At least five a week. That is the number of expressions of interest the Guyana Office for Investment (Go-Invest) receives about the local Oil and Gas Industry.
Chief Executive Officer of Go-Invest Owen Verwey shared at the agency’s end-of-year press conference on Monday that the agency has processed 120 Investment Agreements in 2017, a large number of which related to service provision for the Oil and Gas Industry.
Verwey explained that Go-Invest does not get directly involved in an extractive industry since that is managed by Ministry of Natural Resources but the other supporting activities is where Go-Invest will support government and businesses particularly in the area of logistics.