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The tourism sector in Guyana is set to expand with the establishment of Telztar Suites, a 28-room modern hotel in Port Kaituma, North West District.
Facilitated by the Guyana Office for Investment, this project marks the first major hospitality investment in Region One, aiming to enhance accommodation options and promote economic growth.
Located at 166 Turn Basin, Telztar Suites will offer state-of-the-art amenities and is expected to generate 25 jobs across management, professional, supervisory, skilled, and semi-skilled roles.
The investment contributes to Guyana’s goal of surpassing 2,500 luxury hotel rooms by 2025.
During the signing of the Investment Agreement on Friday, Chief Investment Officer and Agency Head of the Guyana Office for Investment, Dr. Peter Ramsaroop, hailed the project as commendable.
He highlighted its role in strengthening the local hospitality sector and encouraged Telztar Suites Inc. Director, Kenwin Charles, to explore eco-tourism opportunities to further develop the region’s tourism potential.
The investment aligns with the government’s ongoing efforts to expand the tourism and hospitality sector nationwide.
Chief Investment Officer, Dr Peter Ramsaroop listens to Telztar Suites Inc Director, Kenwin Charles during the signing of the Investment Agreement on Friday