Potential investors who had previously engaged the Guyana Office for Investment (GO-Invest) are being encouraged to reopen those investment enquiries as the agency enters its retooling phase to better position itself to respond to government’s accelerated focus on creating an enhanced enabling environment for foreign investment.
At the same time, the agency’s recently appointed Chief Executive Officer Owen Verwey told Stabroek Business that potential investors with new applications should visit and engage the agency with a view to pursuing their business interests.
In an extended interview with this newspaper on Wednesday, Verwey said that the immediate focus of the agency is on positioning itself to become optimally equipped to pursue its mandate with significantly enhanced effectiveness. Going forward, some of the priority initiatives that will be undertaken to move GO-Invest in that direction are the relocation of the agency’s operations to premises that can offer an environment and facilities that are better able to more effectively deliver the services expected on the country’s key investment and trade promotion agency. While confirming that a firm decision had already been taken on relocating GO-Invest, Verwey said he was not yet in a position to provide further details on either a time frame for the move or the alternative location.
And accordingly to Verwey, the remodelling of the state investment and trade agency, which has long faced public criticism in the face of charges that it was failing to fulfil its mandate, will include moves to significantly upgrade the
