ILO launches EESE assessment and Action Plan in Guyana

Based on the findings of the EESE assessment, an EESE steering Committee was established to implement changes which would nurture a more conducive environment for business and investment, thereby triggering job creation.

News | 21 December 2017
How easy is it to do business in Guyana? Do you think Government policies and laws affect your business? What are some of the investment opportunities available in Guyana? What are the barriers to doing business in Guyana?

These are just a few probing questions which are amply answered in the Enabling Environment for Sustainable Enterprises (EESE) assessment launched by the International Labour Organization (ILO) last Friday 15 December at the Guyana Marriott Hotel.

In attendance at the launch were invitees from Government, Workers’ and Employers’ organizations.  Prime Minister of Guyana, the Honourable Moses Nagamootoo delivered the feature address at the launch of the study, along with the Honourable Keith Scott, Minister within the Ministry of Social Protection with responsibility for Labour who delivered opening remarks.

According to the World Bank, Guyana’s ease of doing business ranking shifted from 137th in 2015 to 126th in 2017. At the same time, the national competitiveness strategy highlights international investment as being critical. Over the past year the ILO worked closely with the Ministry of Business and the Consultative Association of Guyanese Industry CAGI on an in-depth review to determine how to create an enabling business environment which promotes sustainable enterprises.

Claudia Coenjaerts, Director, ILO Caribbean Office noted, “We are proud of this work and it has been a truly collaborative effort between ILO headquarters, the office for the Caribbean and our partners in Guyana. The  EESE report and action plan presented today should be seen as a complement to the efforts already being made by other stakeholders in assessing the political, environmental, social and economic aspects of a conducive environment for doing business. Its information is important both for local and foreign business and we are convinced that by realizing the action plan significant progress will be made.”  

Delivering the keynote address at the launch, Prime Minister of Guyana, the Honourable Moses Nagamootoo lamented that the absence of database systems which provide useful information to potential investors, is a hindrance for job creation. The Prime Minister recommended, “It must be part and parcel of our governance to have open data, and the open data must be that Guyanese and foreign investors must know what resources are available in the land […] that it is good for Agriculture, it is good for aquaculture, it is good for mineral exploitation or extraction.”

Prime Minister Nagamootoo also recognized the ILO’s support in bridging the data gap. “We are grateful for this work that is being done. We are guided by you constantly as a partner”. At the same time, he acknowledged the social partners present for their collaborative efforts in helping to build a perfect partnership.

According to Kelvin Sergeant, ILO Specialist for Sustainable Enterprise and Job Creation, “This assessment went through a rigorous process involving tripartite constituents. We met with selected companies in a range of sectors, conducted workshops, and reviewed secondary data from local, regional and international organizations. We also conducted a survey where over 700 persons were sampled to get their perceptions on the business environment in Guyana”. 

Based on the findings of the EESE assessment, an EESE steering Committee was established to implement changes which would nurture a more conducive environment for business and investment, thereby triggering job creation.  


For further information please contact:

Gennike Mayers | mayersg@ilo.org | +1 (868) 623 7178/ 7704 ext 412