Invest in Energy Sector

Opportunities Overview

  • Vast Oil and Gas Potential.
  • Attractive Incentives.
  • Environmental Regulations.
  • Reduced costs for energy through the gas-to-energy project and investment in renewables.
  • Onshore and offshore oil exploration.
  • Expand the hinterland electrification program.
  • Equipment for wind farm development.

Opportunities Overview

The Government of Guyana is pro-business and therefore believes in creating an enabling environment to facilitate investments which will, in turn, spur economic growth in all sectors (traditional and non-traditional). Some of these include:

  • Providing tax incentives for new investments, re-tooling, and technological improvements.
  • Establishing industrial parks/estates for manufacturing in coastal and hinterland regions.
  • Establishing a fund to stimulate innovation and new businesses;
  • Providing complementary infrastructures such as roads, bridges, airstrips, training institutes, etc.
  • Exempting the payment of Duty and VAT on all critical building materials and equipment.
  • Dockyard and shipping building: Exemption of Duty and taxes are available for the operation of dry-docking facilities.
  • Recycling: Exemption of Duty and VAT on all machinery and equipment used.
  • Land availability.
  • ICT liberalization.