Guyana, Jamaica strengthen business and investment ties

Guyana and Jamaica continue to strengthen business and investment relations through a fourth export and investment mission titled “Doing Business in Guyana.”
The business ministerial mission, which was hosted yesterday and today, featured collaborative exchanges between Jamaica’s Ministry of Industry, Investment and Commerce (MIIC) and the Jamaica Promotions Corporation (JAMPRO), and Guyanese officials during meetings at the Guyana Marriott Hotel.
The Jamaican delegation included twenty-three companies across multiple sectors, seeking to engage, connect, and pursue business development opportunities in Guyana, as the mission aims to create and enhance strategic partnerships between both countries.
Delivering remarks at the welcome session yesterday, JAMPRO’s Vice President of Exports, Sonja Linton, said the mission has strengthened over the years with increasing response from Jamaica’s private sector.
“On each occasion, the momentum has grown stronger and conversions have increasingly materialised…the level of commitment we’ve seen is truly a testament to the entrepreneurs and the genuine opportunities that exist between Jamaica and Guyana. The mission isn’t just about selling products or services, it is about building long-term relationships,” she said.
Linton said she was optimistic that the missions are planting seeds for the future which will grow into something impactful for both countries.
“The first mission for the year, and one that sets the tone for what the ministry and JAMPRO anticipates will be a dynamic year of regional business development and collaboration, as we do business together,” she noted.
Chief Investment Officer and Agency Head of the Guyana Office for Investment (GO-Invest), Dr. Peter Ramsaroop, gave practical insights into Guyana’s business and investment landscape, highlighting prospects for manufacturing, technology, and other sectors.
“When you combine those components, Guyana is on the verge of a path that probably has not been seen around the world in recent times. We probably are the last frontier of development that will take place within the region and within the world,” he said.
Dr. Ramsaroop said the opportunities between the two countries are endless.
“We are automating, digitisation across the board, government services. We are looking for large partners, we’re automating the healthcare system right now, government is on the move. But what is missing is a lot of our private sector companies are behind on the technology side. So, don’t just look at work in the government sector. There’s significant opportunities in the private sector,” he told the delegation.
Meanwhile, Jamaica’s Minister of Industry, Investment and Commerce, Senator Aubyn Hill, in his remarks, pointed to significant growth in Guyana’s gross domestic product in recent years, noting that Jamaican businesses have already started investing.
“I’m just happy that we are here, not just to get business in Guyana, but to invest in Guyana…I’ve brought contractors—some of our biggest ones have been here, I’ve brought people who do aggregate, we’ve brought people who are in the health sector, lots of MSMEs and business people,” he said.
The interactions concluded with ministerial addresses and B2B meetings. A networking cocktail will be held tonight.