“Follow the money” – Chief Investment Officer urges private sector to pay keen attention to Govt’s vision

Chief Investment Officer and Head of the Guyana Office for Investment (GO-Invest), Dr. Peter Ramsaroop, is encouraging private sector stakeholders to closely align with the five-year vision articulated by President Dr. Irfaan Ali and his administration, and to actively pursue emerging investment opportunities.

He noted that companies which aligned themselves with the government’s vision five years ago are now reaping the benefits of its successful implementation.

“If you follow where government was putting its money, you had now a great opportunity to invest and what we’ve seen happen over the last five years is that companies have taken that challenge and made it a reality,” Dr Ramsaroop outlined on Monday evening during his address at the Who’s Who In Business Magazine launch.

The Chief Investment Officer emphasised that the next five years will be another exciting time in Guyana’s history and the private sector should once again capitalise on the opportunities that will become available.

“When the President speaks about something simple like transport economics and you think of what that means and you think of port development and movement of goods and the road to Brazil and the deep port and aluminum plant, what does that bring? It brings a whole logistics sector that we’re now learning now to do, it brings the new maritime sector, how to transport goods, it brings manufacturing because we’re reducing energy in half in the next few months…,” Dr Ramsaroop explained, as he encouraged businesses to be innovative and resilient.

He further emphasised that when the President outlines priorities such as positioning Guyana as a hub for energy, climate change initiatives, and food security, the private sector must be strategic in identifying and pursuing the associated investment opportunities.

“Follow the money, you’re here to make money, you’re the private sector, government is here to enable, make sure the rules and regulations are in place, set the tone, make sure our services are digitised, make sure we see the future as quickly as you see it, and work together to make our economy of the greatest economies we will get to witness in the next five years,” he posited.