A European Investment Bank (EIB) delegation will visit Guyana from September 15-17 to explore opportunities for financing new projects in the country.
According to a press release from the European Union (EU) office here, the delegation will be led by EIB Vice President, Pim van Ballekom who, along with his colleagues, will discuss financing opportunities with senior government officials, private sector investors and project promoters with a view to providing loans to projects in the coming months.
The release quoted him as saying, “…We have already been in contact with the Guyanese government concerning projects in the renewable energy, transport and private sector development sectors and hope that our visit would help to kickstart further investments in Guyana soon.”
According to the release, the Head of the EU Delegation in Guyana, Jernej Videtič, speaking on the EIB’s visit said, “The EU Delegation in Guyana is delighted to welcome this important delegation from the European Investment Bank… The EIB support would complement existing EU cooperation with Guyana and help deepen the long-standing political and economic ties between Guyana and the EU.”
The EIB is the largest multilateral public bank in the world and 10% of its lending targets investments outside of the EU. It is owned directly by the 28 EU member states.
