“It’s a symbol of confidence in our city’s future” – Georgetown Mayor

…as World Trade Centre opens

Mayor of Georgetown, Alfred Mentore on Friday lauded the official opening of the World Trade Centre in Georgetown (WTCG) as a landmark achievement in the city’s developmental journey. He described it as a transformative milestone that not only marks a new chapter in the capital’s economic and infrastructural advancement but also highlights the city’s immense untapped potential.
According to Mayor Mentore, the establishment of the WTCG signals a gateway to increased global connectivity, trade facilitation, and investment opportunities, positioning Georgetown as a growing hub for international business and innovation. He emphasised that this development reflects the city’s readiness to embrace modernisation and economic diversification, while offering a plethora of opportunities for local entrepreneurs, investors, and citizens to thrive in a dynamic, forward-looking environment.
“This building is far more than a new addition to the city’s skyline. It’s a symbol of confidence in our city’s future, a bold celebration that Georgetown is open for business, ready for global engagement, and committed to sustainable growth. It reflects the kind of visionary investment that will help position Georgetown and by extension Guyana as a more modern hub for commerce, trade, and innovation in the region and beyond,” he noted.
The Mayor highlighted that the newly established WTCG will serve as a vital conduit for international trade and investment, creating meaningful connections between Guyana and previously untapped global markets. He emphasised that the facility is poised to enhance economic engagement by providing a platform for local businesses to access international opportunities and partnerships.
Moreover, Mayor Mentore noted that the WTCG will stand as a critical pillar in shaping Georgetown’s future civic and economic stature—solidifying the city’s role as a rising centre for commerce, diplomacy, and innovation in the Caribbean and beyond.
“It also sends a clear signal that Georgetown is open for business not just regionally but on the world and international stage. Beyond commerce, this facility will serve to elevate the civic and economic stature of our capital. It will also support local businesses, attract multinational corporations.”
Located on High Street in Georgetown, the WTCG – the first of its kind in the CARICOM region – is a state-of-the-art multi-storey building that is outfitted with advanced technologies, integrated security systems and other environmentally friendly features – all aimed at providing a modern commercial space that is critically needed in Guyana’s rapidly growing economy.
In fact, Chairman of Demerara Distillers Limited (DDL), Komal Samaroo, disclosed during the opening ceremony that since acquiring the licence for the WTCG in March 2022, extensive work has been undertaken to promote Guyana and its investment opportunities at major international forums.
WTCG has since signed Memorandums of Understanding (MoU) with several sister centres in Panama, India and the United States (US) for collaboration in areas such as information exchange, regulation and market access, business training and exchange of trade missions. Under this partnership with WTC Miami, three major Guyanese manufacturers were given the opportunity to participate in the American Food and Beverage Show.