Top Jamaican businessmen here to explore investment opportunities

Last Updated on Saturday, 26 December 2015, 21:02 by GxMedia


NCB Group Managing Director Patrick Hylton and his boss, Chairman Michael Lee-Chin (Jamaica Gleaner photo)

Two prominent Jamaican businessmen Sunday night arrived in Guyana to explore a number of investment opportunities.

They are  Chairman of Portland Holdings and National Commercial Bank of Jamaica (NCB) Group Managing Director Patrick Hylton.

“We are looking for opportunities to further expand into the Caribbean,” said Lee-Chin.

Speaking with reporters shortly after deplaning a private executive jet at the Cheddi Jagan International Airport (CJIA), Lee-Chin said his trip was long overdue since he and five persons including three Guyanese had been studying in Canada back in 1971.

Portland Holdings is involved in, among other entities, banking, waste management and telecommunications.

“We are looking at Guyana to see how we can invest, bring capital, bring expertise, help create employment, create wealth and eventually exit hopefully to the Guyanese pensions fund or a stock market that hopefully will one day be existent in Guyana,”  Lee-Chin added.

Lee-Chin and Hylton are here at the invitation of Former President, Bharrat Jagdeo. The welcoming party included Presidential Advisor on Community Development, Odinga Lumumba.