Foreign companies show deep interest in doing business here
By Tajeram Mohabir
Guyana Chronicle, 29 September 2007
Several foreign investors at this year’s GUYEXPO have expressed an
interest to set-up operations here pointing out that the country is
abound with opportunities for investment favourable for the
establishment of niche markets.
The investors expressed this view to the Guyana Chronicle at the Sophia
Exhibition Complex during the official opening of Guyana’s premier
trade and exhibition show on Thursday last.
Indian businessman, Vinod Kumar Gupta of Shivan International India, in
an interview with this news paper said he is very impressed with the
exposition this year noting that it has grown bigger and better
compared to the last and previous years.
The Delhi entrepreneur of exotic and delicately carved furniture,
Indian garments and body care lotions added that his aim is to showcase
the secret gems of his country to Guyanese and to establish links with
local businesses to serve as distributors of his commodities.
Gupta who joined the exhibition in 2003 said he plans to set-up a
joinery operation here with the purpose to expand in the future.
Marketing Manager of Charran Publishing House in Trinidad and Tobago,
Benjamin Charran said the company will establish an operation in Guyana
next January and one of the reasons for coming to Guyana is to locate a
team of writers to join their business in the twin- island Republic.
Charran pointed out that the company supplies text books ranging from
the nursery to tertiary levels in over 40 subject areas throughout the
Caribbean. He revealed their delegation is looking to forge links with
the Education Ministry to supply updated materials in several subject
areas on Caribbean Secondary Certificate Examination (CSEC) and the
Caribbean Advance Proficiency Examination (CAPE) and also to work along
with local book stores to be distributors of the their products.
Charran added that he is very pleased to come to Guyana since his
company has Guyana at heart and would be grateful to extend their motto
of “Reaching Every One, Teaching Everyone” here.
Representative of Barbados Investment and Development Company Madaline
Headly-Woodroffe has also expressed an interest in doing business in
Guyana disclosing that her company which is a supplier of several high
quality brands of flour is particularly interested in exporting the
commodity at a negotiable cost to Guyana.
The company is also a suppler of beverages, protective gears for
industrial workers and computer software. Headly-Woodroffe added that
the entity is proud to introduce ‘Manager Wise Technology’ to Guyana.
She explained that the software is a bio-metric security equipment
capable of tracking the attendance and time of workers and could be
linked to the company’s payroll system.
According to the Barbadian business woman the technology is not found
in any Caribbean territory except for Barbados and introducing the
state of the art technology to Guyana is part of their broader effort
to secure a foot hole in the Guyana market.
Other companies from the 40 member’s Barbadian delegation headed by its
Deputy Prime Minister Mia Motley that are part of the exhibition
include Pine Hill, Bico Ice-Cream and West Indies Biscuit Company.
Meanwhile, Counsellor on Economic, Social and Cultural Affairs of the
Republic of Indonesia Dr. Djoka Muresanto said his country is proud to
be part of the show for the second time and looks forward in
establishing a stronger relationship with the Guyanese business
community.
He noted that since their participation last year, they were able to
establish business contact with Eborabo Varity Woods, (a local joinery
establishment) and looks forward to expand on their success this time
around.
Some of the products the Indonesians have on display include
Indonesians garments, pictures of their rich culture, books and
cigarettes.
The Asian country which is an exporter of cables to Guyana aims to
strengthen bilateral relation through the exhibition and extend their
culture to the Guyanese people.
By Tajeram Mohabir
Guyana Chronicle, 29 September 2007
Several foreign investors at this year’s GUYEXPO have expressed an
interest to set-up operations here pointing out that the country is
abound with opportunities for investment favourable for the
establishment of niche markets.
The investors expressed this view to the Guyana Chronicle at the Sophia
Exhibition Complex during the official opening of Guyana’s premier
trade and exhibition show on Thursday last.
Indian businessman, Vinod Kumar Gupta of Shivan International India, in
an interview with this news paper said he is very impressed with the
exposition this year noting that it has grown bigger and better
compared to the last and previous years.
The Delhi entrepreneur of exotic and delicately carved furniture,
Indian garments and body care lotions added that his aim is to showcase
the secret gems of his country to Guyanese and to establish links with
local businesses to serve as distributors of his commodities.
Gupta who joined the exhibition in 2003 said he plans to set-up a
joinery operation here with the purpose to expand in the future.
Marketing Manager of Charran Publishing House in Trinidad and Tobago,
Benjamin Charran said the company will establish an operation in Guyana
next January and one of the reasons for coming to Guyana is to locate a
team of writers to join their business in the twin- island Republic.
Charran pointed out that the company supplies text books ranging from
the nursery to tertiary levels in over 40 subject areas throughout the
Caribbean. He revealed their delegation is looking to forge links with
the Education Ministry to supply updated materials in several subject
areas on Caribbean Secondary Certificate Examination (CSEC) and the
Caribbean Advance Proficiency Examination (CAPE) and also to work along
with local book stores to be distributors of the their products.
Charran added that he is very pleased to come to Guyana since his
company has Guyana at heart and would be grateful to extend their motto
of “Reaching Every One, Teaching Everyone” here.
Representative of Barbados Investment and Development Company Madaline
Headly-Woodroffe has also expressed an interest in doing business in
Guyana disclosing that her company which is a supplier of several high
quality brands of flour is particularly interested in exporting the
commodity at a negotiable cost to Guyana.
The company is also a suppler of beverages, protective gears for
industrial workers and computer software. Headly-Woodroffe added that
the entity is proud to introduce ‘Manager Wise Technology’ to Guyana.
She explained that the software is a bio-metric security equipment
capable of tracking the attendance and time of workers and could be
linked to the company’s payroll system.
According to the Barbadian business woman the technology is not found
in any Caribbean territory except for Barbados and introducing the
state of the art technology to Guyana is part of their broader effort
to secure a foot hole in the Guyana market.
Other companies from the 40 member’s Barbadian delegation headed by its
Deputy Prime Minister Mia Motley that are part of the exhibition
include Pine Hill, Bico Ice-Cream and West Indies Biscuit Company.
Meanwhile, Counsellor on Economic, Social and Cultural Affairs of the
Republic of Indonesia Dr. Djoka Muresanto said his country is proud to
be part of the show for the second time and looks forward in
establishing a stronger relationship with the Guyanese business
community.
He noted that since their participation last year, they were able to
establish business contact with Eborabo Varity Woods, (a local joinery
establishment) and looks forward to expand on their success this time
around.
Some of the products the Indonesians have on display include
Indonesians garments, pictures of their rich culture, books and
cigarettes.
The Asian country which is an exporter of cables to Guyana aims to
strengthen bilateral relation through the exhibition and extend their
culture to the Guyanese people.
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