Foreign Direct Investment in Guyana was US$165M last year – UN report

Foreign Direct Investment (FDI) in Guyana last year was estimated at US$165M, according to the World Investment Report for 2012 up from the US$154M the previous year but far below neighbouring Suriname which pulled in US$585M.

Produced by the United Nations Conference on Trade and Development, the report released on July 5th tabulates FDI between 2006 and last year. Guyana registered inflows of US$102M, US$152M, US$178M, US$164M, US$154M and an estimated US$165M last year. By contrast, Suriname pulled in over the six-year period: US$163M, US$247M, US$231M, US$93M, US$612M and US$585M.

The report exhibits stunning figures for The Bahamas which has seen major US and Chinese investment and is considered as a strategic bridge for trade between the East and the US. Its figures were US$1.4B, US$1.6B, US$1.5B, US$873M, US$1.1B and US$1.5B.

Trinidad raked in US$883M, US$830M, US$801M, US$709M, US$549M and US$574M. Jamaica took in US$882M, US$867M, US$1.4B, US$541M, US$228M and US$242M. Barbados attracted US$342M, US$476M, US$464M, US$247M, US$290M and US$334M.

Dominica’s figures ranged between US$24M and US$57M. Haiti’s figure last year was US$181M and went as low as US$30M.