Latest update October 11th, 2026 10:40 AM
$157B in non-oil investments approved in 2025
(Kaieteur News) – The Guyana Office for Investment (GO-Invest) on Monday revealed that $157 billion in non-oil investments were approved in 2025 alone, with more than a trillion-dollars in such investments facilitated over the past five years by the organisation.
In a statement to the media Monday, following scrutiny of the office in the National Assembly during the consideration of budget estimates for 2026, GO-Invest said it approved a total of 35 projects outside of the energy sector in 2025, valued at a total of $157,047,689,237.
The revelation came shortly after the opposition dug into the remuneration package offered to the Chief Executive Officer, Peter Ramsaroop who has since been sworn in to serve as a Member of Parliament (MP) for the governing side.
Non-oil investments approved in 2025 according to GO-Invest
During Monday’s meeting of the Committee of Supply, MP Terrence Campbell raised questions about the diversification of the economy through the facilitation of non-oil Foreign Direct Investments (FDIs) which were addressed by Minister of Parliamentary Affairs and Governance, Gail Teixeira.
Subsequently, GO-Invest outlined the achievements of the body in this regard. It said, “In 2025 alone, the agency facilitated GYD $157 billion in total investments, comprising GYD $86 billion in foreign direct investment, GYD $64 billion in local investment, and GYD $5.9 billion in joint ventures, clear evidence of both international confidence and strong domestic participation in Guyana’s non-oil economy.”
Through the approved projects in 2025, 2,131 jobs will be created in agriculture, forestry, ICT, light manufacturing, mining, tourism, and services.
According to GO-Invest, “Over the period 2020–2025, Guyana has recorded unprecedented non-oil investment activity across agriculture, agro-processing, manufacturing, tourism, logistics, construction, housing, ICT, energy services, health care, and education.” These investments have generated sustained employment, expanded local enterprise, strengthened exports, and anchored growth in communities across all regions.
Explaining that not all investments are filtered through the agency, its noted that more than $1 trillion in non-oil investment pacts were signed between 2020 and 2025 through more than 180 investment agreements, securing commitments for over 32,000 direct and indirect jobs.
To this end, Ramsaroop noted that non-oil sectors have consistently delivered strong growth, absorbing labour, supporting small and medium-sized businesses, and ensuring that economic expansion reaches ordinary Guyanese.
“This government made a conscious decision to build an economy by design—not by accident,” he said. “That means investing beyond oil, creating real jobs, lowering the cost of doing business, and ensuring Guyanese are participants, not spectators, in their own development,” the CEO added.
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