On the margins of the SelectUSA Investment Summit in Maryland, USA, Finance Minister Dr. Ashni Singh has led high-level discussions with American officials focused on shared economic priorities and opportunities to strengthen private sector partnerships.
Dr Singh, led the country’s first-ever delegation to the SelectUSA Investment Summit, which got underway in Maryland, United States from Sunday to Wednesday.
On the sidelines, he met with Deputy Assistant Secretary of Commerce for the Western Hemisphere in the United States Department of Commerce, Ms. Isabella Cascarano.
Discussion centered on ways in which the two countries can advance shared economic interests, with particular emphasis on fostering private sector partnerships, and identifying new investment and commercial opportunities. Both parties reaffirmed their commitment to creating a more resilient and diversified economic partnership between the two nations.
Dr Singh also met with Chief Policy Officer of the U.S. International Development Finance Corporation, Ms. Caroline Vik, and her team, where discussions focused on the potential role of the organisation in supporting Guyana’s development agenda, which is expected to unlock significant investment, including in infrastructure and energy infrastructure.
Dr Singh said he used the opportunity of the engagement to detail the Guyana Government’s priority projects, focusing on transforming the country into a regional logistics and industrial hub. This includes the development of the deep-water port at the Berbice River, the road link from Northern Brazil to Guyana’s Atlantic coast, and a major industrial complex powered by the Gas-to-Energy project.
The finance minister further met with the Vice President for the Americas Program at the United States (US) Chamber of Commerce, Ms. Anne McKinney, and several members of the Chamber.
The meeting was held in partnership with AmCham Guyana, a member of the US Chamber of Commerce.
During discussions, they outlined Guyana’s unprecedented economic trajectory and the vast opportunities for American businesses to participate in the nation’s non-oil diversification, noting that Guyana is open for business and welcomes partners in infrastructure, health, and technology amongst the many other sectors ripe with opportunities.
The Chamber expressed its commitment to providing support and technical insights to help attract and facilitate continued strong levels of private sector investment by US companies in the Guyanese economy.
The SelectUSA Investment Summit is hosted by the US Department of Commerce. It serves as a platform that connects investors, companies, economic development organisations, and industry experts to facilitate business investment in the US.
Guyana’s delegation included Senior Director of Investment at the Guyana Office for Investment (Go-Invest), John Edghill; Executive Director of the American Chamber of Commerce Guyana, Richard Leo; and private sector representatives from Beharry Holdings Inc., Banks DIH Holdings Inc., Citizens Bank Guyana Inc., Demerara Distillers Limited (DDL), DCSN Manufacturing Inc., Complete Medical Examinations Prep, and Harris Paints (Guyana) Ltd.
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