Press Release – Investment team from Dubai calls on Natural Resources Minister

-areas of investment and collaboration discussed

A high-level team from the Private Office of His Highness Sheikh Ahmed Dalmook Al Maktoum, member of the ruling family of Dubai paid a courtesy call on Natural Resources Minister, Hon. Vickram Bharrat to seek and discuss investment opportunities, and strengthen collaboration with Guyana.

The team which included Mr. Patricio Balmaceda and Mr. Gaspar Lino expressed an interest not only in the oil and gas sector but also in mining, forestry, and agriculture. As such, the team over the next few days will be meeting with other senior government functionaries and stakeholders for a more informed assessment of their investment interests.

Minister Bharrat during his engagement with the investors stated that Guyana is open for business and is hoping to diversify and strengthen the country’s traditional sectors. He pointed out that the government will not depend solely on the country’s oil and gas resources. Further, the Natural Resources Minister outlined opportunities available within the mining and forest sectors for development and value-added activities.

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October 31, 2020

 

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