Guyana’s digital, banking, telecom revamp golden opportunity for investors – Indian MP

…encourages Indian private sector to tap into Guyana’s booming economy

As Guyana undergoes rapid economic expansion, Indian Member of Parliament Dr Shashi Tharoor has called on Indian private sector firms to seize the emerging investment opportunities in the South American nation. Speaking during a media interactive session on Day two of the Indian Parliamentary Delegation visit to Guyana, Dr Tharoor highlighted the country’s focus on modernising critical infrastructure, particularly in banking, digital systems, and telecommunications.
Dr Tharoor noted that in his meeting with Vice President (VP) Dr Bharrat Jagdeo, significant emphasis was placed on the urgent need for revamping Guyana’s banking infrastructure, upgrading digital platforms, and enhancing telecom services—sectors in which India has undergone significant reforms in the past decade.

“The Indian Government is very conscious of Guyana’s needs and desires. And we are open in many respects for collaboration. It’s not just Governments, there are Indian private sector firms, which we are encouraging also to come and get involved in Guyana. I’d like to see very much more involvement because you are embarking on a great adventure. You are transforming your country, your infrastructure, your growth possibilities”.
“These are all sectors in which India, I’m pleased to say, has also gone through major reforms in the last decade. And therefore, there are a number of lessons learned and experiences we are quite willing to share,” Dr Tharoor said.
Beyond digital and banking modernisation, Dr Tharoor identified agriculture, water management, and climate change mitigation as additional sectors ripe for India-Guyana collaboration. These areas, he said, offer extensive opportunities for knowledge exchange and technological partnership.
The MP also pointed to the broader diplomatic engagement between the two countries. India’s Prime Minister Narendra Modi visited Guyana late last year, and External Affairs Minister Dr S. Jaishankar visited earlier, signaling India’s strong interest in deepening bilateral cooperation. “The Indian Government is very conscious of Guyana’s needs and desires, and we are open in many respects for collaboration,” Dr Tharoor assured.
“There are opportunities in agriculture. There are opportunities in dealing with aspects of water management, of climate change issues. There’s just so much going on…and I will say that we are very excited to hear the story of your growth and development. And certainly, we’d like to be a small part of your adventure”.
“There was even an open invitation for Indians not only to come and participate in projects but to bring Indian workers who are welcome to stay and work because they have a small population here, just about three quarters of a million people and for them labour shortages have already begun,” he added.