The Guyanese government is seeking proposals from potential partners for a review of the Field Development Plan (FDP) drawn up for Yellowtail – Guyana’s fourth petroleum oil development in recent years as the Caribbean nation emerges as a major oil producing country. In a recently published Request for Proposals, Guyana’s Ministry of Natural Resources “invites …
Guyana Seeks Partner to Review Yellowtail Oil Project Read More »
There is a “dire need” for more hotels in Guyana, according to the country’s tourism minister, who says demand for rooms already outstrips supply despite the government’s plan to bolster visitor numbers amid an economic boom. The news will be of significant interest to investors in the tourism sector who are seeking opportunities in Latin …
‘Dire Need’ for More Hotels in Guyana: Tourism Minister Read More »
Doing business in Guyana is an increasingly attractive prospect for foreign investors following years of rapid economic growth, with numerous opportunities available and the country set to enjoy the highest growth in Latin America and the Caribbean in 2021 and 2022. The process to register a business in Guyana involves seven key steps, as outlined …
In a highly positive sign for Latin America business and investment, the UN’s Economic Commission for Latin America and the Caribbean (ECLAC) has significantly raised its predictions for growth in the region during 2021, offering a strong indication of economic reactivation in the wake of the global pandemic. According to a newly released report from …
Latin America Business: 2021 Growth Predictions Jump Read More »
Guyana has experienced significant growth since the turn of the century and has emerged as a major oil producer in recent years. That has made it of increasing interest to investors, with a variety of business opportunities in Guyana to be found. While much of the world experienced economic standstill during 2020 in the face …