French business delegation explores investment opportunities in Guyana
President Dr Irfaan Ali and a high-level Government team met with a delegation of French business leaders on Monday at the Office of the President.
Led by CEO of MEDEF International, Philippe Gautier France’s foremost private business network, the delegation comprised representatives from various sectors including agriculture, aviation, ICT, and infrastructure.
President Dr Iraan Ali meeting with the visiting delegation from France
According to a social media post by Office of the President, the discussions centered on expanding the French group’s interests in Guyana and exploring new avenues for investment. This meeting marks a significant step in strengthening economic ties between Guyana and France, leveraging opportunities across multiple industries crucial to both nations’ development agendas.
MEDEF International’s presence in Guyana is also tied to their participation in the Caribbean Investment Forum (CIF), scheduled from July 10-12, 2024, at the Arthur Chung Conference Centre. This forum aims to foster regional cooperation and attract foreign investment to Caribbean countries, including Guyana.
Following the meeting at the Office of the President, the French delegation was scheduled to hold follow-up discussions with relevant ministries in Guyana. The delegation’s interactions with key government officials underscore their commitment to exploring and potentially expanding their investments in the country.
Among those present at the meeting were Finance Minister, Dr Ashni Singh; Public Works Minister Bishop Juan Edghill; Natural Resources Minister, Vickram Bharrat; Tourism, Industry and Commerce Minister Oneidge Walrond, and Director of Presidential Affairs Marcia Nadir-Sharma.
President Ali expressed optimism about the prospects of enhanced collaboration with French businesses, emphasising Guyana’s strategic advantages and investment potential. He underscored the government’s commitment to creating an enabling environment for foreign investors, ensuring transparency, and promoting sustainable development across key sectors.
As discussions continue, both sides said that they look forward to exploring concrete investment opportunities that align with Guyana’s development priorities and contribute to its economic growth trajectory.
