Caribbean Export Development Agency has announced that Guyana will host the 2024 Caribbean Investment Forum.
The Caribbean Investment Forum (CIF) is one of the largest gatherings of business leaders in the Caribbean and focuses on promoting investments in the Region.
Tourism, Industry, and Commerce Minister Oneidge Walrond attended the two-day forum, where the announcement was made.
Minister of Tourism, Industry, and Commerce Oneidge Walrond at this year’s Caribbean Investment Forum
This year, the forum attracted over 500 business delegates representing 40 countries and was held at the Atlantis Resort by the Caribbean Export Development Agency (Caribbean Export) with the support of the Government of the Bahamas, Caricom, the Caribbean Development Bank, and the European Union’s Global Gateway Initiative.
During the event, Minister Walrond spoke about ongoing efforts in Guyana to diversify the economy beyond oil. She outlined how oil resources are used to grow and support other sectors including agriculture and ICT and said the IMF, in a recent country report, praised Guyana for its efforts and “lauded it as a model for development”.
The forum focused on four key areas: agricultural technology, renewable energy, ICT digital business, FINTECH, and logistics and transport, which were identified as having the potential to transform the Caribbean Region.
The two-day forum included investment villages, workshops, and roundtables focusing on the various key areas. During the ministerial roundtable, Minister Walrond discussed investments in fibre-optic infrastructure to boost growth in the ICT sector and digital Government services.
