Tag Archives: Marriott Hotel – Guyana

GUYANA: Foreign companies dominate the International Energy Conference and Expo

– Ram says high costs per booth chase away local businesses

The inaugural International Energy Conference and Expo wrapped up last week with the international firms taking centre stage and the few local companies that participated saying that they were encouraged by the exposure and links created during the four-day event.

Guyana’s First Lady, Arya Ali and Barbados Prime Minister, Mia Mottley cut the ceremonial ribbon to declare the International Energy Expo open, in the presence of President Irfaan Ali, President of Ghana, Nana Addo Dankwa Akufo-Addo, Suriname Head-of-State, Chandrikapersad Santokhi, Guyana’s Prime Minister, Brigadier (Ret’d) Mark Anthony Phillips and other high level officials.

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Marriott construction: cost objections, lack of Guyanese workers- video

Government presses on with Marriott construction despite cost objections, lack of Guyanese workers

Capitol News- February 11, 2013 –

At the site of the Marriott Hotel today, two protectors  and they hope others would join them soon.  They were protesting the fact that no Guyanese workers are being used in the construction of the hotel.

The construction of the Marriott-branded hotel is so far being funded by Guyanese taxpayers. The Government has said that it is in advanced discussions with investors.   Continue reading

Republic Bank and that Marriott investment

Republic Bank and that Marriott investment


The Marriott project is about to become a reality. The sod for the project has been turned and there seems to be no shortage of financiers. One of the largest would be Republic Bank Limited which is providing more than half of the money.

It is not surprising that Republic Bank would be funding that project to such an extent. For one, it is the largest bank in Guyana and secondly, it has more money in its reserves than it knows what to do with it. Somehow it escaped the harsh consequences of the global financial crisis that caused many banks to fold.

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