Invest in ICT & Technology Sector

Opportunities Overview

  • Liberalized telecommunications sector.
  • Digital transformation of all government services.
  • Building ICT capacity by training 3000 persons in ICT.
  • 1000 free internet connection across six (6) regions.
  • $1.3 billion budgeted to support the sector’s rapid development.
  • Massive job creation anticipated for 2022 & 2023.
  • Guyana’s ICT Sector has progressed over the last decade.
  • The ICT Industry comprises telecommunications operators, internet service providers, telemarketing call centres, inbound customer support, voice mail transcription, medical records transcription, and data warehousing & operators, broadcast institutions, ICT education providers, internet cafés, etc.
  • The ICT industry was improved by with two submarine fiber optic cables and services rolled out in 2017 and 2019. More is on-stream for 2022.
  • ICT will bridge the divide between the Hinterland and Coastland with the Hinterland Poor and Remote Communities Project.
  • 200 new ICT Hubs in the Hinterland Area.
  • Mobile Operators in Guyana: Digicel & Guyana Telephone and Telegraph
  • The ICT sector is under the oversight of the Office of the Prime Minister
  • Contributed to GDP US $140.46 Million (2018) .
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Opportunities Overview

  • Room in ICT driven by oil and gas development.
  • Highly developed and diversified human resource base
  • An attractive destination for ICT investment based on the country’s time zone
  • Access to markets regional and international markets
  • Attractive demands in ICT Business Incubators in all sectors.
  • Investment opportunities in Data Centers
  • Need for more Call Centres and BPO operations.
  • In 2022, the goal is to create 25000 new jobs in 5 years.
  • Demand for Computer and Mobile Assembly Factories to create employment.
  • Venture Capital/Innovation funds specifically targeted at ICT Business start-ups.
  • Demand for E-Tourism (Guyana as a virtual tourist destination)
  • Modern Legislation (Data Protection and E-Commerce)
  • Development of National E-Commerce Strategy for Guyana.