Local News

‘Opportunity does not wait’ – Dr Ramsaroop tells investors at Energy Conference

19 February 2026
This content originally appeared on INews Guyana.
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Chief Investment Officer Dr Peter Ramsaroop

Guyana continues to demonstrate measurable economic transformation, marked by record levels of non-oil investment, rapid private sector expansion, and sustained national development under the visionary leadership of President Dr. Mohamed Irfaan Ali.

This is according to Chief Investment Officer Dr Peter Ramsaroop while speaking at the Guyana Energy Conference and Supply Chain Expo.

“If you were here in 2021 and you’re back today and you don’t have work in Guyana, you missed the boat completely,” Ramsaroop stated, underscoring the breadth of opportunities created through decisive leadership and sustained policy implementation.

He emphasised that Guyana’s advancement is not theoretical, but tangible and measurable.

“Guyana is no longer a future story. It is a performance story, defined by execution, investor confidence, and broad-based growth across multiple sectors.”

Since 2020, Guyana has facilitated and positioned more than G$1 trillion in non-oil investment, accelerating diversification across agriculture, manufacturing, logistics, construction, ICT, services, and export-oriented industries.

Budget 2026 strengthens this trajectory through accelerated infrastructure development nationwide; expanded tax-free agriculture under the Food Dominance strategy; enhanced incentives for manufacturing and agro-processing; and expanded logistics, energy, and connectivity projects supporting national productivity.

“We are not simply diversifying. We are modernising existing industries while building entirely new ones. Oil is accelerating transformation, not defining it,” Ramsaroop noted.

“Agriculture in Guyana is no longer subsistence-based. It is structured capital deployment supported by strong policy, infrastructure, and export access,” Ramsaroop stated.

A central pillar of Guyana’s transformation is the strength and expansion of its domestic private sector. Guyanese-owned businesses across manufacturing, agro-processing, logistics, construction, aviation services, ICT, and professional services are expanding at unprecedented levels.

Local entrepreneurs and members of the Guyanese diaspora continue to demonstrate strong confidence in the country’s economic direction, reinforcing the Government’s One Guyana vision of inclusive and broad-based prosperity.

“One Guyana means one economy, driven by our people, strengthened by our private sector, and supported by leadership committed to ensuring prosperity reaches every region and community,” Ramsaroop said.

“Performance does not happen by chance. It is the result of vision, planning, discipline, and execution. Vision 2030 is not a slogan, it is a national blueprint delivering measurable results,” Ramsaroop affirmed.

He noted that Guyana remains open for investment, now positioned as a competitive, high-growth economy built on confidence, stability, and delivery.

“The ship has left port. The next phase of growth toward 2030 and beyond is already underway.”

In closing, Ramsaroop emphasised that Guyana’s transformation reflects decisive leadership, disciplined policy execution, and the resilience and ambition of its people. As the country advances toward Vision 2030, it is steadily building a diversified, modern, and inclusive economy, powered by private sector growth and strengthened by national unity.

“Opportunity does not wait. Guyana has moved from promise to performance, powered by our private sector and united as One Guyana. Those who act now will help shape the future that is already being built.”


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