects typically require years to materialize, the overall investment climate in Guyana has become more secure and attractive.

Additionally, the country’s financial sector has been undergoing significant growth, providing investors with access to previously unavailable capital and credit opportunities.

This expansion has facilitated a shift from mid-tier investment projects to larger-scale developments, reinforcing Guyana’s economic momentum.

As a specialist in Caribbean public policy and foreign affairs, Mowla noted that these transformative changes are setting the stage for Guyana to emerge as a thriving economy over the next decade.

With improved financial accessibility and an increasingly investor-friendly environment, the nation continues to strengthen its position in the global market.

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