– says Senior Director of Investment, John Edghill
– highlights opportunities for locals, foreigners

By Feona Morrison
GUYANA’S business sector is witnessing unprecedented growth, driven by a surge in both domestic and foreign investment. This boom, as highlighted by John Edghill, Senior Director of Investment at the Guyana Office for Investment (GO-Invest), is attributed to significant economic changes, abundant natural resources, and a strategic focus on sustainable development.

In a recent interview on the Energy Perspectives Podcast, Edghill described the factors that have transformed Guyana into an “investor’s paradise.”
He emphasised that the country’s investment climate has been favourable for a long time, primarily due to the Investment Act of 1994.
“Guyana is experiencing unprecedented growth. That alone has captivated the minds and interests of people around the world. Our Investment Act is very friendly and really opens up the pathway for a very welcoming investment climate,” Edghill explained.
The Act, he noted, provides equal treatment for both international and domestic investors, allowing them to operate without discrimination. “There is no discrimination between a foreign and local investor. So, if you’re coming in as one of the largest players, you are treated just as though you are a Guyanese company. Equally, the local companies are not disadvantaged. There is an equal playing field between both foreign and local investors.”
Guyana’s unique approach includes allowing foreign property ownership, a policy that sets it apart from many other countries. This open stance on property ownership makes Guyana an attractive option for investors seeking stable, long-term investments. “That is very impressive,” Edghill declared.
Edghill also highlighted Guyana’s strategic geographic location and vibrant cultural heritage as significant draws for investors. Situated on the northern coast of South America and bordering the Caribbean, Guyana offers access to major South American and North American markets and serves as a gateway to the Caribbean.

Furthermore, Guyana’s rich cultural heritage, comprising a blend of Indigenous, African, Indian, European, Portuguese, and Chinese influences, creates a dynamic and inclusive environment that welcomes people from all over the world. As the only English-speaking country in South America, Guyana provides an additional advantage for investors from North America and Europe, ensuring ease of communication.
“Many of our investors come from North America and Europe, which makes communication very easy. But we also attract investors from the Middle East, China, and Asia,” Edghill added.
He also credited Guyana’s favourable investment climate to beneficial partnerships with international entities such as the Caribbean Community (CARICOM), the United States, China, and the European Union. These partnerships have bolstered Guyana’s economic position on the global stage.
Importantly, Edghill praised President Dr. Irfaan Ali for his forward-focused, firm, and stable leadership. “He [Dr. Ali] is a pioneer and a leading figure in where Guyana is heading. His Vision 2030 brings a certain energy to our investment climate by providing stable and firm leadership to our economy,” Edghill said.

Edghill concluded by underscoring the critical importance of a stable government that prioritises private sector development for economic growth. He highlighted the significant role of the PPP/C government in fostering this environment, particularly noting their removal of numerous taxes during their first term in office.
With these strategic initiatives and policies, Guyana continues to strengthen its position as a prime destination for investors worldwide