Guyana, UK Discuss Business Proposals, Investment Opportunities In Energy, Maritime, And Construction Sectors

• The Government of Guyana, led by President Dr. Irfaan Ali, and United Kingdom officials, recently discussed business proposals in various sectors that are currently under consideration.
• In a statement, the British High Commission said it recently concluded a productive visit by His Majesty’s Trade Commissioner (HMTC) for Latin America and the Caribbean, Jonathan Knott. During the visit, Knott met with President Ali to discuss United Kingdom-Guyana relations, focusing on business proposals currently under consideration by the Government of Guyana.
• According to the statement, those talks centred on investment opportunities in Guyana’s energy, maritime, and construction sectors, reinforcing the UK’s commitment to supporting Guyana’s development.
• Meanwhile, the UK delegation also engaged the British Chamber of Commerce, Private Sector Commission, Georgetown Chamber of Commerce & Industry, Georgetown Manufacturing & Services Association, the Women’s Chamber of Commerce and several other local business-support organisations to discuss opportunities for improved commercial relations and access to finance through UK Export Finance (UKEF) to support projects in Guyana.
• Earlier this year, UKEF increased its risk appetite from £750Mn to £2.1Bn to support both public and private sector projects in Guyana. “This visit underscored the UK’s strong business interest in Guyana and highlighted the enduring spirit of long-term partnership, knowledge transfer, and development,” the British High Commission said.

(Source: Guyana Chronicle)