Guyana Office For InvestmentGuyana Office For Investment

Presented by: Mr. Shawn Doris

ProgrammeProgramme ObjectiveObjective::To contribute to Guyana’s economic To contribute to Guyana’s economic competitiveness by promoting and competitiveness by promoting and facilitating facilitating MORE local and foreign privateMORE local and foreign private--sector investments and MORE Guyanese sector investments and MORE Guyanese sector investments and MORE Guyanese sector investments and MORE Guyanese exportsexports, and by , and by enhancing the trade and enhancing the trade and investment climateinvestment climate, in accordance with the , in accordance with the Government of Guyana investment and Government of Guyana investment and export policiesexport policies

Key Responsibility:Key Responsibility:

Implement 4Implement 4Implement 4Implement 4Implement 4Implement 4Implement 4Implement 4--------year Plan of Action with targets and timelines year Plan of Action with targets and timelines year Plan of Action with targets and timelines year Plan of Action with targets and timelines year Plan of Action with targets and timelines year Plan of Action with targets and timelines year Plan of Action with targets and timelines year Plan of Action with targets and timelines

for GOfor GOfor GOfor GOfor GOfor GOfor GOfor GO--------Invest to enhance and expand its Invest to enhance and expand its Invest to enhance and expand its Invest to enhance and expand its Invest to enhance and expand its Invest to enhance and expand its Invest to enhance and expand its Invest to enhance and expand its four core four core four core four core four core four core four core four core

responsibilitiesresponsibilitiesresponsibilitiesresponsibilitiesresponsibilitiesresponsibilitiesresponsibilitiesresponsibilities: : : : : : : :

[1] Investment Generation and Facilitation, [1] Investment Generation and Facilitation, [1] Investment Generation and Facilitation, [1] Investment Generation and Facilitation, [1] Investment Generation and Facilitation, [1] Investment Generation and Facilitation, [1] Investment Generation and Facilitation, [1] Investment Generation and Facilitation,

[2] Export Promotion, [2] Export Promotion, [2] Export Promotion, [2] Export Promotion, [2] Export Promotion, [2] Export Promotion, [2] Export Promotion, [2] Export Promotion,

[3] Policy Advocacy [3] Policy Advocacy [3] Policy Advocacy [3] Policy Advocacy [3] Policy Advocacy [3] Policy Advocacy [3] Policy Advocacy [3] Policy Advocacy [3] Policy Advocacy [3] Policy Advocacy [3] Policy Advocacy [3] Policy Advocacy [3] Policy Advocacy [3] Policy Advocacy [3] Policy Advocacy [3] Policy Advocacy

[4] Image Building. [4] Image Building. [4] Image Building. [4] Image Building. [4] Image Building. [4] Image Building. [4] Image Building. [4] Image Building.

[5] Enhancing the Internal Organization of GO[5] Enhancing the Internal Organization of GO[5] Enhancing the Internal Organization of GO[5] Enhancing the Internal Organization of GO[5] Enhancing the Internal Organization of GO[5] Enhancing the Internal Organization of GO[5] Enhancing the Internal Organization of GO[5] Enhancing the Internal Organization of GO--------InvestInvestInvestInvestInvestInvestInvestInvest

The GOThe GOThe GOThe GOThe GOThe GOThe GOThe GO--------Invest Plan of Action, Invest Plan of Action, Invest Plan of Action, Invest Plan of Action, Invest Plan of Action, Invest Plan of Action, Invest Plan of Action, Invest Plan of Action, based on the National based on the National based on the National based on the National based on the National based on the National based on the National based on the National

Development StrategyDevelopment StrategyDevelopment StrategyDevelopment StrategyDevelopment StrategyDevelopment StrategyDevelopment StrategyDevelopment Strategy, is part of the National , is part of the National , is part of the National , is part of the National , is part of the National , is part of the National , is part of the National , is part of the National

Competitiveness Strategy Action Plan of the Government Competitiveness Strategy Action Plan of the Government Competitiveness Strategy Action Plan of the Government Competitiveness Strategy Action Plan of the Government Competitiveness Strategy Action Plan of the Government Competitiveness Strategy Action Plan of the Government Competitiveness Strategy Action Plan of the Government Competitiveness Strategy Action Plan of the Government

of Guyana and the Private Sector Commission. of Guyana and the Private Sector Commission. of Guyana and the Private Sector Commission. of Guyana and the Private Sector Commission. of Guyana and the Private Sector Commission. of Guyana and the Private Sector Commission. of Guyana and the Private Sector Commission. of Guyana and the Private Sector Commission.

Key Responsibility # 1:Key Responsibility # 1:

{1} Increase Investment Generation and Facilitation {1} Increase Investment Generation and Facilitation

by contributing:by contributing:

A.A. to a to a diversification of economic activitiesdiversification of economic activitiesdiversification of economic activitiesdiversification of economic activitiesdiversification of economic activitiesdiversification of economic activitiesdiversification of economic activitiesdiversification of economic activities -- across across

targeted sectors and within each of those sectors to targeted sectors and within each of those sectors to

develop VALUEdevelop VALUE--ADDED PRODUCTS and SERVICES; ADDED PRODUCTS and SERVICES; develop VALUEdevelop VALUE--ADDED PRODUCTS and SERVICES; ADDED PRODUCTS and SERVICES;

B.B. to the to the sustainable development of the economy;sustainable development of the economy;sustainable development of the economy;sustainable development of the economy;sustainable development of the economy;sustainable development of the economy;sustainable development of the economy;sustainable development of the economy;

C.C. to the development of an to the development of an openopenopenopenopenopenopenopen economy economy economy economy economy economy economy economy based on based on

fostering fostering competitioncompetitioncompetitioncompetitioncompetitioncompetitioncompetitioncompetition;;

D.D. to an to an improvement inimprovement inimprovement inimprovement inimprovement inimprovement inimprovement inimprovement in thethethethethethethethe regional and global regional and global

competitivecompetitivecompetitivecompetitivecompetitivecompetitivecompetitivecompetitivenessnessnessnessnessnessnessness of businessesof businessesof businessesof businessesof businessesof businessesof businessesof businesses in Guyana.in Guyana.

THE BREAD BASKET OF THE THE BREAD BASKET OF THE

CARIBBEANCARIBBEAN-- GUYANAGUYANA

INTRODUCTIONINTRODUCTIONINTRODUCTIONINTRODUCTIONINTRODUCTIONINTRODUCTIONINTRODUCTIONINTRODUCTION

The Government of Guyana is eager to welcome The Government of Guyana is eager to welcome

investments that include job creating and profit oriented investments that include job creating and profit oriented

projects. This is a country that is blessed with various projects. This is a country that is blessed with various projects. This is a country that is blessed with various projects. This is a country that is blessed with various

Natural Resources over a large expanse of land.Natural Resources over a large expanse of land.

The Government is committed and will provide a package The Government is committed and will provide a package

of infrastructure support plus low cost land for potential of infrastructure support plus low cost land for potential

investors. Interested parties are invited to visit Guyana to investors. Interested parties are invited to visit Guyana to

see available lands, discuss investment options and learn see available lands, discuss investment options and learn

our regulatory procedures.our regulatory procedures.

GUYANA PROFILEGUYANA PROFILE

�� Guyana is a multi ethnic countryGuyana is a multi ethnic country

�� Land Mass of 83,000 sq. miles (215,000 sq km)Land Mass of 83,000 sq. miles (215,000 sq km)

�� Population Population -- 752,000752,000

�� Guyana’s economy is well endowed with:Guyana’s economy is well endowed with:

��Fertile agriculture landsFertile agriculture lands��Fertile agriculture landsFertile agriculture lands

��Suitable water for agriculture developmentSuitable water for agriculture development

��Range of diversified mineral depositsRange of diversified mineral deposits

��Significant acreage of tropical forestSignificant acreage of tropical forest

��Rich and exclusive economic fishery zoneRich and exclusive economic fishery zone

��Outside of the hurricane zoneOutside of the hurricane zone

Development in GuyanaDevelopment in GuyanaDevelopment in GuyanaDevelopment in GuyanaDevelopment in GuyanaDevelopment in GuyanaDevelopment in GuyanaDevelopment in GuyanaEconomic Development in Guyana is Economic Development in Guyana is

characterized as:characterized as:�� OPENOPEN

�� COMPETITIVECOMPETITIVE

�� DIVERSIFIEDDIVERSIFIED

�� SUSTAINABLESUSTAINABLESUSTAINABLESUSTAINABLE

These words highlight the economic strategy of the These words highlight the economic strategy of the

Government of Guyana in partnership with the Government of Guyana in partnership with the

private sector and international donor agencies. private sector and international donor agencies.

The main goals of this strategy are to The main goals of this strategy are to achieve and achieve and

maintain higher economic growth rates and a maintain higher economic growth rates and a

better standard of living for all Guyanese through a better standard of living for all Guyanese through a

visiblyvisibly--enhanced business climateenhanced business climate........

WHY INVEST IN GUYANAWHY INVEST IN GUYANAWHY INVEST IN GUYANAWHY INVEST IN GUYANAWHY INVEST IN GUYANAWHY INVEST IN GUYANAWHY INVEST IN GUYANAWHY INVEST IN GUYANA

�� Competitive wage rateCompetitive wage rate

�� Talented, young, productive and educated work Talented, young, productive and educated work forceforce

�� Comprehensive system of agricultural training and Comprehensive system of agricultural training and other trainingother trainingother trainingother training

�� Economic strengthEconomic strength

�� Average GDP growth Average GDP growth –– 4%4%

�� InflationInflation-- 5.4% (2011)5.4% (2011)

�� Debt Service Ratio Debt Service Ratio –– 4.3%4.3%

�� International reserves International reserves –– US$ 700 millionUS$ 700 million

�� Gateway to South AmericaGateway to South America

GUYANAGUYANAGUYANAGUYANAGUYANAGUYANAGUYANAGUYANA--------BRAZIL RELATIONSBRAZIL RELATIONSBRAZIL RELATIONSBRAZIL RELATIONSBRAZIL RELATIONSBRAZIL RELATIONSBRAZIL RELATIONSBRAZIL RELATIONS

�� GUYANA GUYANA SHARES ITS BORDER WITH TWO BRAZILIAN SHARES ITS BORDER WITH TWO BRAZILIAN STATESSTATES–– RORAIMARORAIMA

–– PARAPARA

�� GUYANA GUYANA IS THE ONLY CARICOM STATE THAT HAS:IS THE ONLY CARICOM STATE THAT HAS:�� GUYANA GUYANA IS THE ONLY CARICOM STATE THAT HAS:IS THE ONLY CARICOM STATE THAT HAS:–– A DIRECT ROAD LINK TO BRAZILA DIRECT ROAD LINK TO BRAZIL

–– VIA BRAZIL THE WHOLE S.A. CONTINENTVIA BRAZIL THE WHOLE S.A. CONTINENT

�� BRAZIL’S BRAZIL’S NOTHERN ARC PROJECT IS AIMED AT THE NOTHERN ARC PROJECT IS AIMED AT THE ECONOMIC AND SOCIAL DEVELOPMENT OF ITS NOTHERN ECONOMIC AND SOCIAL DEVELOPMENT OF ITS NOTHERN STATE STATE -- RoraimaRoraima

�� THE THE ROAD LINK FROM RORAIMA TO GUYANA IS A ROAD LINK FROM RORAIMA TO GUYANA IS A CRITICAL PART OF THIS INITIATIVECRITICAL PART OF THIS INITIATIVE

GUYANAGUYANAGUYANAGUYANAGUYANAGUYANAGUYANAGUYANA--------VENEZUELA VENEZUELA VENEZUELA VENEZUELA VENEZUELA VENEZUELA VENEZUELA VENEZUELA

RELATIONSRELATIONSRELATIONSRELATIONSRELATIONSRELATIONSRELATIONSRELATIONSExportsExports

��Paddy (as of 2009)Paddy (as of 2009)

��White Rice (as of 2010)White Rice (as of 2010)

ImportsImportsImportsImports

��Gas & Diesel ( approx 20% of the Gas & Diesel ( approx 20% of the GDP OR APPROX $250,000 US)GDP OR APPROX $250,000 US)

FutureFuture

Guyana is seeking to import Lubricants Guyana is seeking to import Lubricants and LDG Gas in the near future.and LDG Gas in the near future.

THE ROAD TO BRAZILTHE ROAD TO BRAZIL

�� GEORGETOWN TO LETHEM GEORGETOWN TO LETHEM –– 543KM543KM

�� GEORGETOWN TO LINDEN GEORGETOWN TO LINDEN -- 105KM PAVED105KM PAVED

�� LINDEN TO LETHEM LINDEN TO LETHEM –– 438KM UNPAVED438KM UNPAVED

PONTOON CROSSING PONTOON CROSSING –– KURUPUKARIKURUPUKARI�� PONTOON CROSSING PONTOON CROSSING –– KURUPUKARIKURUPUKARI

�� MAINTENANCE MAINTENANCE -- MMC & IWOKARAMA MMC & IWOKARAMA

PORT

BOA VISTA – GEORGETOWN ROAD & SEAPORT

ROAD

StateOf

Roraima

Investment Opportunities in Investment Opportunities in the Lethem Areathe Lethem Area

�� MANUFACTURING/PACKAGING FACILITYMANUFACTURING/PACKAGING FACILITY

�� Peanuts, Cashew Nuts, Fresh Fruits & VegetablesPeanuts, Cashew Nuts, Fresh Fruits & Vegetables�� Cattle rearing, Beef production and Fish Cattle rearing, Beef production and Fish

(aqua (aqua ––culture)culture)�� Craft Craft

�� SUPPLY OF AGROCHEMICALS SUPPLY OF AGROCHEMICALS

�� Intermediate Intermediate SavanahasSavanahasBoa Vista, Boa Vista, RoraimaRoraima�� Boa Vista, Boa Vista, RoraimaRoraima

�� SERVICE/HOSPITALITY OUTLETSSERVICE/HOSPITALITY OUTLETS

�� Petrol StationsPetrol Stations�� Motels & Rest Stops; Coffee & SnacksMotels & Rest Stops; Coffee & Snacks

�� TRADING OF NONTRADING OF NON--TRADITIONAL PRODUCTSTRADITIONAL PRODUCTS�� HINTERLAND DEVELOPMENTHINTERLAND DEVELOPMENT

�� Strengthen the Population Base Strengthen the Population Base �� Stimulation of Economic DevelopmentStimulation of Economic Development

INTERNATIONAL INTERNATIONAL INTERNATIONAL INTERNATIONAL INTERNATIONAL INTERNATIONAL INTERNATIONAL INTERNATIONAL

ACCESSACCESSACCESSACCESSACCESSACCESSACCESSACCESS

WHY INVEST IN GUYANA (cont’d)WHY INVEST IN GUYANA (cont’d)

�� Supportive Government Policy:Supportive Government Policy:�� Legislative frameworkLegislative framework�� Tax holiday for pioneering projectsTax holiday for pioneering projects�� Waiver of duty and taxes on machinery and Waiver of duty and taxes on machinery and

equipment including renewable energy equipment including renewable energy equipment including renewable energy equipment including renewable energy equipment and materialsequipment and materials

�� Unrestricted repatriation of profits and Unrestricted repatriation of profits and capitalcapital

�� Facilitation by the Guyana Office for Facilitation by the Guyana Office for Investment for all relevant licenseInvestment for all relevant license

Developing The Competitiveness Of Developing The Competitiveness Of Developing The Competitiveness Of Developing The Competitiveness Of Developing The Competitiveness Of Developing The Competitiveness Of Developing The Competitiveness Of Developing The Competitiveness Of

Enterprises Enterprises Enterprises Enterprises Enterprises Enterprises Enterprises Enterprises –––––––– Addressing ConstraintsAddressing ConstraintsAddressing ConstraintsAddressing ConstraintsAddressing ConstraintsAddressing ConstraintsAddressing ConstraintsAddressing Constraints

In Guyana, various constraints are being In Guyana, various constraints are being addressed. The Government of Guyana, addressed. The Government of Guyana, international development agencies and the local international development agencies and the local private sector are private sector are coco--investinginvesting with private with private investors by providing investors by providing

�� a a modern infrastructuremodern infrastructure

�� improvedimproved business support services,business support services, and and

�� skillsskills trainingtraining of employees, of employees,

This is being done especially through the National This is being done especially through the National Competitiveness Strategy Implementation Plan Competitiveness Strategy Implementation Plan and the Agricultural Diversification Plan.and the Agricultural Diversification Plan.

New DevelopmentsNew DevelopmentsNew DevelopmentsNew DevelopmentsNew DevelopmentsNew DevelopmentsNew DevelopmentsNew DevelopmentsInfrastructureInfrastructureInfrastructureInfrastructureInfrastructureInfrastructureInfrastructureInfrastructure

�� The The BerbiceBerbice River BridgeRiver Bridge

�� The Guyana/Brazil The Guyana/Brazil TakatuTakatu BridgeBridge

�� New Highways from Georgetown to New Highways from Georgetown to MolesonMoleson CreekCreek

(Guyana/Suriname Border) [120 miles](Guyana/Suriname Border) [120 miles]

�� Preparation for new Lethem to Linden HighwayPreparation for new Lethem to Linden Highway�� Preparation for new Lethem to Linden HighwayPreparation for new Lethem to Linden Highway

�� Exploration for a Deep Water PortExploration for a Deep Water Port

�� New Highway from Georgetown to New Highway from Georgetown to CheddiCheddi JaganJagan

International AirportInternational Airport

�� Ogle Airport is now Guyana’s 2nd International Ogle Airport is now Guyana’s 2nd International

AirportAirport

�� New access roads to Region 8New access roads to Region 8

�� TransTrans--shipment Port at Lindenshipment Port at Linden

IncentivesIncentivesIncentivesIncentivesIncentivesIncentivesIncentivesIncentivesGeneral Incentives for all InvestmentsGeneral Incentives for all InvestmentsGeneral Incentives for all InvestmentsGeneral Incentives for all InvestmentsGeneral Incentives for all InvestmentsGeneral Incentives for all InvestmentsGeneral Incentives for all InvestmentsGeneral Incentives for all Investments

�� No foreign exchange controlsNo foreign exchange controls

�� Unlimited Carryover of Taxes Losses from Previous Unlimited Carryover of Taxes Losses from Previous

YearsYears

�� Accelerated Depreciation on Machinery and Accelerated Depreciation on Machinery and

Equipment for tax purposesEquipment for tax purposesEquipment for tax purposesEquipment for tax purposes

�� Full and Unrestricted Repatriation of Capital, Profits Full and Unrestricted Repatriation of Capital, Profits

and Dividendsand Dividends

�� Benefits of Double Taxation Treaties with the UK, Benefits of Double Taxation Treaties with the UK,

Canada and CARICOM countriesCanada and CARICOM countries

�� Right to open and retain foreign exchange accounts Right to open and retain foreign exchange accounts

with commercial banks of your choicewith commercial banks of your choice

IncentivesIncentivesIncentivesIncentivesIncentivesIncentivesIncentivesIncentivesSpecial incentivesSpecial incentivesSpecial incentivesSpecial incentivesSpecial incentivesSpecial incentivesSpecial incentivesSpecial incentives

�� Export Allowances for NonExport Allowances for Non--Traditional Exports to MarketsTraditional Exports to Marketsoutside of CARICOM.outside of CARICOM. The amount deducted depends on the The amount deducted depends on the Proportion of Export Sales to Total Sales.Proportion of Export Sales to Total Sales.

% of Export Sales to % of Export Sales to

Total SalesTotal Sales

% of Export Profit Deductible % of Export Profit Deductible

from Income Taxfrom Income TaxTotal SalesTotal Sales from Income Taxfrom Income Tax

10% 10% -- 20%20% 25%25%

20% 20% -- 30%30% 35%35%

30% 30% -- 40%40% 45%45%

40% 40% -- 50%50% 55%55%

50% 50% -- 60%60% 65%65%

Above 60%Above 60% 75%75%

IncentivesIncentivesIncentivesIncentivesIncentivesIncentivesIncentivesIncentivesSpecial incentives Cont’dSpecial incentives Cont’dSpecial incentives Cont’dSpecial incentives Cont’dSpecial incentives Cont’dSpecial incentives Cont’dSpecial incentives Cont’dSpecial incentives Cont’d

�� Tax Holidays for Information and Communication Technologies Tax Holidays for Information and Communication Technologies

(ICT) Projects and investment in Energy, Light Manufacturing, (ICT) Projects and investment in Energy, Light Manufacturing,

Tourism, Mining and Agriculture. Tourism, Mining and Agriculture.

SECTOR INCENTIVESSECTOR INCENTIVESSECTOR INCENTIVESSECTOR INCENTIVESSECTOR INCENTIVESSECTOR INCENTIVESSECTOR INCENTIVESSECTOR INCENTIVES

(through an Investment Agreement between the Government of Guyana (through an Investment Agreement between the Government of Guyana (through an Investment Agreement between the Government of Guyana (through an Investment Agreement between the Government of Guyana

[GO[GO--Invest} and the investor (s)Invest} and the investor (s)

�� Customs Duty and Value Added Tax Rate of Zero on a Wide Customs Duty and Value Added Tax Rate of Zero on a Wide

Range of Processing Machinery and Equipment, including Range of Processing Machinery and Equipment, including

Packaging Equipment, Auxiliary Plant Equipment, Basic Packaging Equipment, Auxiliary Plant Equipment, Basic

Furnishings, Building Materials, etc.Furnishings, Building Materials, etc.

�� Waiver of Customs Duty, Excise Tax and Value Added Tax on Waiver of Customs Duty, Excise Tax and Value Added Tax on

VehiclesVehicles

An Improving Business ClimateAn Improving Business ClimateAn Improving Business ClimateAn Improving Business ClimateAn Improving Business ClimateAn Improving Business ClimateAn Improving Business ClimateAn Improving Business Climate

Local and foreign investors can attest to the onLocal and foreign investors can attest to the on--

going improvements in the key areas of concern for going improvements in the key areas of concern for

the private sector: the private sector:

�� Political, economic and social stability has Political, economic and social stability has

been maintainedbeen maintainedbeen maintainedbeen maintained

�� There is a strong financial sectorThere is a strong financial sector

�� There is an expansion of modern infrastructure There is an expansion of modern infrastructure

(bridges, roads and telecommunications)(bridges, roads and telecommunications)

�� There is the continuous reform of laws, There is the continuous reform of laws,

regulations and key public service institutionsregulations and key public service institutions

An Improving Business Climate Cont’dAn Improving Business Climate Cont’dAn Improving Business Climate Cont’dAn Improving Business Climate Cont’dAn Improving Business Climate Cont’dAn Improving Business Climate Cont’dAn Improving Business Climate Cont’dAn Improving Business Climate Cont’d

�� The modern education, health and housing The modern education, health and housing sectors are continuously expandingsectors are continuously expanding

�� The local business sector is growingThe local business sector is growing

�� Foreign Direct investment is increasing, andForeign Direct investment is increasing, and

�� The Government of Guyana has been commended, The Government of Guyana has been commended, nationally and internationally, for its forwardnationally and internationally, for its forward--nationally and internationally, for its forwardnationally and internationally, for its forward--looking International Outlook, (e.g. the Low looking International Outlook, (e.g. the Low Carbon Development Strategy)Carbon Development Strategy)

In response, many investors, local and foreign, have In response, many investors, local and foreign, have been diversifying their investments into eight (8) been diversifying their investments into eight (8) economic sectors in Guyana, thereby creating economic sectors in Guyana, thereby creating

A NEW ECONOMYA NEW ECONOMYA NEW ECONOMYA NEW ECONOMYA NEW ECONOMYA NEW ECONOMYA NEW ECONOMYA NEW ECONOMY..

THE NEW ECONOMYTHE NEW ECONOMYTHE NEW ECONOMYTHE NEW ECONOMYTHE NEW ECONOMYTHE NEW ECONOMYTHE NEW ECONOMYTHE NEW ECONOMYEnergyEnergyEnergyEnergyEnergyEnergyEnergyEnergy

��PetroleumPetroleum and Gas and Gas ExplorationExploration

�� Solar PowerSolar Power

�� Hydro PowerHydro Power

�� BioBio--fuels such as Ethanolfuels such as Ethanol�� BioBio--fuels such as Ethanolfuels such as Ethanol

�� BioBio--dieseldiesel

�� Wind PowerWind Power

�� Cogeneration from Rice Husk/ Cogeneration from Rice Husk/ BagasseBagasse

�� Biomass PowerBiomass Power

THE NEW ECONOMYTHE NEW ECONOMYTHE NEW ECONOMYTHE NEW ECONOMYTHE NEW ECONOMYTHE NEW ECONOMYTHE NEW ECONOMYTHE NEW ECONOMYInformation & Communication TechnologiesInformation & Communication TechnologiesInformation & Communication TechnologiesInformation & Communication TechnologiesInformation & Communication TechnologiesInformation & Communication TechnologiesInformation & Communication TechnologiesInformation & Communication Technologies

�� Business Process Outsourcing (BPO)Business Process Outsourcing (BPO)

�� Call Centres (inbound/outbound Call Centres (inbound/outbound

�� Software DevelopmentSoftware Development

�� Medical & Legal TranscriptionMedical & Legal Transcription�� Medical & Legal TranscriptionMedical & Legal Transcription

THE NEW ECONOMYTHE NEW ECONOMYTHE NEW ECONOMYTHE NEW ECONOMYTHE NEW ECONOMYTHE NEW ECONOMYTHE NEW ECONOMYTHE NEW ECONOMYLight ManufacturingLight ManufacturingLight ManufacturingLight ManufacturingLight ManufacturingLight ManufacturingLight ManufacturingLight Manufacturing

�� Joint ventures and whollyJoint ventures and wholly--owned by foreign owned by foreign

investors, especially with Chinese, Indian investors, especially with Chinese, Indian

and USA Investors [Queens Atlantic]and USA Investors [Queens Atlantic]

�� Textiles and Garments (DENMOR)Textiles and Garments (DENMOR)�� Textiles and Garments (DENMOR)Textiles and Garments (DENMOR)

�� Pharmaceuticals (Twins and GPC)Pharmaceuticals (Twins and GPC)

�� Building & Construction materials (Gafoors, Building & Construction materials (Gafoors,

Toolsie Persaud Ltd., BK International)Toolsie Persaud Ltd., BK International)

�� Packaging (Caribbean Container)Packaging (Caribbean Container)

THE NEW ECONOMYTHE NEW ECONOMYTHE NEW ECONOMYTHE NEW ECONOMYTHE NEW ECONOMYTHE NEW ECONOMYTHE NEW ECONOMYTHE NEW ECONOMYMiningMiningMiningMiningMiningMiningMiningMining

�� Diamond (Mining &/or Purchasing)Diamond (Mining &/or Purchasing)

�� GoldGold

�� Bauxite (RUSAL of Russia and BOSAI of Bauxite (RUSAL of Russia and BOSAI of China)China)China)China)

�� Other Minerals (Iron ore, SemiOther Minerals (Iron ore, Semi--precious precious stones, platinum, uranium, etc.)stones, platinum, uranium, etc.)

�� Sale of MachinerySale of Machinery

�� Mining Laboratories from Canada and Chile Mining Laboratories from Canada and Chile (ACTLABS and ACME Laboratory)(ACTLABS and ACME Laboratory)

THE NEW ECONOMYTHE NEW ECONOMYTHE NEW ECONOMYTHE NEW ECONOMYTHE NEW ECONOMYTHE NEW ECONOMYTHE NEW ECONOMYTHE NEW ECONOMYTraditional & NonTraditional & NonTraditional & NonTraditional & NonTraditional & NonTraditional & NonTraditional & NonTraditional & Non--------traditional Agriculturetraditional Agriculturetraditional Agriculturetraditional Agriculturetraditional Agriculturetraditional Agriculturetraditional Agriculturetraditional Agriculture

��Processing (fruit juice concentrates and Processing (fruit juice concentrates and pulps, vegetable flours)pulps, vegetable flours)

�� Fresh fruit and vegetablesFresh fruit and vegetables

�� Livestock (poultry, beef, mutton, pork and Livestock (poultry, beef, mutton, pork and �� Livestock (poultry, beef, mutton, pork and Livestock (poultry, beef, mutton, pork and goat meat)goat meat)

�� INPUTS (seeds, fertilizers)INPUTS (seeds, fertilizers)

�� Machinery & Equipment Machinery & Equipment

�� Sugar CaneSugar Cane

�� RiceRice

THE NEW ECONOMYTHE NEW ECONOMYTHE NEW ECONOMYTHE NEW ECONOMYTHE NEW ECONOMYTHE NEW ECONOMYTHE NEW ECONOMYTHE NEW ECONOMYForestry ProductsForestry ProductsForestry ProductsForestry ProductsForestry ProductsForestry ProductsForestry ProductsForestry Products

��Downstream Wood Processing Downstream Wood Processing ––

flooring, flooring, decking, decking, mouldingsmouldings, doors, , doors,

shingles, dimensional lumber, furniture, shingles, dimensional lumber, furniture,

plywood, veneersplywood, veneersplywood, veneersplywood, veneers

THE NEW ECONOMYTHE NEW ECONOMYTHE NEW ECONOMYTHE NEW ECONOMYTHE NEW ECONOMYTHE NEW ECONOMYTHE NEW ECONOMYTHE NEW ECONOMYSeafood & AquacultureSeafood & AquacultureSeafood & AquacultureSeafood & AquacultureSeafood & AquacultureSeafood & AquacultureSeafood & AquacultureSeafood & Aquaculture

�� Aquaculture Aquaculture –– tilapia/tambukitilapia/tambuki

�� 5 major seafood processing plants5 major seafood processing plants�� 5 major seafood processing plants5 major seafood processing plants

�� Deep Sea FishingDeep Sea Fishing

THE NEW ECONOMYTHE NEW ECONOMYTHE NEW ECONOMYTHE NEW ECONOMYTHE NEW ECONOMYTHE NEW ECONOMYTHE NEW ECONOMYTHE NEW ECONOMYConstruction & Engineering ServicesConstruction & Engineering ServicesConstruction & Engineering ServicesConstruction & Engineering ServicesConstruction & Engineering ServicesConstruction & Engineering ServicesConstruction & Engineering ServicesConstruction & Engineering Services

�� Joint Ventures and whollyJoint Ventures and wholly--owned by foreign owned by foreign

or local investors :or local investors :

-- RoadsRoads

-- BridgesBridges-- BridgesBridges

-- PortsPorts

-- HousingHousing

-- Commercial BuildingsCommercial Buildings

THE NEW ECONOMYTHE NEW ECONOMYTHE NEW ECONOMYTHE NEW ECONOMYTHE NEW ECONOMYTHE NEW ECONOMYTHE NEW ECONOMYTHE NEW ECONOMYTourism & HospitalityTourism & HospitalityTourism & HospitalityTourism & HospitalityTourism & HospitalityTourism & HospitalityTourism & HospitalityTourism & Hospitality

�� Resorts / Hotel development with CasinosResorts / Hotel development with Casinos

�� RestaurantsRestaurants

��RecreationRecreation

��Cruise ShipsCruise Ships��Cruise ShipsCruise Ships

��YachtingYachting

��Bird WatchingBird Watching

��FishingFishing

�� Joint VenturesJoint Ventures

��Tour Operators Tour Operators

THE NEW ECONOMYTHE NEW ECONOMYTHE NEW ECONOMYTHE NEW ECONOMYTHE NEW ECONOMYTHE NEW ECONOMYTHE NEW ECONOMYTHE NEW ECONOMY

ServicesServicesServicesServicesServicesServicesServicesServices

�� FinancialFinancialFinancialFinancialFinancialFinancialFinancialFinancial –– (Micro(Micro--Credit and Offshore Banking)Credit and Offshore Banking)

�� MedicalMedicalMedicalMedicalMedicalMedicalMedicalMedical –– (JVs from USA (JVs from USA -- Heart Institute, Cancer Heart Institute, Cancer Centre and potential for Medical Centre and potential for Medical Tourism)Tourism)Centre and potential for Medical Centre and potential for Medical Tourism)Tourism)

�� EnvironmentalEnvironmentalEnvironmentalEnvironmentalEnvironmentalEnvironmentalEnvironmentalEnvironmental –– Carbon CreditsCarbon Credits

�� TransportationTransportationTransportationTransportationTransportationTransportationTransportationTransportation (aviation, shipping and (aviation, shipping and trucking)trucking)

�� Retail / CommercialRetail / CommercialRetail / CommercialRetail / CommercialRetail / CommercialRetail / CommercialRetail / CommercialRetail / Commercial (retail stores)(retail stores)

�� HousingHousingHousingHousingHousingHousingHousingHousing

�� Fashion, Music and other entertainmentFashion, Music and other entertainmentFashion, Music and other entertainmentFashion, Music and other entertainmentFashion, Music and other entertainmentFashion, Music and other entertainmentFashion, Music and other entertainmentFashion, Music and other entertainment

�� Machining (repairs, reMachining (repairs, reMachining (repairs, reMachining (repairs, reMachining (repairs, reMachining (repairs, reMachining (repairs, reMachining (repairs, re--------boring etc.)boring etc.)boring etc.)boring etc.)boring etc.)boring etc.)boring etc.)boring etc.)

Diversification of Investments by RegionDiversification of Investments by RegionDiversification of Investments by RegionDiversification of Investments by RegionDiversification of Investments by RegionDiversification of Investments by RegionDiversification of Investments by RegionDiversification of Investments by Region

RegionRegion Top Economic Sectors in order of magnitude of ProjectsTop Economic Sectors in order of magnitude of Projects

11 Agriculture, Mining, Wood Products, Services & EnergyAgriculture, Mining, Wood Products, Services & Energy

22 Agriculture, Wood Products, Services & TourismAgriculture, Wood Products, Services & Tourism

33 Agriculture, Wood Products, Tourism & ServicesAgriculture, Wood Products, Tourism & Services

44Agriculture, Services, Light Manufacturing, Tourism, Wood Agriculture, Services, Light Manufacturing, Tourism, Wood

Products & ICTProducts & ICT

55 Agriculture & ServicesAgriculture & Services

66 Agriculture, Wood Products, Services, ICT, Tourism & EnergyAgriculture, Wood Products, Services, ICT, Tourism & Energy

77 Mining, Wood Products, Services, Tourism & AgricultureMining, Wood Products, Services, Tourism & Agriculture

88 Mining, Wood Products, Energy & AgricultureMining, Wood Products, Energy & Agriculture

99Services, Agriculture, Tourism, Wood Products, Mining, Light Services, Agriculture, Tourism, Wood Products, Mining, Light

Manufacturing & EnergyManufacturing & Energy

1010 Wood Products, Agriculture, ICT, Services & TourismWood Products, Agriculture, ICT, Services & Tourism

A Positive TrendA Positive TrendA Positive TrendA Positive TrendA Positive TrendA Positive TrendA Positive TrendA Positive Trend

Increased Foreign Direct Investments (FDI)Increased Foreign Direct Investments (FDI)Increased Foreign Direct Investments (FDI)Increased Foreign Direct Investments (FDI)Increased Foreign Direct Investments (FDI)Increased Foreign Direct Investments (FDI)Increased Foreign Direct Investments (FDI)Increased Foreign Direct Investments (FDI)Although the largest number of FDI projects continues to be from Although the largest number of FDI projects continues to be from the USA and Canada, more FDI projects are facilitated from:the USA and Canada, more FDI projects are facilitated from:

�� BrazilBrazil

�� ChinaChina

�� Trinidad and TobagoTrinidad and Tobago

�� BarbadosBarbados

�� 18 Others: Russia, India, St. Kitts and Nevis, St. Lucia, the 18 Others: Russia, India, St. Kitts and Nevis, St. Lucia, the �� 18 Others: Russia, India, St. Kitts and Nevis, St. Lucia, the 18 Others: Russia, India, St. Kitts and Nevis, St. Lucia, the United Kingdom, Denmark, Switzerland, Israel, Germany, United Kingdom, Denmark, Switzerland, Israel, Germany, Holland, Japan, St. Maarten, Sri Lanka, Ireland, Turkey, Holland, Japan, St. Maarten, Sri Lanka, Ireland, Turkey, Cayenne, Mexico and Malaysia. Cayenne, Mexico and Malaysia.

An increasing number of FDI Projects are from Trinidad & Tobago, An increasing number of FDI Projects are from Trinidad & Tobago, Barbados, China and Brazil.Barbados, China and Brazil.

** The diversification of the source countries of Foreign Direct The diversification of the source countries of Foreign Direct Investment is another major goal of the National Development Investment is another major goal of the National Development Strategy.Strategy.

GUYANA GUYANA GUYANA GUYANA GUYANA GUYANA GUYANA GUYANA -------- Surviving & GrowingSurviving & GrowingSurviving & GrowingSurviving & GrowingSurviving & GrowingSurviving & GrowingSurviving & GrowingSurviving & Growing

This strategic approach, to develop an This strategic approach, to develop an open, open,

competitive, diversified and sustainablecompetitive, diversified and sustainable economy, has economy, has

enabled our country to survive and overcome many enabled our country to survive and overcome many

challenges in these times of uncertainty in the global challenges in these times of uncertainty in the global

economy. economy.

This resilience has encouraged more Guyanese, This resilience has encouraged more Guyanese,

including overseasincluding overseas--based Guyanese, and foreign based Guyanese, and foreign

investors investors from 24 countriesfrom 24 countriesfrom 24 countriesfrom 24 countriesfrom 24 countriesfrom 24 countriesfrom 24 countriesfrom 24 countries to take advantage of the to take advantage of the

many investment and trade opportunities in Guyana. many investment and trade opportunities in Guyana.

JOIN US!JOIN US!