US Embassy can bridge business gaps between Guyana and US – Ambassador Lynch

The United States (US) Embassy in Guyana creates a vital link in potential investment between Guyana and the US, and vice versa.

This is according to the US Ambassador to Guyana, Sarah-Ann Lynch, who was at the time addressing the Private Sector Commission’s (PSC’s) Annual General Meeting, held at the Marriott Hotel on Friday.
“The Embassy also helps to create partnership linkages between U.S. and local companies…to help build the bridge between interested U.S. and Guyanese companies. The Embassy maintains an active database; when companies inquire about partnering opportunities, the Embassy can help make the connections in both directions,” she further stated.
She added that, over the last three years, the US Embassy has recorded a steady increase in inquiries from companies which are interested in working in Guyana. She was keen to note that those companies are not only looking to invest in the oil and gas sector in Guyana, but have communicated to the Embassy their interest in working in the fields of engineering, healthcare, telecommunications, infrastructure, air transportation, and information technology, just to name a few.
Ambassador Lynch has said that very much commercial interest is being shown in Guyana, and the Embassy is doing its best to assist companies from both countries in this regard.
“This assistance comes in a variety of forms. Every year, the Embassy releases a Country Commercial Guide, including an updated Investment Climate Statement. These documents are freely available, and (are) provided to U.S. companies. They (documents) outline how the business climate is evolving, and help inform how interested companies approach investment in Guyana,” she explained.
In addition to this, she noted that the Embassy also participates in trade shows and reverse trade missions globally, to support events such as the Offshore Technology Conference (OTC) which was held in Houston, Texas this year, among several other events.
The Ambassador explained that Guyana’s booth at that Conference had seen a steady stream of visitors, who were all intrigued by what the country has to offer. In fact, she said, “The OTC break-out session on Guyana’s oil filled the room to capacity, with more than 300 representatives from various American corporations…
“In addition, a Guyana-themed happy hour networking event brought in over 400 people,” the Ambassador said.
She described the event as having been more than successful, in that several Guyanese business persons were able to sign business deals or start business relations at the OTC.
As a result, the Ambassador said, “These symbiotic relationships are good for Guyana and for the United States. I encourage businesses interested in being added to this database to reach out to our economic or commercial staff”.