With successive oil finds incrementally enhancing Guyana’s portfolio as the new investment haven, external perceptions of the country as the owner of one of the more sluggish economies in the Caribbean have disappeared, virtually overnight, to be replaced with the image of a country with overwhelming investment potential.
Earlier this week reports surfaced in the region that yet another expatriate company has moved to put down roots in the business community here. On Monday, it was reported that the Yoni Epstein-run itel, a customer experience provider headquartered in Montego Bay, Jamaica, had disclosed its acquisition of Emerge BPO, a business process outsourcer in Guyana.
The development follows on the heels of an earlier announcement by the company of its plans to enter into the Guyana market simultaneously with several other expatriate companies that had either arrived in Guyana or were heading here to seek out such benefits as they could find from an economy that appears set to be driven by a considerable oil fortune in the future.
Guyana and Honduras, the second current target for investment by the company will reportedly share seven hundred (700) new staff members across their respective operations.
