President Ali encourages local private sector to invest in tourism, agriculture

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With the level of large-scale development unfolding in Guyana, President, Dr Mohamed Irfaan Ali has identified several key sectors that are ripe for investment, promising exponential rewards. 

Speaking to a gathering at the Private Sector Commission’s Corporate Dinner at the Marriott Hotel on Monday evening, the president said the government continues to create a wealth of opportunities for the local private sector to thrive. 

He expressed the need for more synergy among this group of investors, and more forward-thinking initiatives that align with the country’s development path. 

According to the head of state, the tourism sector is a “low-hanging fruit” for local investment, as the industry is poised for dramatic takeoff in this year and the years to come. 

Importantly, the government has been investing in boosting Guyana’s eco-tourism industry, combining modern amenities with natural beauty. 

These investments help to build the country’s already impressive repertoire of distinctive sights and tourism experiences. 

He said that increased private sector investment will further propel this growth. 

READ MORE : President Ali encourages local private sector to invest in tourism, agriculture – DPI Guyana