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Gov’t lauded for creating investor-friendly environment

─ as oil and gas machining, repairs company opens The People’s Progressive Party/Civic (PPP/C) Government has received high commendation for fashioning an attractive environment for both local and international investors. Chief Executive Officer (CEO) of NTS Group, Paul McMillen thanked His Excellency, Dr. Mohamed Irfaan Ali and his government for creating such an enabling environment. […]

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Govt developing diaspora database to match skills with labour market

Foreign Secretary of the Ministry of the Foreign Affairs and International Cooperation, Robert Persaud, said the ministry is developing a diaspora database that will match the skills of Guyanese abroad to the needs of the job market locally. Persaud was speaking at the four-day International Energy Conference and Expo at the Marriott Hotel, Kingston, Georgetown […]

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Renowned Ghanian oil expert sees value in training Guyanese, not providing cash transfers

A Ghanian oil expert and industry veteran is advising Guyana not to go in the direction of cash transfers as some Guyanese are suggesting, arguing instead for training of the population to give them better access to wealth. “I don’t believe in subsidies and giving people cash. You have to work for it. I would […]

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Go invest signs Mou with Invest Barbados, Export Barbados

The Guyana Office for Investment (Go-Invest), Invest Barbados and Export Barbados on Tuesday signed a Memorandum of Understanding (MoU) aimed at boosting and promoting investment opportunities and interrelated business approaches between the two countries. The signing took place on the sideline of the International Energy Conference and Expo 2022, ongoing at the Marriott hotel, Georgetown. CEO […]

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EU commits funding to aid Guyana’s fight against climate change

European Union (EU) Ambassador to Guyana, Fernando Ponz Cantó, said the EU is committed to assisting Guyana in the fight against climate change. Ambassador Cantó said the EU recognises that Guyana is threatened by the rising sea levels, and has over the years, invested to enhance the country’s sea and river defence capacity. This commitment […]

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$7B investment could bring 500 jobs to Enmore, other communities

President, Dr. Mohamed Irfaan Ali has hailed the $7 billion (US $35 million) investment by GUYSONS and K+B Investments Inc. (GK+B) at Enmore village, East Coast Demerara, which will create over 500 jobs for villagers and communities along the east coast corridor. The company will be establishing oil field manufacturing facilities at the former Enmore […]

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Guyana must become the hub for fabrication, machining services for the region – President Ali

—Says Guysons/K&B joint venture more than just an investment in Guyana His Excellency Dr. Irfaan Ali said that Guyana must become the hub for fabrication and machining services for the region while pointing to the many untapped opportunities for growth in the industry. The Head of State made this assertion today during a press event […]

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Guyana becoming major energy player – Minister Bharrat

In his debut address to the International Energy Conference and Expo-Guyana’s largest energy expo ever-Minister of Natural Resources, Vickram Bharrat expressed confidence about Guyana’s ability to become the energy capital of the region. Such an ambitious goal will become a reality, the minister pointed out, when the natural gas from the prolific Stabroek Block is […]

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Govt will ensure every Guyanese benefits from the country’s wealth -VP Jagdeo

Vice President, Dr. Bharrat Jagdeo said the PPP/C Government, is ensuring sustainability in Guyana by guaranteeing that everyone ultimately benefits from the proceeds of the oil and gas industry here. He made the comments during a webinar on the second day of the International Energy Conference and Expo at Marriott Hotel, Kingston on Wednesday.  Presenting […]

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