Cricket Carnival bred foreign investment opportunities for Guyana – Ramsaroop

While the recently concluded Cricket Carnival paired with the hosting of the CPL matches boosted regional entertainment and sport tourism, the Guyana Office for Investment says it also led to increased investment opportunities.

Guyana’s first ever Cricket Carnival, held from September 16 to October 2 alongside the hosting of multiple Caribbean Premier League cricket matches, was deemed successful, having attracted a massive amount of tourists.

The series of events managed to use cricket as a tool to promote Guyana as a regional destination for entertainment and sport tourism.

Peter Ramsaroop, CEO at the Guyana Office for Investment said, during an engagement with the media last week, that the recent Cricket Carnival amplified opportunities for local stakeholders to benefit from partnerships and foreign investment.

“This week I met with 40 Brazilians, 20 or 25 Jamaica Investors are in Guyana right now looking for local partnerships so one of our goals in our office is to match them up with local investors to ensure that they can meet what they are looking for. So yes cricket carnival produced not only on the entertainment side but I think it had a rippling significant impact on investment opportunities in Guyana.”

President Irfaan Ali has highlighted plans to further promote sport tourism locally. He disclosed this at a press briefing earlier this month.

“We are working on modifying our horse racing to make it a premier regional event, attracting international participation [and] working in the motor racing industry. I have already asked a team to reach out to the World Boxing Council (WBC) to see how we can become a venue for World Boxing Council events”