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FM
Former Member

Latin America and the Caribbean received a record US$173.361 billion of foreign direct investment (FDI) (6.7 per cent more than in 2011), despite an external context characterised by shrinking FDI flows worldwide, according to the United Nations Economic Commission for Latin America and the Caribbean (ECLAC).
The figures are attributable to the region’s steady economic growth, high prices for raw materials and the impressive returns on investments related to natural resource exploitation, according to the report Foreign Direct Investment in Latin America and the Caribbean 2012, which was launched at the commission’s headquarters in Santiago, Chile on Tuesday. Guyana earned some US$294 million – a 19 per cent increase from the previous year of US$247 million.


ECLAC predicts that this year’s FDI inflows to the region will range between a fall of three per cent and a rise of seven per cent. According to ECLAC Executive Secretary Alicia BÁrcena, “The foreign direct investment results attest to the good current performance of the Latin American economy. However, we see no clear signs of FDI making a relevant contribution to generating new sectors or creating activities with high technology content as changing the production structure as one of the main challenges facing the region.”
The report describes FDI as increasingly focused on the exploitation of natural resources, particularly in South America. Manufacturing represents a fairly low proportion of inward FDI (except in Brazil and Mexico). In addition, the profits of transnational enterprises operating in Latin America and the Caribbean (also known as FID income) grew fivefold in nine years, rising from US$20.425 billion in 2002 to US$113.067 billion in 2011.

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Originally Posted by BGurd_See:

This is exceptional growth considering the mo fiah slow fiahs incident spearheaded by afc/pnc in Linden and Agricola last year. 

Thank God for gold, right druggie because you cannot show what else is responsible.  The IMF says the mining sector and retail.  The latter reprsents a recycling of remittances and gold earnings as Guyana attracts few tourists, so this doesnt generate foreign exchnage earnings.

FM
Originally Posted by caribny:
Originally Posted by BGurd_See:

This is exceptional growth considering the mo fiah slow fiahs incident spearheaded by afc/pnc in Linden and Agricola last year. 

Thank God for gold, right druggie because you cannot show what else is responsible.  The IMF says the mining sector and retail.  The latter reprsents a recycling of remittances and gold earnings as Guyana attracts few tourists, so this doesnt generate foreign exchnage earnings.

ITEMVALUE CONTRIBUTION
 

          (US$'000)

          (%)  

Gold716,939.851.4
Rice & PADDY196,226.814.1
Bauxite150,781.610.8
Sugar132,147.49.5
Shrimp and Prawns48,394.43.5
Timber39,030.82.8
Prepared Foods24,053.81.7
Fish and By-Product15,510.41.1
Diamond8,176.20.6
Molasses6,158.50.4
Other Exports36,904.62.6
Re-Exports21,423.81.5
TOTAL1,395,748.1100.0

 

No doubt Gold is a major export but one 51% hahahah

FM

Give the Chinese another million hectares...investment! Check the productive capacity in the above table. Were we not bountiful in natures gifts we would be on the starvation list.

FM
Originally Posted by Conscience:

Guyana has been diversifying from the traditional crops,aquaculture and other crops have seen a sharp increase and is positively contribution to the country's GDP


Where is the diversification?  Guyana used to be sugar, bauxite, rice, timber and gold.  Now its gold, rice, bauxite, sugar and timber.

FM
Originally Posted by BGurd_See:
Originally Posted by Mr.T:

And don't forget drugs.

Correct, the AFC/PNC are the major producers to fund their campaign. ahahahah

Get outta here,No way! You're in neither of the two parties and yet you seem to have a bright business going.

cain
Originally Posted by cain:
Originally Posted by BGurd_See:
Originally Posted by Mr.T:

And don't forget drugs.

Correct, the AFC/PNC are the major producers to fund their campaign. ahahahah

Get outta here,No way! You're in neither of the two parties and yet you seem to have a bright business going.

Your family in the narc business have been allowing many white stuff to pass undetected. 

FM
Originally Posted by BGurd_See:
Originally Posted by cain:
Originally Posted by BGurd_See:
Originally Posted by Mr.T:

And don't forget drugs.

Correct, the AFC/PNC are the major producers to fund their campaign. ahahahah

Get outta here,No way! You're in neither of the two parties and yet you seem to have a bright business going.

Your family in the narc business have been allowing many white stuff to pass undetected. 

A-Ha, so you've been keeping it well camouflaged nowadays eh.

I'll have to tell them to keep an eye out for anything going to and from Guyana/US mailed out/received by one, Goads.

cain
Originally Posted by caribny:
Originally Posted by BGurd_See:

This is exceptional growth considering the mo fiah slow fiahs incident spearheaded by afc/pnc in Linden and Agricola last year. 

Thank God for gold, right druggie because you cannot show what else is responsible.  The IMF says the mining sector and retail.  The latter reprsents a recycling of remittances and gold earnings as Guyana attracts few tourists, so this doesnt generate foreign exchnage earnings.

I have to agree with you.  It's not the quality investment for strategic development.  But this is usually the case.  For external investors, sucking crude out of Saudi Arabia was good enough.  It was the Saudi Govt who added depth and breath with down-streaming and diversification.  The Gov'ts of Guyana, LATAM, etc need to follow that model.

FM
Originally Posted by baseman:
Originally Posted by caribny:
Originally Posted by BGurd_See:

This is exceptional growth considering the mo fiah slow fiahs incident spearheaded by afc/pnc in Linden and Agricola last year. 

Thank God for gold, right druggie because you cannot show what else is responsible.  The IMF says the mining sector and retail.  The latter reprsents a recycling of remittances and gold earnings as Guyana attracts few tourists, so this doesnt generate foreign exchnage earnings.

I have to agree with you.  It's not the quality investment for strategic development.  But this is usually the case.  For external investors, sucking crude out of Saudi Arabia was good enough.  It was the Saudi Govt who added depth and breath with down-streaming and diversification.  The Gov'ts of Guyana, LATAM, etc need to follow that model.


All the PPP is interested in stealing.  While Jamaica fights to ensure that Jamaicans find work in Chinese projects, training them if their skills are lacking the PPP tells Guyanese that they are too lazy so its OK if Chinese swamp Guyana.

 

I am sure that many of you have seen emails advertising Chinese timber projects in Guyana.  Whats interesting is the map of Guyana with Chinese writing all over it.

 

Between the Chinese and the Brazilians, Guyanese will soon have no option but to flee to Tdad if they want jobs.

FM
Originally Posted by caribny:
...

 

Between the Chinese and the Brazilians, Guyanese will soon have no option but to flee to Tdad if they want jobs.

Careful now, goadybhim gonna tell you that you're a racist with this remark.

cain
Originally Posted by caribny:
Originally Posted by baseman:
Originally Posted by caribny:

Thank God for gold, right druggie because you cannot show what else is responsible.  The IMF says the mining sector and retail.  The latter reprsents a recycling of remittances and gold earnings as Guyana attracts few tourists, so this doesnt generate foreign exchnage earnings.

I have to agree with you.  It's not the quality investment for strategic development.  But this is usually the case.  For external investors, sucking crude out of Saudi Arabia was good enough.  It was the Saudi Govt who added depth and breath with down-streaming and diversification.  The Gov'ts of Guyana, LATAM, etc need to follow that model.


All the PPP is interested in stealing.  While Jamaica fights to ensure that Jamaicans find work in Chinese projects, training them if their skills are lacking the PPP tells Guyanese that they are too lazy so its OK if Chinese swamp Guyana.

 

I am sure that many of you have seen emails advertising Chinese timber projects in Guyana.  Whats interesting is the map of Guyana with Chinese writing all over it.

 

Between the Chinese and the Brazilians, Guyanese will soon have no option but to flee to Tdad if they want jobs.

You go off the rail too fast.  Most 3rd world nations have to attract investors interested in natural resources.  The Govts should use the revenues generated to invest and add depth and breath to the local economy.  Investment in the people and encouraging locals to build a robust local economy and export other products and services must be a key imperative.

 

Don't go cussing the Govts for attracting investments which the expats are interested in.  You cannot attract them with something they are not interested in.

FM
Last edited by Former Member
Originally Posted by baseman:
 

You go off the rail to fast.  Most 3rd world nations have to attract investors interested in natural resources.  The Govts should use the revenues generated to invest and add depth and breath to the local economy.  Investment in the people and encouraging locals to build a robust local economy and export other products and services must be a key imperative.

 

Don't go cussing the Govts for attracting investments which the expats are interested in.  You cannot attracts them with something they are not interested in.


The difference is that govts which care about their people ensure that LOCALS get work and foreigners are only imported when none are available.

 

The PPP is quite content to have Chinese do wven laboring jobs while 15%-20% of Guyanese are unemployed.  Worse yet they have no plans to ensure that Guyanese obtain the training necessary.

 

So excuse the PPP while the Chinese print maps of Guyana with Chinese writing.  Just now they will tell you that Guyanese will not be hired as they dont know Mandarin......ooops they already say so.

 

All your corrupt PPP theives want is to be bribed and the Chinese regard this as a cost of operation in primitive 3rd world countries.

FM
Originally Posted by caribny:
Originally Posted by baseman:
 

You go off the rail to fast.  Most 3rd world nations have to attract investors interested in natural resources.  The Govts should use the revenues generated to invest and add depth and breath to the local economy.  Investment in the people and encouraging locals to build a robust local economy and export other products and services must be a key imperative.

 

Don't go cussing the Govts for attracting investments which the expats are interested in.  You cannot attracts them with something they are not interested in.


The difference is that govts which care about their people ensure that LOCALS get work and foreigners are only imported when none are available.

 

The PPP is quite content to have Chinese do wven laboring jobs while 15%-20% of Guyanese are unemployed.  Worse yet they have no plans to ensure that Guyanese obtain the training necessary.

 

So excuse the PPP while the Chinese print maps of Guyana with Chinese writing.  Just now they will tell you that Guyanese will not be hired as they dont know Mandarin......ooops they already say so.

 

All your corrupt PPP theives want is to be bribed and the Chinese regard this as a cost of operation in primitive 3rd world countries.

Nah bai, all I can say to you, come in from the cold.

FM

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