–Ground-breaking ‘investment conference’ to foster closer economic ties between Guyana, the diaspora
By Navendra Seoraj in New York
June 4, 2016 Source
THE objective is to foster closer economic ties between Guyana and its diaspora, and that is exactly what the 100-odd participants will set out to do when the first ever conference of its kind is held next Friday.Billed for the Harvard Club of New York City in mid-town Manhattan, the event, loosely titled the Guyana Investment Conference, will bring together Guyana’s leadership, the business community, corporate leaders and investors to explore the exciting investment opportunities in Guyana’s expanding economy.
Among Government officials slated to be in attendance are President David Granger; Prime Minister Moses Nagamootoo; Minister of Public Telecommunication and Tourism, Catherine Hughes; and Minister of Public Infrastructure, David Patterson.
As Salaudeen Nausrudeen, one of the organisers, told the Guyana Chronicle by telephone, the idea of hosting a forum of this nature came about from seeing that Guyana means business.
“The Guyana Investment Conference was organised as part of the 50th Anniversary activities in New York, and will fundamentally address the need for deeper engagement and an effective pathway between Guyana and the rest of the world, including the diaspora,” Nausrudeen said.
“One of the major results of this conference would be to see GO-Invest and the Ministry of Business build alliances with companies which can promote, nurture, and drive investment into Guyana,” he added.
Evidence that Guyana was, as never before, ready for business, Nausrudeen said, was the success of last year’s ‘business expo’ as well as this year’s GuyExpo, which saw a host of entrepreneurs, organisations and even small businesses showcasing their drive for investment and commercial development.
OPTIMISTIC
He is optimistic that the idea will fly, as the whole purpose of the conference is to provide a platform whereon the diaspora can work closely with entities to promote and nurture business in Guyana.
He noted that the conference will cover various investment opportunities, key sector profiles, incentives, regulations, services of GO-Invest, and the enabling macro-environment, while also featuring networking sessions where investors, consultants, executives, finance specialists and decision makers can interact and network.
The first to admit it will not all be plain sailing, Nausrudeen said: “The road to make Guyana attractive and ready is rocky, but the conference embraces both the opportunities and challenges.”
The day-long conference will also provide a forum for potential investors who are looking at Guyana, with time for one-on-one with ministers and GO-Invest executives. Investors are therefore each being encouraged to bring an executive summary and overview of their investment plans.
According to Nausrudeen, “This is not a GO-Invest conference, but one crafted by private and business individuals in the USA who will help to build a pipeline for investment in Guyana while working closely with the Government of Guyana to build alliances with not just the two countries, but also other foreign entities.”
Hence the approximately 125 or so participants will engage in deliberations with President Granger and other members of the high-level Government delegation at the conference.
Nausrudeen said that during the deliberations, talks will include means by which Guyana can be made attractive
–Ground-breaking ‘investment conference’ to foster closer economic ties between Guyana, the diaspora
By Navendra Seoraj in New York
THE objective is to foster closer economic ties between Guyana and its diaspora, and that is exactly what the 100-odd participants will set out to do when the first ever conference of its kind is held next Friday.Billed for the Harvard Club of New York City in mid-town Manhattan, the event, loosely titled the Guyana Investment Conference, will bring together Guyana’s leadership, the business community, corporate leaders and investors to explore the exciting investment opportunities in Guyana’s expanding economy.
Among Government officials slated to be in attendance are President David Granger; Prime Minister Moses Nagamootoo; Minister of Public Telecommunication and Tourism, Catherine Hughes; and Minister of Public Infrastructure, David Patterson.
As Salaudeen Nausrudeen, one of the organisers, told the Guyana Chronicle by telephone, the idea of hosting a forum of this nature came about from seeing that Guyana means business.
“The Guyana Investment Conference was organised as part of the 50th Anniversary activities in New York, and will fundamentally address the need for deeper engagement and an effective pathway between Guyana and the rest of the world, including the diaspora,” Nausrudeen said.
“One of the major results of this conference would be to see GO-Invest and the Ministry of Business build alliances with companies which can promote, nurture, and drive investment into Guyana,” he added.
Evidence that Guyana was, as never before, ready for business, Nausrudeen said, was the success of last year’s ‘business expo’ as well as this year’s GuyExpo, which saw a host of entrepreneurs, organisations and even small businesses showcasing their drive for investment and commercial development.
OPTIMISTIC
He is optimistic that the idea will fly, as the whole purpose of the conference is to provide a platform whereon the diaspora can work closely with entities to promote and nurture business in Guyana.
He noted that the conference will cover various investment opportunities, key sector profiles, incentives, regulations, services of GO-Invest, and the enabling macro-environment, while also featuring networking sessions where investors, consultants, executives, finance specialists and decision makers can interact and network.
The first to admit it will not all be plain sailing, Nausrudeen said: “The road to make Guyana attractive and ready is rocky, but the conference embraces both the opportunities and challenges.”
The day-long conference will also provide a forum for potential investors who are looking at Guyana, with time for one-on-one with ministers and GO-Invest executives. Investors are therefore each being encouraged to bring an executive summary and overview of their investment plans.
According to Nausrudeen, “This is not a GO-Invest conference, but one crafted by private and business individuals in the USA who will help to build a pipeline for investment in Guyana while working closely with the Government of Guyana to build alliances with not just the two countries, but also other foreign entities.”
Hence the approximately 125 or so participants will engage in deliberations with President Granger and other members of the high-level Government delegation at the conference.
Nausrudeen said that during the deliberations, talks will include means by which Guyana can be made attractive and ready for business, in spite of the many challenges that will arise from time to time.
Doing business in Guyana is reportedly now easier with the implementation of comprehensive invest policies to deliver higher efficiencies, responsiveness, and services to investors.
And according to the pundits, opportunities abound in the rich and vast land of Guyana; now is the best time for investors.
By the year 2030, Guyana is expected to be the primary investor destination in the region, featuring a well-diversified economy.
The Government of Guyana and the Ministry of Business are already making the necessary adjustments to implement easy investment-friendly policies to support this vision.
and ready for business, in spite of the many challenges that will arise from time to time.
Doing business in Guyana is reportedly now easier with the implementation of comprehensive invest policies to deliver higher efficiencies, responsiveness, and services to investors.
And according to the pundits, opportunities abound in the rich and vast land of Guyana; now is the best time for investors.
By the year 2030, Guyana is expected to be the primary investor destination in the region, featuring a well-diversified economy.
The Government of Guyana and the Ministry of Business are already making the necessary adjustments to implement easy investment-friendly policies to support this vision.
This is not funny given how desperately this gov't is focusing on getting money out of people's pockets instead of providing incentives for them to conduct more commerce. Backward gov't. with outdated policies that have been tried and failed.