State, private sector officials being ‘prepped’ for July Caribbean Investment forum

Dr. Peter Ramsaroop

If there remains an acute recognition that, in terms of facilities associated with international gatherings, Guyana still lags behind many of its Caricom counterparts, the republic’s bona fides as the region’s now fastest growing economy has made it the current choice of destinations in the region for the hosting of major international conferences on regional and international business issues. That is mainly the country’s credentials as a ‘bright star’ as the global oil and gas industry has turned the country into a magnet for international gatherings that has to do with business issues.

This, notwithstanding the country’s patent deficiency in terms of facilities suitable for such salubrious gatherings. Hence, the country’s oil and gas ‘summits’, designed primarily to attract potential investors to investment opportunities that extend beyond oil and gas, are usually ‘hosted’ by the country’s two best-appointed hotels, the Pegasus and the Marriott. Beyond that, there is usually no great eagerness on the part of attendees at these gatherings to encounter the congestion and, these days, increasingly, the chaos of the country’s capital, George-town.