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  • US EXIM Bank loan shows growing confidence, deepening Guyana/ America relationship- AmCham

    US EXIM Bank loan shows growing confidence, deepening Guyana/ America relationship- AmCham

    Business
    Oil & Gas
    December 28, 2024
    US EXIM Bank loan shows growing confidence, deepening Guyana/ America relationship- AmCham
    Part of what the Wales Development Area will look like. The massive Gas to Energy project will be built here
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    See below the full release from AmCham Guyana: 

    AmCham Guyana applauds the historic approval of a $527 million loan from the U.S. Export- Import Bank (EXIM) to support the critical Gas-to-Energy project in Guyana. This landmark agreement marks the largest-ever infrastructure loan in the Caribbean, signifying a growing confidence in Guyana’s prosperity and deepening the U.S.-Guyana partnership. 

    The Gas-to-Energy project is poised to transform Guyana’s energy landscape, enhancing energy security by diversifying energy sources and reducing reliance on imported fuels. Furthermore, it will accelerate the nation’s transition to cleaner and more reliable energy sources, driving sustainable economic growth and development. 

    AmCham Guyana commends the Government of Guyana, the U.S. Embassy, and all stakeholders involved in this groundbreaking achievement. We look forward to supporting U.S. EXIM’s continued engagement in Guyana and fostering further economic cooperation between our two nations

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