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BILATERAL CHAMBER | GUYANA

Guyana is a country of 787,000 people. Infrastructure is a priority for the government and President Irfaan Ali has committed to tapping the country’s sovereign wealth fund to invest in the country’s infrastructure. The government plans to build new hospitals, roads and highways, hotels, schools, and expand the airport, all in an effort to overhaul the economy. The government knows it cannot do this alone, which is why it stands ready to welcome U.S. businesses and investors.

Bilateral Chamber Signs MoU with Private Sector Commission

March 4, 2022 | Houston, Texas USA

The Bilateral Chamber of Commerce and the Private Sector Commission (PSC) have pledged to leverage their combined resources to strengthen economic relations between the United States and Guyana. The signing ceremony was witnessed by Guyana’s Minister of Natural Resources, H.E. Vickram Bharrat, T.H. Sarah-Ann Lynch, U.S. Ambassador to Guyana, ExxonMobil executives Dr. John Ardill and Alistair Routledge, and Dr. Peter Ramsaroop with GO-Invest Guyana. Additional event attendees included executives from leading energy, real estate, and technology companies. 

 

The two parties signed a Memorandum of Understanding during a ceremony in Houston on Wednesday, May 4, 2022.  The MOU promotes trade and investment across sectors, including infrastructure, healthcare, industry and education. The agreement, signed by Ms. Aida Araissi, Chief Executive Officer of the Bilateral Chamber, and Mr. Paul Cheong, Chairman of the PSC, was the fruit of the Bilateral Chamber’s first Trade Mission to Guyana in March 2022.

 

Ms. Araissi said, “we are proud to be ranked as a top producing contractor for the US Trade and Development Agency (USTDA). Our Bilateral Chamber and USTDA programs represent over US$100 billion dollars of exported U.S. goods, services, and advanced technologies and we’re looking forward to bringing that kind of expertise to Guyana, to grow the local content.” 

 

The Chamber and the PSC will work together in the coming months to organize more trade missions that bring together businesses from the U.S. and Guyana.   

   

Mr. Cheong said, “today is a historic day. We will work on building a partnership that members of both sides will be proud of. This is just the beginning”. Prior to the MoU signing, the Bilateral hosted a boardroom session featuring Guyana's Minister of Natural Resources, H.E. Vickram Bharrat, and the Deputy Assistant Secretary for Manufacturing, Dr. Monica Gorman. 
 

For 25 years, the Bilateral Chamber has leveraged its extensive resources and network to promote trade, investment, education and workforce training in emerging economies around the world.

For more information on the Task Force on Guyana or the Bilateral Chamber's Guyana initiatives and trade mission, contact Mr. Adrian Castillo at adrian@bilateralchamber.org

The Guyana Task Force promotes economic development in Guyana while facilitating business opportunities for the Bilateral Chamber’s member network and partners. The Task Force is composed of private and public sector leaders, representing government entities and diverse industries. Their counsel and expertise will help companies and organizations navigate the business landscape in this rapidly changing market. 

Guyana Task Force Committee

Jeffrey Van Putten

Managing Partner
Bancroft Guyana Investment Group

Coming soon

Paul Cheong

Chairman
Private Sector Commission of Guyana

Coming soon

Tina Beharry

Chief Executive Officer
HAB International Inc.

Coming soon

Seth Persaud

Investment Officer
Guyana Office of Investment (GO-Invest)
Office of the President

Jeffrey Williamson

Director
California State Trade Expansion

Coming soon

Agustin Arellano

President & CEO
HAS Development Corporation

Coming soon

Faizal Khan

Chief Executive Officer
GKB Industries Inc.

Coming soon

March 20-23, 2022 | Georgetown, Guyana

The Chamber led a trade delegation from the United States to Guyana. The three-day trip brought together multiple business sectors from the U.S. with government officials and local business leaders.

March 2022 Trade Mission to Guyana

November 14-18, 2023 | Georgetown, Guyana

The Bilateral Chamber, in partnership with Louisiana District Export Council (LDEC), U.S. Embassy in Georgetown and U.S. Commercial Service Louisiana District Export Council (LDEC) brought a diverse delegation to Guyana. 

More details to come

2022 Guyana Trade Mission with U.S. Commercial Service Louisiana 

Related Events

GUYANA

11.3bn

Barrels of Proven Oil Reserves

5

Guyana is among top five fastest growing economies

25.1%

Projected GDP growth in 2023

787,000

Population of Guyana 

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