As operational weaknesses persist, GO-INVEST CEO, Foreign Minister talk up investment readiness

Hugh Todd

Not for the first time in recent years, a head of the Guyana Office for Investment (GO-INVEST), Guyana’s state agency responsible for facilitating potential investors from overseas seeking to learn more about the procedures associated with investing in Guyana, has been sending deliberate signals about the agency’s preparedness to facilitate such inquiries.

Last week, the recently appointed Chief Executive Officer of GO-INVEST, Peter Ramsaroop, sent the latest signal that Guyana is ‘open for business’, this time, making public the country’s preparedness to operationalise existing trade agreements with the United Kingdom.

 There are prospects here, taking into account pre-existing trade agreements between the two countries. Much of the greater interest, however, from Guyana’s standpoint, is likely to centre on the flurry of investor probes associated with the widely anticipated oil and gas-related flurry of overseas investments in the period ahead.