GUYANA’S Chief Investment Officer and Head of the Guyana Office for Investment, Dr. Peter Ramsaroop, delivered a compelling call for united efforts among regional investment promotion agencies to maximise investment opportunities in Central America and the Caribbean.
His remarks, on Wednesday, came during the opening of the World Association of Investment Promotion Agencies’ (WAIPA) Central America and the Caribbean Regional Meeting, held in the Dominican Republic and attended by Vice President Ms. Raquel Peña de Antuña.

In his presentation titled “Guyana Case: Investment Possibilities in New Industries,” Dr. Ramsaroop emphasised the critical importance of regional integration and highlighted innovative approaches such as the use of artificial intelligence to bolster sectors like agriculture and tourism. He seized the opportunity to position Guyana as a prime investment hub in the region, inviting green and sustainable investments across various sectors including tourism, agriculture, manufacturing, energy, ICT, forestry, and climate change initiatives.
“Guyana has emerged as the Jaguar economy in this part of the world, driven by significant economic growth and substantial investments in social development, food security, climate resilience, and energy independence,” Dr. Ramsaroop affirmed.
Addressing the bilateral relations between Guyana and the Dominican Republic, Dr. Ramsaroop underscored their cordial ties and recent collaborations.

He noted pivotal diplomatic visits in 2023, including President Dr. Irfaan Ali’s visit to the Dominican Republic and President Luis Abinader’s reciprocal visit to Guyana, which resulted in the signing of 10 cooperation agreements. These efforts have solidified partnerships between the private sectors of both nations, particularly in tourism, energy, and construction.

The two-day WAIPA meeting, themed “Building a Regional Agenda for the Promotion of Foreign Direct Investment,” convened heads and representatives from regional investment agencies. Dr. Ramsaroop proposed hosting a future WAIPA event in Guyana in 2025, further highlighting Guyana’s proactive stance in attracting global investments and fostering economic growth.

Established in 1995 at the United Nations headquarters in Geneva, Switzerland, WAIPA serves as a global body representing investment promotion agencies from over 100 countries. It plays a crucial role in supporting and empowering IPAs worldwide by serving as a primary knowledge hub on attracting, facilitating, and advocating for investments.

Dr. Ramsaroop’s advocacy for Guyana as an investor-friendly nation aligns with President Dr. Irfaan Ali’s Vision 2030 agenda, aimed at transforming Guyana into a global hub for business, ecotourism, and leisure. His proactive engagement in major investor conferences worldwide reflects Guyana’s commitment to sustainable economic development through strategic partnerships and foreign direct investment initiatives.