Major foundation works underway on $63B 256-room Georgetown Seafront Resort

Major foundation works are under way on the $63 billion, 256-room Georgetown Seafront Resort and Convention Centre, which, when completed, is expected to significantly expand Guyana’s tourism and conference capacity. The investment agreement, signed in 2025 between the Guyana Office for Investment (GO-Invest) and the project’s international developers, represents one of the largest hospitality investments currently under way in the country.

The introduction of the resort under the Hilton brand, alongside modern convention facilities along the Georgetown seafront, will strengthen Guyana’s ability to host large-scale regional and international events, support business tourism, increase visitor arrivals and generate substantial employment and service-sector opportunities. The investment will also stimulate linkages across construction, hospitality, retail, transportation and other supporting industries, contributing to economic diversification and sustained growth in the non-oil economy. This project aligns directly with President Dr Irfaan Ali’s Vision 2030, which prioritises economic diversification, tourism expansion, private-sector growth and the creation of sustainable employment opportunities across all regions. By deepening hospitality capacity and strengthening conference infrastructure, the investment reinforces the Government’s strategy of building an economy by design, one that positions Guyana as a competitive destination for global business, travel and events. The project is expected to generate over 450 jobs during the construction and operational phases. In addition to its core accommodation and 2,000+ seat convention facilities, the development will feature multiple food and beverage outlets, speciality restaurants and lounges, retail spaces, and a potential seawall restaurant. Amenities will include a kids’ zone, fitness centre, sports facilities such as tennis and paddle courts, a swimming pool, pool bar and grill, a spa with wellness centre and a social club, positioning the facility as a full-service hospitality and events destination along the Georgetown seafront.

The developers have committed to full compliance with Guyana’s laws and regulatory frameworks and are implementing the project under robust local content requirements. These measures are intended to maximise participation by Guyanese businesses and workers, strengthen domestic capacity in the construction and hospitality sectors and ensure that the investment delivers lasting economic benefits to the country. In late 2025 in Qatar, Chief Investment Officer (CIO) and Head of Go-Invest, Peter R. Ramsaroop, engaged senior executives of the project company to finalise strategic investment arrangements and accelerate implementation of timelines. These high-level discussions formed part of Go-Invest’s targeted international investor engagement strategy aimed at attracting transformative, large-scale projects aligned with Guyana’s expanding tourism and non-oil growth agenda.
Ramsaroop stated, “This investment is not incidental; it is intentional. Under His Excellency’s Vision 2030, we are building an economy by design, expanding our tourism infrastructure, deepening private-sector participation, and positioning Guyana as a premier destination for global business and international events. The commencement of major foundation works reflects investor confidence in Guyana’s trajectory and our Government’s disciplined approach to sustainable, non-oil growth.” As construction progresses, the Hilton-branded Georgetown Seafront Resort and Convention Centre stands as a visible symbol of Guyana’s economic transformation, where policy meets performance and vision becomes reality.