The Georgetown chamber of commerce and industry (GCCI) on Thursday launched its investment portal which will allow investors to search and initiate direct exchanges with businesses in Guyana.
The event was held at the Marriott Hotel where a live demonstration on the use of the portal was given by Lance Hinds, Chief Executive Officer (CEO) of the Brain Street Group that manned the creation of the portal.
The portal ‘invest.gcci.gy’ is a readily available online platform where organisations and investors can create a profile and view information of investors and businesses.
The President of the GCCI Timothy Tucker told the News Room that some $500,000 was invested in creating the portal.
Tucker said that the portal will minimize the time investors spend scrutinizing businesses and will increase the potential of businesses in Guyana given the booming oil and gas sector.
He said that in the initial stages, the GCCI will allow its registered members to access the portal before expanding its services to other businesses.
Minister within the Ministry of Public Works Deodat Indar, who was also in attendance, explained that the portal “can be used to guide a whole host of things of where people are looking to invest, how much they are looking for, but this is only for chamber members which is about 500 businesses.
“We have thousands of businesses in the country, so my suggestion to the Chamber, through the President, we have to market this every opportunity we get, so that the population of this portal is key to give you indications of where people want to go.”
Meanwhile, Chief Executive Officer of Guyana Office for Investment, Peter Ramsaroop said the initiative makes the work easier for the investors and businesses. He added that the portal will connect to investors, both locally and internationally, therefore providing greater access for business ventures.
Businesses were also urged to be honest in promoting their brand so as to gain the confidence of potential investors.
