The Guyana Oil & Gas Energy Chamber (GOGEC) and the Suriname Energy Chamber (SEC) on Saturday signed a non-binding Memorandum of Under-standing [MoU] aimed at promoting joint ventures and partnerships between Guyanese and Surinamese investors, and to undertake joint activities aimed at investment promotion at the countries’ national and regional levels.
“The objective of this Memorandum of Understanding is to provide a framework for cooperation between the Suriname Energy Chamber and the Guyana Oil and Gas Energy Chamber to facilitate business development support, including timely access to incentives for the energy sector, to promote joint ventures and partnerships between local and foreign investors, and to undertake joint activities aimed at investment promotion at the national and regional level,” GOGEC said in a statement, following the signing. It said that the signing marks the culmination of two years of efforts to ratify a shared vision and framework for enhancing private sector opportunities across the two countries.
