Guyana's Economic Acceleration Sparks $3B Investment Drive
Guyana's Public Works Minister Juan Edghill announces ambitious $3B infrastructure program, calling for foreign investment to accelerate national development amid rapid economic growth.
Minister Juan Edghill addresses International Business Conference at Georgetown Marriott Hotel
Minister Edghill Calls for Foreign Investment as Infrastructure Boom Continues
Minister of Public Works Juan Edghill declared Guyana "a country in a hurry" during Wednesday's International Business Conference at Georgetown's Marriott Hotel, highlighting the nation's unprecedented economic transformation and infrastructure development drive.
As one of the world's fastest-growing economies, Guyana is witnessing a remarkable $3 billion infrastructure development program that aims to address historical deficits while building for the future.
Strategic Infrastructure Investments
Key projects highlighted by the minister include:
- Bharrat Jagdeo Demerara River Bridge - US$262 million
- Wismar-Mackenzie River Bridge - US$36 million
- Linden-Mabura Road (121km) - GYD $33 billion
- East Bank Road Improvement Project - US$76 million
- East Coast-East Bank Bypass Road - US$130 million
- East Coast/Railway Embankment Upgrade - US$192 million
Economic Transformation and Growth
Under the current administration's economic strategy, these developments are designed to boost commerce, improve connectivity, and support both traditional and emerging sectors. The Natural Resource Fund is being strategically deployed to develop traditional sectors while building new economic opportunities.
"From 2025 to 2030 and beyond, Guyana is the place to be. Bring your money, your talent, and your people," Minister Edghill emphasized, highlighting the urgent need for investment and skilled labor to accelerate Guyana's transformation.
Infrastructure Challenges and Solutions
The minister noted significant challenges, including increasing traffic volumes exceeding 28,000 trucks daily on key corridors. The completion of major infrastructure projects is being coordinated with future development plans, including flyovers and expanded connections to accommodate growing transportation needs.
This comprehensive development strategy aims to position Guyana as a leading investment destination, supporting sectors from tourism to agriculture while creating opportunities for underserved communities.
Adrian Singh
Business reporter focused on economic freedom, foreign investment, and institutional transparency.