President Bharrat Jagdeo recently met representatives of Queiroz Galvao Construcao and Construtora OAS Limited, two reputable Brazilian companies interested in joint ventures with Guyana.
According to a Government Information Agency (GINA) press release, the companies are on a prospecting mission in Guyana. “Queiroz Galvao Construcao specialises in infrastructure development with specific attention to buildings, railroads, hydropower, urban, infrastructure of transmission lines, bridges, tunnels and viaducts, ports and airports, environmental recovery, water resources, highways, sanitation and subway system,” GINA said.
Constructora OAS serves both public and private clients, offering a range of services such as engineering, planning, execution, works management and concession for the power, sanitation transportation and infrastructure industries. The company has developed projects in numerous Latin American countries including Costa Rica, Panama, Honduras, Argentina, Chile, Columbia, Uruguay and Venezuela.
GINA said the companies are firmly established in 25 countries in Latin America and the Caribbean, and recently won a contract to build a highway in Trinidad and Tobago. Commercial Director of Queiroz Galvao Construcao Adir Jose de Freitas Jr told GINA that the President was encouraged by the companies’ interest and pointed out that he was excited about embarking on joint ventures with Brazil. Government has maintained an open policy to foreign investors, the release said. Guyana has advanced in its plans for trade and investment with Brazil, particularly northern Brazil with major upcoming projects such as the Lethem/Linden road and hydropower. In Region Nine several joint venture projects are underway, especially in the agriculture sector for rice and other produce.
According to GINA, earlier this year a delegation of Brazilian investors met with the Linden business community to foster areas of cooperation, partnership and business development. The mining town is recognised as a potential hub for trade.
