CINNABON, an American chain of baked goods stores and kiosks, will open its first outlet in Guyana at the Giftland Mall, Turkeyen, East Coast Demerara (ECD), and the company has already started to hire staff at the location.

According to Cinnabon’s website, they first opened on December 4, 1985, in the SeaTac Mall in Seattle, Washington, United States, where a father and son transformed their hard-earned dream into a reality.

They are located in over 50 countries to date.

Just recently, Starbucks opened its flagship location at the Amazonia Mall, Providence, East Bank Demerara.

Starbucks is known worldwide for its coffee houses, which offer a wide array of coffee beverages, snacks, and pastries, as well as its dedication to sustainability and customer-focused business approach.

President Dr. Irfaan Ali said the introduction of the global coffee franchise has once again demonstrated the country’s potential as a booming market of opportunities.
Starbucks is not the only global brand that has recently taken an interest in the country, with several food, energy, and other companies bringing their services to one of the fastest-growing economies in the world.

“The recognition from a global brand shows that not being part of this market is not being part of the action; not being part of the forward trajectory that various investors are following. And that is a very important message. Starbucks doesn’t just pick itself up and go to just any market. They follow the development of countries.

They follow the requirements of the market. And I’m sure that they would understand that the nature of the consumer coming into Guyana is also changing rapidly.”

He noted that the Starbucks location at the Amazonia Mall is in a prime location to benefit from the economic activities in the area.

The café is located near the Guyana National Stadium and massive housing areas where several expatriates reside and people working in the rapidly expanding oil and gas sector.

President Ali said the area also represents the infrastructure network that the government is building to create a more efficient connection system to bring communities and people closer.

“Vision and action are not guesswork. It is not work by accident. It is work structured and targeted to the achievement of particular results. And I am sure that as Guyana becomes a stronger and stronger economy, many more global brands will be here. And I’m sure that many North American brands will be here, but the brands that are coming must be able to incorporate our local private sector, and be able to engage our local private sector. That is what is going to make the brand resilient, successful and sustainable,” Dr Ali expressed.