GUYANA INTERNATIONAL BUILDING EXPO — July 22-24, 2022
Website: https://buildingexpo.gy/
Guyana is expecting more than 150 international and local companies to participate in the International Building Expo, set to take place July 22-24 at the National Stadium, Providence, East Bank Demerara.
The expo will create an opportunity for local, regional, and international investors to showcase innovative building and construction techniques, government said.
The country is experiencing a construction boom fueled by the offshore oil and gas operations which is creating higher demand for accommodation for tourists, investors, and industry expatriates. The government said it expects the construction sector to be propelled into a more innovative direction with this Expo. Continue reading
Venezuela: Illicit Trade Represents 21% of Venezuela’s GDP: Is This Our Post-Oil Future?
Venezuela – Click to enlarge
Tony Frangie Mawad | Caracas Chronicles
After calculating the current annual worth of drug, gold and gasoline trafficking and port smuggling in Venezuela, a study by the local chapter of the anti-corruption nonprofit Transparency International — with estimates from Ecoanalítica, a Venezuelan economic consulting firm — concluded that these illegal economies made up 21.74% of Venezuela’s GDP last year.
“This means they are more powerful than any other economic sector right now, including oil,” says Mercedes De Freitas, Transparencia Venezuela’s executive director. “And we are talking only about the size of four of these economies, the most important ones. THERE ARE OTHER ILLICIT TRADES: Certain types of food smuggling, diesel smuggling, cooking gas trafficking, human trafficking or timber trafficking, which could be important in some regions.” Continue reading →
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