Special models being examined to increase diaspora investments locally
President, Dr Irfaan Ali poses for a ‘selfie’ with an attendee at the diaspora engagement event last July (Office of the President photo)
President, Dr Irfaan Ali poses for a ‘selfie’ with an attendee at the diaspora engagement event last July (Office of the President photo)

PRESIDENT, Dr. Irfaan Ali, has maintained that the involvement of the Guyanese diaspora will be critical to Guyana’s development, so the government will be investing in a number of special models to get overseas-based Guyanese more involved in investing in Guyana.

The President made this announcement during a live broadcast on his Facebook page on Saturday, when he reminded that the diaspora is important to Guyana’s massive expansion.

“In the new year, we want the diaspora to be more critically involved in the developmental aspect and project of our country. Soon we will be pursuing special models through which they can invest their resources into different projects in Guyana, through which we can build consortium so that the private sector can grow, and the diaspora can be part of this growth and development,” the President related.

The Head of State went on to highlight a number of ongoing, as well as imminent projects which will create massive opportunities for Guyanese to invest in their country.

“As a result of the investments we’ve made over the last two years, Guyana has now entered a new era… we want to position Guyana, making the investment to deliver a Guyana 2030 and beyond that will be a leader in food security, energy security, climate services, ecological services, biological services, environmental services, technological services, health services, education services, health services, manufacturing.

“That is what we’re building — an economy that stands on a very wide base and not only competitive internally, but an economy 2030 and beyond that is sustainable, resilient and competitive in a global environment,” President Ali said.

According to the Head of State, the government is focused on this path that will completely transform Guyana for 2030 and beyond.

Using revenues from the oil and gas sector, the government intends to create an economy that will be broad-based and built to make Guyana competitive and to make other sectors competitive.

“Building it in such a way that the country will be diversified and sitting on a very broad platform. The major infrastructure transformation in our country, many major infrastructure is going on in our country. Our environment is changing, our landscape is changing, our skyline is changing,” the President said.

He went on to say: “To members in the diaspora, we love you, we want you to be part of it, and you must invest. We are going to set up special vehicles, special projects that you can invest in in the new year.”

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