The Georgetown Chamber of Commerce & Industry (GCCI), a key private sector group in Guyana, signed a Memorandum of Understanding (MOU) with the South Louisiana Economic Council (SLEC) at the Annual Offshore Technology Conference in Houston, Texas. This move, it said, aims to foster collaboration that would benefit both their members.
The SLEC is a non-profit economic development agency whose primary purpose is to support regional economic development in the Bayou Region of Louisiana. As one of the eight officially designated strategic partners in the implementation of Louisiana’s economic development policies and programs, the SLEC plays a crucial role in promoting economic growth and development in the region.
GCCI is an influential business organisation that aims to foster trade and other economic relations between its members and other domestic and international partners. The MOU between the GCCI and SLEC is expected to provide an opportunity for both organisations to work together and explore new avenues for collaboration that could benefit their respective members.
The MOU provides a framework for cooperation, and it outlines the areas where the GCCI and SLEC can work together to promote economic growth and development. The MOU covers a wide range of topics, including trade, investment, tourism, education, and training.
One of the key objectives of the MOU is to provide opportunities for GCCI members to explore the potential of the Bayou Region for business investment and trade. The MOU is also expected to facilitate the exchange of information and knowledge between the two organisations, which could lead to new business opportunities and collaborations.