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Chamber President encourages investment in Guyana…

Business NewsPresident of the T&T Chamber of Commerce, Moonilal Lalchan is encouraging businessmen to invest in Guyana.Moonilal Lalchan & Donald Ramoutar

He said that Guyana is an emerging economy with huge potential for growth.

The International Monetary Fund (IMF) economic outlook of April 2013 predicted that Guyana would see around 5.5 percent growth for this year.

Lalchan was speaking at yesterday’s T&T Chamber of Commerce seminar entitled “T&T-Guyana Connection”

The seminar was held at the Chamber’s Westmoorings office.

Lalchan said Guyana’s geographical position on the South American continent close to major world economies like Brazil is also an advantage. Guyana

He also referred to Guyana’s President Donald Ramotar, who earlier this year called on T&T’s business people to invest in Guyana’s open economy.

Lalchan added that Guyana has the advantage of being a resource rich country, which makes investment even easier………