October 6, 2022

INFO 10

THE TRUTH IN BLACK AND WHITE

‘Tens of millions in investment earmarked for Linden’ – Go-Invest Head

CEO of GO-INVEST Peter Ramsaroop

The Guyana Office for Investment (Go-Invest) has earmarked tens of millions of dollars in investment for the mining town of Linden. This is according to the Chief Investment Officer (CEO) of Go-Invest, Peter Ramsaroop who during a press conference held following a tour of the Midas BPO (Kara Kara Call Centre), indicated that Go-Invest has signed investment packages with a few big companies that are seeking to expand, and develop the township.“We recently signed an investment package with a large cement plant in Linden that is doing quite a bit of construction work in building houses in Linden.

We are about to sign another investment package with a medical supply company to do oxygen bottling and other types of packaging. In the region, we recently had some large megafarms in soya bean and corn and we are about to do some more in that… We have another investor who came to put up a steel factory right outside of Linden.”

The investments will create over 200 direct jobs for Lindeners, the CEO noted.

With the development and transformation of the mining town, Dr. Ramsaroop underscored the need for the establishment of more  commercial industries such as gas stations in the region.

“This is where I recommend Region Ten folks pay attention to as what the government is doing, what the private sector is doing and figuring out where you fit,” he said.