Guyana is seeing the tangible results of a deliberately designed national economy, with policy choices made since 2020 translating into measurable performance and sustained investor confidence, according to Chief Investment Officer and Member of Parliament Peter R. Ramsaroop.
In an interview following the opening of the AC Marriott Hotel at Ogle, Ramsaroop said the country’s economic transformation is the product of an integrated development strategy articulated by President Dr. Mohamed Irfaan Ali and executed across multiple sectors.
“The true test of leadership is delivery,” Ramsaroop said, noting that Guyana’s development trajectory reflects a coherent plan linking infrastructure, energy, production and investment rather than a series of isolated projects.
He said hotel development was conceived as economic infrastructure to support business travel, conferences, tourism and services tied to a rapidly expanding economy. In 2020, Ramsaroop recalled, President Ali projected the need for at least 2,000 additional hotel rooms to meet future demand—an assessment that drew skepticism at the time.
“That demand is real now,” he said, pointing to the entry of international brands, expanded capacity by local investors and new rooms coming on stream. The opening of the AC Marriott Ogle, he added, reflects planning that anticipated growth and moved ahead of it.
Ramsaroop said hotel expansion has been matched with increased airlift, the entry and return of international carriers, and upgraded airport terminals. He noted that improvements to hinterland airstrips have also strengthened national integration and economic inclusion.
“When you align hotels with airlift and terminals, and connect hinterland airstrips to production and services, you are executing a design,” he said. “That design is delivering now.”
He identified agriculture and agro-processing as another area where policy has translated into performance. Ramsaroop said Guyana is moving beyond the export of raw produce, with investments expanding in bottling plants, food-processing facilities, cold storage and packaging operations.
“Agriculture is now connected to manufacturing and exports, and that transition is happening now,” he said.
Ramsaroop also pointed to the country’s energy strategy as a key enabler of competitiveness, stressing that oil revenues were intended to reduce costs and unlock new sectors rather than replace productive effort.
“That is why manufacturing, agro-processing, hospitality and logistics are becoming more viable,” he said.
On investor interest, Ramsaroop said credibility remains the decisive factor.
“Investors invest in trust,” he said. “When a vision is stated publicly and delivered consistently, that builds confidence. Guyana’s momentum is being driven by what investors can see.”
He said Guyana’s experience increasingly stands out in the region, not because of promises made, but because of results being delivered, underscoring what he described as a leadership approach defined by clarity and follow-through.