By raisa on Tuesday, 20 October 2020
Category: News

Investment office being revamped to cut red tape – Ramsaroop

Chief Investment Officer Peter Ramsaroop says Guyana’s lead agency in the steering investments is being revamped to cut bureaucratic red tape.

“We are going to be proactive…there are many opportunities here and G-Invest becomes that first focal point- a place that investors come and will be guided and steered on all that is needed for their projects to become reality,” Ramsaroop, who is the Chief Executive Officer of Guyana’s Office for Foreign and Local Investment (G-Invest) told the Stabroek News in an interview.

“We will guide them to what are the necessities to be an active corporation here. And then based on the type of investments and which investment criteria the proposals fit, we will explain the requisite tax concessions, machinery waivers, etcetera, that can be accessed. We are a single window to that investor, to guide them through the process,” he added.