With Guyana’s now globally known oil and gas sector continuing to attract the attention of governments and private sector entities scouting investment opportunities in the sector, the incentive to ‘seek out’ such opportunities now extends across continents with visiting delegations enthusiastically expressing interest in establishing business relations with the country across a broad swathe of sectors, some of these even outside the oil and gas sector.
Recently, the Georgetown Chamber of Commerce and Industry (GCCI) released information on its engagement with a delegation from a French entity, EVOLEN, an association of French energy companies and professionals on issues that included the visitors’ “scouting opportunities in Guyana” according to a release issued by the Chamber earlier this week. The primary focus of the visit, according to the release, was to cause the visiting delegation to acquire an enhanced understanding of the local investment landscape and to explore potential areas for possible investment partnerships. The visiting delegation met with Executive Members of the Georgetown Chamber of Commerce and Industry (GCCI) as well as the Chairman of the Trade and Investment Committee on November 21 where discourses ensued in keeping with their objective of understanding the local investment landscape and exploring potential areas for partnership and investment.
The EVOLEN representatives, according to information on the visit released by the Chamber, engaged senior representatives of the local Business Support Organization that included Senior Vice President, Mrs. Kathy Smith; Councilor and Executive Member, Mr. Richard Rambarran; Councilor and Executive Member; Mr. Timothy Tucker, and Councilor and Chairperson of the Trade and Investment Committee, Mr. Devon Seeram. The advent of Guyana’s oil and gas sector and the attendant attention that the local business sector has attracted globally has helped to illuminate the profile of the country’s Business Support Organizations, and by extension, to enhance their profiles within the global business community. The engagement was requested by the French entity in order to understand the vast opportunities emerging in Guyana’s rapidly growing energy sector and the investment strategies of key players in the country’s energy sector, according to the Chamber’s release.
