GO-Invest to lead Guyana delegation to 9th India-LAC Conclave

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Dr. Peter Ramsaroop, Chief Investment Officer and Head of the Guyana Office for Investment (Go-Invest) is set to lead a robust delegation to the ninth India-Latin America and Caribbean (LAC) Conclave on the 3rd and 4th of August 2023 in New Delhi, India. This Guyanese delegation, featuring influential leaders from various sectors of Guyana’s business community, is expected to market Guyana as a prime investment destination.

Since its inception in 2007, the India-LAC Conclave has evolved into one of the largest forums for senior ministers, policymakers, and business leaders from the LAC Region and India. The platform facilitates discourse across sectors, shaping policy dialogues that enhance business engagement between India and the LAC region. 

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As India seeks to intensify its engagement with the LAC region, the Conclave will deliberate on strategies to strengthen regional partnerships and increase global value chain integration. The focus will be on enhancing trade and investment opportunities across sectors such as chemicals, engineering, agriculture, IT & electronics, and energy. 

The two-day conclave is set to be a powerhouse of engagement, featuring thematic sessions, regional cooperation sessions, B2B meetings, factory visits, and investor roundtables.

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The two-day event will also feature a Reverse Buyer Seller Meet (RBSM) for the Indian engineering sector. The Engineering Export Promotion Council (EEPC), established under the Indian Department of Commerce, will steer this initiative. It will concentrate on product sectors like subcontracting, motor vehicles, automotive components, electricals, industrial machinery, and equipment.

In this context, Dr. Ramsaroop and his delegation are poised to leverage the significant upswing in Guyana’s economic prospects, primarily fuelled by the recent oil boom. The energy sector’s expansion, in particular, has dramatically enhanced the country’s investment appeal and positions the Guyana delegation to further amplify Guyana’s visibility as an attractive investment hotspot on the global stage.

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