The inauguration of the Dominican Republic Chamber of Commerce in the Cooperative Republic of Guyana (DRChamGuyana) took place within the framework of the “Guyana Energy Conference and Supply Chain Expo 2024” at the Marriott Convention Center in Georgetown, Guyana.
To this effect, the Guyana Chamber of Commerce in the Dominican Republic (GuyanaChamDR) was inaugurated in Santo Domingo on January 19th, 2024.
Both chambers are one and the same; they feature a robust private sector board and unparalleled leadership by hosting on-site presence in both countries and offering tailored assistance to its members. Potential members must undergo a thorough due diligence screening process to confirm their historical track record for the Chamber to properly support its bilateral intentions.
The Chamber has proved unwavering initiative, as it co-organized alongside both governments the largest official and private sector delegation in the history of the Dominican Republic to visit a foreign country, proof of its collective interest in fostering the bilateral relationship with Guyana, and which resulted in the reciprocal visit of a Guyanese delegation to the Dominican Republic, another historical milestone achieved as part of this bilateral dialogue.
Over last few months, the Dominican Government has supported the Chamber in the advancement of the following ventures:
1- InterEnergy Group signed an MOU with Guyana Power & Light to invest and assist in the infrastructural and operational redesign of its current energy l grid.
2- Grupo Punta Cana has confirmed their commitment to develop an Eco Resort and has also signed an MOU with Cheddi Jagan International Airport to explore areas of cooperation, and possibly invest in a new terminal, pending further assessments.
3- Sky High Dominicana has established a direct flight route between Georgetown and Santo Domingo, which kicked off operations on the 18th of February, 2024, with an initial offer of three flights per week.
4- Guyanese President, Dr. Mohammed Irfaan Ali, invited Dominican President, Luis Abinader, to attend the United Nations Security Council meeting. The invitation constitutes a clear expression of the strategic character of the bilateral relation between Guyana and the D.R.
5- As mentioned by President Abinader during his speech yesterday; United Caribbean Energy Inc. is a Guyanese based consortium between the private sector of the Dominican Republic and the Cooperative Republic of Guyana in partnership with LINDSAYCA, INC. for the intended purpose of guaranteeing Energy security for the Caribbean region.
6 – THERRESTRA is a pioneering firm in the construction sector within the Dominican Republic and the Caribbean. In Guyana, they are currently developing the Hotel Four Points by Sheraton, the Palmyra Berbice Cricket Stadium as well as a Government Office Complex in Georgetown. With these projects underway, Therrestra reinforces its role as a key player in infrastructure development in Guyana, reflecting its commitment to excellence and innovation in the Caribbean construction sector.
“These efforts are only the beginning of the bilateral relationship. As the Chamber moves forward, there will be an exponential increase in investment by the Dominican Republic, as we continue to foster a win-win relationship for both nations. There is so much we can do together, and learn from each other, and if we do everything the right way, the entire Caribbean will benefit from this new partnership.” Miguel Angel Gonzalez, CEO of The Nest Trust and President of the Dominican Republic Chamber.
Among the attendees were His Excellency Ernesto Torres Pereyra, Ambassador of the Dominican Republic to Guyana, Miguel Gonzalez, CEO of The Nest Trust and President of the Bilateral Dominican Republic & Guyana Chamber of Commerce, Rolando Gonzalez-Busnter, Chairman of Interenergy Group and part of his executive team, Peter Ramsaroop, Chief Investment Officer to the Office of Presidente Ali and Mr. Anthony White, CEO of the Guyana Energy Conference and Expo, among others.
