By Raphael John-Lall – Trinidad Guardian Newspaper
Formerly one of the poorest countries in the region, Guyana is now transforming itself into the investment capital of the Caribbean. A place to do business, a place to work, a place to play.
This is how T&T nationals among other countries are viewing this South American country.
Some observers predict in future Guyana will be the next “Dubai of the Caribbean.” The Caribbean’s next best thing and a land of opportunity.
Guyana’s Finance Minister Ashni Singh expects the oil and gas sector to grow by 96.7 per cent and the country’s real Gross Domestic Product (GDP) to increase by 47.5 per cent in 2022. Guyana’s forecasted oil production of one million barrels per day (bbl/d) by 2030 and projected income of tens of billions in the next decade puts it ahead of the rest of the Caribbean region. Continue reading
GUYANA: Rapid development requires 100.000 additional workers + Investments – Foreign Secretary
Robert Persaud
Recently, Persaud told members of the Guyanese diaspora in Trinidad and Tobago (T&T) that the Guyanese economy is growing at a fast pace and both skilled and unskilled workers are needed to fill public and private sector jobs.
He said the Government of Guyana is trying to woo members of its diaspora to return by offering several incentives including tax concessions on personal effects such as vehicles and housing lots in Guyana. Continue reading →
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