Guyana Trade Mission
The Bilateral Chamber’s work is expanding into South America. The Chamber recently led the first trade delegation from the United States to Guyana.
The three-day trip brought together multiple business sectors from the U.S. with government officials and local business leaders.
The Guyanese were clear in their message: Guyana is open for business. The country is on the cusp of a booming oil economy. It is estimated Guyana will pump about 340,000 barrels of oil a day by year’s end. That number is expected to top one million barrels per day by the end of the decade.
Delegates started the mission by receiving a briefing from U.S. Ambassador Sarah-Ann Lynch, before meeting with ministers from the Ministries of Natural Resources, Public Works, Foreign Affairs and International Cooperation, and the Guyana Office of Investment (GO-Invest). The delegation also hosted a networking reception in partnership with the Private Sector Commission, which allowed American and Guyanese business leaders to connect in a more informal setting.
Guyana is a country of 787,000 people. Infrastructure is a priority for the government and President Irfaan Ali has committed to tapping the country’s sovereign wealth fund to invest in the country’s infrastructure. The government plans to build new hospitals, roads and highways, hotels, schools, and expand the airport, all in an effort to overhaul the economy. The government knows it cannot do this alone, which is why it stands ready to welcome U.S. businesses and investors.
For 25 years, the Bilateral Chamber has leveraged its extensive resources and network to promote trade, investment, education and workforce training in emerging economies around the world. For more information on opportunities in Guyana or future trade missions, please contact adrian@bilateralchamber.org.
