US Investment Bank–Osher International IDG Bank and Trust–headed by Mr. Marlon Campbell, along with some of its partners that include members of a Delegation from the United Arab Emirates (UAE) recently completed a business scoping exercise in Guyana. The company’s goal is a view to investing in excess of US$100M in Guyana in the coming years.
The team in addition to Mr. Campbell, included Mr. Khalid Ahmed Moosa (UAE Asset Security President), Mrs. Kwala Khamis Ali Abdulrahman Alblooshi (Senior Counsel in United Arab Emirates), Mr. Medhat Makram Doss (Managing Partner of Diversified Investments Eqypt) and Mr. Issam Marocaine (Investment Manager) of the Kingdom of Morocco.
According to Mr. Campbell, he has been interested in investing for about three years and had been exploring various opportunities, including in the emerging markets such as Guyana. He noted that the team at present, was specifically looking to finalize plans and proposals, as soon as possible to invest in Infrastructure, Mining, Pharmaceuticals and Dairy products among other sectors. This includes the large scale supply of stone aggregates in different sizes.
The company has already effected an agreement to erect a wharf/shipping/storage facility to ensure control over the logistics supply. This agreement also entails the purchase of 12 shipping barges (9,000 and 7,000 tons capacity) to ensure this control over the entire logistics chain with a view to not have to effect long delays, should hiccups arrive.
During the course of Mr. Campbell and the team’s visit to Guyana, they held meetings with a number of local businesses leaders and members of the government, including Chief Executive Officer of the Guyana Office for Investment (GO-Invest) along with representatives of the Office of the President. He disclosed that cognizant of the legal formalities that would have to be completed ahead of any sanctioned project, the partners would immediately set about construction of the abovementioned and more in future. Mr. Campbell stated that these are things in immediate demand given the trajectory of the country, especially with its nascent oil industry.
Osher International IDG Bank and Trust, he explained, has a holding division with oversight of a number of partners and “we as a group decide where we want to invest…where things are lucrative, obviously we are a business but we are looking to invest where communities can benefit the most.”
According to Mr. Campell, the current trajectory of the country has obviously helped in its decision at this time to vigorously pursue investments in Guyana but also reiterated “my initial interest is bigger than that, for example mining , the oil was an icing on the cake.”
He did observe too, that the election scenario that played out in 2020, did in fact slow down the pace at which the partners were looking to commence business in Guyana but he believes that those problems are largely over and that the country is in fact not politically unstable at present. To this end, Mr. Campbell notes that “because there is so much to do, initial investments should focus on the needs that are most important.”
He cited as example that although Guyana is the largest Caribbean country with large stone and other types of quarries they are experiencing significant shortages which impedes the development of any country.
Reflecting on his meetings while in Guyana, Mr Campbell has since noted that the reception was “incredible” and there appears to be full support from the government.
The group of partners falling under Osher International IDG Bank and Trust has since also indicated an interest in investments in world class Eco- Tourism Development for the Kaieteur Falls, Hydro and a Deep Water Harbour among other ventures.
It was also noted that the team is also interested in looking to tender for oil blocks at the imminent auction announced by the administration, including the setting up of a modular refinery.
About Osher International Bank
Osher International IDG Bank and Trust Company headed by Mr. Campbell is a private bank, organized under Sovereign/Maritime Law. It specializes in Wealth and Asset Management, Trade, Commercial and Private sector global investments, Forex, Real Estate, and Crypto-Currency. In 2021, the Bank added a Sports and Entertainment division. OIBT is a global entity with presence in the US, Canada, South Africa and Dubai.
Osher International IDG Bank and Trust, additionally host a private investment sector for all internal investment services. These services occasionally involve very high net worth partners; both companies and individuals, through our JV arrangements with Osher Global Holdings, LLC in the United States, Harel Global Finance South Africa and Osher Global Wealth Management (Offshore) Trust.
Mr. Campbell is also publicly known for his accomplishments in the film and music business, prior to the successful launch of Osher International IDG Bank and Trust. His accolades include performing, producing and promoting 16 gold and platinum records in a 12-year span, including business management of the late iconic Whitney Houston, R&B legends Jagged Edge, Hall of Fame DJ Hurricane, just to name a few. Mr. Campbell spent 18 years in the film industry funding, directing and producing over 23 films. He is also credited for opening the gateway into show business for his ultra-famous family that consist of first cousin Mr. Tyler Perry, whom Campbell’s mom, Ms. Jerry Banks, is the inspiration behind Tyler Perry’s iconic “Madea” character, and younger brother Hollywood Star Kevin “Lucky” Johnson.
