GO-Invest says brokered almost GY$160 billion in local, foreign investments last year

Last Updated on Wednesday, 11 February 2026, 22:49 by Writer

The Guyana Office for Investment (GO-Invest) last year facilitated GY$157 billion in new projects last year and GY$1 trillion during the past five years, according to the agency’s Chief Investment Officer Dr Peter Ramsaroop.

Giving a breakdown of the GYD $157 billion, the agency said it comprised GYD $86 billion in foreign direct investment, GYD $64 billion in local investment, and GYD $5.9 billion in joint ventures, “clear evidence of both international confidence and strong domestic participation in Guyana’s non-oil economy, further accelerating economic diversification and regional development.”

“For five years, while the Opposition talked, this Government invested—strategically, deliberately, and across every major non-oil sector of the economy,” Dr Ramsaroop was quoted as saying.

“The results are undeniable: jobs created, businesses expanded, regions transformed, and a diversified economy that is stronger, more resilient, and people-centred.”

Between 2020 and 2025, GO-Invest said there was more than GYD$1 trillion in signed non-oil investments—recognizing that not all investments are required to pass through the agency—executed more than 180 investment agreements, and secured commitments for over
32,000 direct and indirect jobs.

Over the period 2020–2025, GO-Invest said Guyana recorded unprecedented non-oil investment activity across agriculture, agro-processing, manufacturing, tourism, logistics, construction, housing, information communications technology (ICT), energy services, healthcare, and education. “These investments have generated sustained employment, expanded local enterprise, strengthened exports, and anchored growth in communities across all regions,” the agency said.

The GO-Invest Chief Investment Officer reaffirmed that the government would continue to accelerate non-oil investment under President Mohamed Irfaan Ali’s Vision 2030, ensuring that growth remains broad-based, inclusive, and anchored in long-term national development.

“The people of Guyana can be confident: modernized diversification is real, the jobs are real, and the future we are building together is real,” he said.