Brazilian delegation explores investment opportunities in manufacturing, energy, mining & tourism

A Brazilian business mission is exploring investment opportunities in Guyana in areas such as manufacturing, energy, mining and tourism.

According to a statement from the Guyana Office for Investment (Go-Invest), it recently engaged with the visiting delegation on procedures for setting up business operations in the country.

The session, held at the Royal International Hotel, was facilitated by Prestige Management Consultants Inc (PMC), led by CEO Anita Ramprasad, in collaboration with Brazilian advisory firm Credere, headed by CEO Ilaine Henz.

Leading the discussions on behalf of the Go-Invest were Senior Director of Investment, John Edghill and Director of Investment, Leanna Damond, who provided detailed guidance on Guyana’s investment climate, regulatory framework, and market entry processes for foreign investors.

Discussions focused on practical entry pathways for Brazilian companies, including company incorporation, banking requirements, immigration processes, tax incentives, and access to land for manufacturing and agriculture.

Damond emphasised that the agency plays a critical role in guiding investors, facilitating approvals, and recommending incentives to relevant government bodies where projects demonstrated strong economic and social impact.

Particular attention was given to Guyana’s preference for in-country production rather than simple importation. Investors were encouraged to consider manufacturing, agro-processing, energy, mining, tourism, and water-related projects, sectors identified as having high growth potential under the government’s Vision 2030 framework.

In this context, detailed discussions were also held on the Local Content Act and its implications for foreign investors.

The delegation was advised on the importance of partnering for success with the local private sector across various fields and engaging members of Guyana’s business support organisations to ensure effective deployment of their investments within the local economy.

Banking and financial access also emerged as a key topic, with discussions highlighting the need for proper documentation, the distinction between resident and non-resident accounts, and the reality that foreign investors largely self-finance their ventures.

The strategic value of local partnerships was underscored as a practical advantage for navigating Guyana’s business environment, culture, and operational processes, while strengthening alignment with national development priorities.

Also present was Antonio Da Silva, CEO of Conformity, who attended as a businessman operating in Guyana and met with the visiting team.

The delegation also received guidance on cooperative structures, customs procedures, import licensing, and the importance of engaging qualified legal and financial advisors when establishing operations.

Damond reiterated that GO-Invest’s advisory services were provided free of charge and were designed to support investors through each stage of the investment journey.

Meanwhile, the Brazilian delegation comprised companies from diverse sectors, including Decor Roraima Indústria e Comércio Ltda, Audácia Eletrônicos, Price Construções Ltda, Yelli Publicidade Ltda, J K Celular, Fascinante, Cooperativa Agropecuária de Roraima (Cooper Carne), Coopertan, COPARR – Aquaculture Cooperative, Visual Tintas, and Comercial Ferronorte Ltda.

According to Go-Invest, the engagement marked a significant step in strengthening Guyana–Brazil private-sector collaboration, laying the groundwork for future partnerships, technology transfer, and long-term investment aligned with Guyana’s national development priorities.