The 4th edition of the Guyana Energy Conference, which now includes a Supply Chain component, got underway at the Marriott Hotel in Georgetown this morning, offering a blend of excitement beyond oil and gas.
In his keynote address, President of Guyana, Dr. Mohamed Irfaan Ali, said partnerships are integral to Guyana’s emergence as a significant player in the global economy. He pointed out that local participation in investments, in particular, is key to government’s vision for shared prosperity.
“We want our partners to win with us,” Ali said.
He reminded that Guyana is laying the foundation for its development by focusing on its human capital, to compete at every level.
“We’re doing this not only by laying policies alone, we’re doing this by important strategic investment, we’re doing this by investment that straddles various sectors, all of which are critical to the development of our economy,” Ali pointed out.
In her address, GEC’s Chief Executive Officer, Kiana Wilburg said the event is more than just knowledge sharing; it’s an event to push local content and also advocate for innovate investments in Guyana, one of the fastest growing economies in recent years.
She outlined just how attractive Guyana is, for investment.
“It [Guyana] is one of the most resource rich nations in the region. It offers highly competitive fiscal incentives for investments. Operational costs are low, and the government is also pro-business,” Wilburg stated.
Running alongside GEC is a Conference Village, a platform to showcase Guyana’s agricultural products and potential investments. There is also a Taste of Guyana event. Over 200 companies in the oil and gas sector are participating in the signature event.
