 |
Reports
SERVICES SECTOR
2006 AND JANUARY TO JUNE 2007
| TRANSPORTATION (INCLUDING INFRASTRUCTURE)
SERVICES SUB-SECTOR |
NO. |
COMPANIES |
2006 G$ |
|
2006
JOBS |
2007
JOBS |
1 |
Air Services Ltd (L) (EX) (O)(medium)
(all Regions) (IA) (GO) |
- |
360M |
- |
4 |
2 |
Berbice River Bridge Co. (PPP
– Public private partnership) (L) (N) (PL) (large) (Region
6) |
$1.08 Billion |
$4.6 Billion |
32 |
56 |
3 |
BK Marine (L) (EX) (O) (medium)
(Region 4) (GT) |
$140M |
74m |
22 |
22 |
4 |
Boskalis (FDI) – Holland)
(EX) (O) (medium) (Region 6) |
$300M |
- |
9 |
- |
5 |
Demerara Shipping Company Ltd
(L) (EX) (O) (medium) (Region 4) (GT) |
$80M |
- |
4 |
- |
6 |
Intra-Serv Inc. (bus service
from Lethem to GT) (JV – Guyana/Brazil) (EX) (O) (medium)
(Regions 4, 9, 10) (GO) |
$12M |
- |
4 |
- |
7 |
Guyana National Industrial
Co. Inc. (GNIC) (Tropical Shipping) (L) (EX) (O) (GT) (Region
4) (IA) (GO) |
$142M |
$252M |
13 |
- |
8 |
John Fernandes Ltd (L) (EX)
(O) (large) (GT) (Region 4) |
$135M |
- |
50 |
- |
9 |
J.P. Knights International
(FDI-UK) (EX) (O) (large) (Region 6) |
$500M |
- |
14 |
- |
10 |
Laparkan Air Services (L) (EX)
(O) (medium) (Region 4) (IA) (GO) |
$20M |
$16M |
4 |
- |
11 |
Ogle Airport Inc. (PPP –
public private partnership) (EX) (O) (medium) (all Regions)
(GO) |
$400M |
$600 |
22 |
12 |
12 |
Oldendorff Guyana Inc. (FDI
– Germany (N) (O) (large) (Region 6, 10) (IA) (GO) |
$15 Billion |
$1.6 Billion |
144 |
16 |
13 |
Roraima Airways Inc. (L) (EX)
(O) (medium) (all Regions) (IA) (GO) |
- |
$ 1Billion |
- |
5 |
14 |
Roraima Airways Ground Handling
Services (L) (EX) (O) (small) (Region 4) (IA) (GO) |
$50M |
- |
- |
- |
15 |
Takatu Bridge (FDI-Brazil)
(N) (PL) (medium) (Region 9) |
$234M |
$466M |
23 |
- |
16 |
Trans Guyana Airwasy Ltd (L)
(EX) (O) (medium) (all Regions) |
$300M |
- |
3 |
- |
17 |
Travel Span
GT Inc. (FDI-OG-USA) (N) (O) (medium) (Region 4) (GT) |
$70M |
$40M |
28 |
- |
|
TOTAL |
G$18,463,000,000
US$92,315,000 |
$9,008,000,000
US$45,046,000 |
372 |
107 |
| INFORMATION AND COMMUNICATIONS
TECHNOLOGY SECTOR 2006 / JANUARY TO JUNE 2007 |
| ABBREVIATION |
DESCRIPTION |
NUMBER |
% PERCENTAGE OF TOTAL PROJECTS |
| FDI - Country |
Number of Projects |
18 |
|
| L |
Foregin Direct Investment |
9 |
50% |
| JV |
Local Projects |
7 |
39% |
| N |
Joint Venture Projects |
2 |
11% |
| EX |
New Projects |
9 |
50% |
| O |
Expansion Projects |
9 |
50% |
| PL |
Operating Projects |
15 |
83% |
| NO |
To Start Up/In the Pipeline |
1 |
6% |
| OG |
Not Operating Projects |
2 |
11% |
| |
Projects with Overseas Guyanese |
6 |
33% |
| |
Mirco Projects |
0 |
0% |
| |
Small Projects |
10 |
56% |
| |
Medium Projects |
3 |
16% |
| |
Large Projects |
5 |
28% |
| IA -Investment Agreement -Projects that were
granted fiscal concessions (waiver of Customs Duty, Value Added
Tax and Excise Tax) |
3 are Local and 7 are Foregin Direct
Investment |
10 |
56% |
| GO- Projects GO-Invest work with
a continuous basis with Officers assigned |
14 |
78% |
Foreign
Direct Investment |
Joint
Venture |
USA =3 |
Guyana/Canada=2 |
Barbados =2 |
Projects with
overseas Guyanese from: |
Mexico=1 |
USA =3 |
Canada=1 |
Canada=3 |
| Ireland=1 |
|
| St Kitts=1 |
|
DISPERSION
OF ECONOMIC ACTIVITIES:
Region
4 = 10
Region 10 = 2
Region 6 = 1
All Regions = 5
The criteria to determine the size of the company
was drawn up by the Guyana Manufacturers and Services Association.
SIZE |
NUMBER
OF
EMPLOYEES |
ANNUAL
SALES |
ASSETS |
| Mirco (2 of the following) |
Less than 10 |
Less than G $1 M |
Less than G$250,000 |
| Small (2 of the following) |
Between 10 and 50 |
Between G$1and G$40M |
Between G$250,000 and G$20M |
| Medium (2 of the following) |
Between 50 and 250 |
Between $ 40M and $500M |
Between $20M and $100M |
| Large(2 of the following) |
More than 250 |
More than $500M |
More than $100M |
NEW DIRECT
JOBS are those jobs created by the company for that year. Some
projects also create tens and hundreds of indirect jobs, for example,
GT & T and Digicel. The indirect jobs are not listed in this report.
| # |
COMPANY |
2006 G$
(M-MILLION) |
2007(JAN-
JUN)
G$(M-
MILLION) |
NEW DIRECT
JOBS 2006 |
NEW DIRECT
JOBS 2007 (JAN-JUN) |
| 1 |
Broadband Inc. (Mr. Yong)(L)
(OG – USA) (EX) (O) (Medium)
(broadband services) (Staff of 25)
(All Regions) (IA) (GO) |
$60M |
$30M |
12 |
8 |
| 2 |
CEL*STAR (FDI –
USA - OG)
(EX) (NO) (Large) (cellular services –
bought by Digicel) (All Regions)
(IA) (GO) |
$ 1 Billion |
- |
22 |
- |
| 3 |
DECIPHER Guyana (From
Local –
DDL to FDI –TRS-USA) (EX) (O)
(Small) (Transcription services)
(Staff of 35) (Region 4 - Georgetown)
(IA) (GO) |
$25M |
$10M |
10 |
5 |
| 4 |
DIGICEL (FDI –
Ireland) (N) (O)
(Large) (cellular services)
(Staff of 200) (Acquired CEL*STAR)
(All Regions) (IA) (GO) |
$4 Billion |
$2 Billion |
- |
90 |
| 5 |
E-NETWORKS (Mr. Persaud)
(L)
(OG-USA) (EX) (O) (Small)
(broadband services) (Staff of 20)
(All Regions) (IA) (GO) |
$70M |
- |
15 |
- |
| 6 |
Global Technology Inc.
(JV – Guyana/Canada) (OG –Canada)
(EX) (O) (Medium) (IT training)
(Staff of 60)
(Region 4 - Georgetown) |
$20M |
- |
10 |
- |
| 7 |
Global Services Inc.
(JV – Guyana/Canada) (OG – Canada)
(N) (O) (Small) (Software maintenance
and programming) (Staff of 5)
(Region 4 - Georgetown) |
- |
$10M |
- |
5 |
| 8 |
Guyana Telephone & Telegraph Company
(GT&T) (FDI – USA)
(EX) (O) (Large) (landlines and
cellular services) (Staff of 300)
(All Regions) |
$4 Billion |
$800M |
15 |
- |
| 9 |
Java Technologies ((L)
(N) (O)
(Small) (ISP) (Region 4 –
Georgetown)
(GO) |
$6M |
- |
2 |
- |
| 10 |
Lintel Call Centre (FDI
–Canada)
(N) (NO) (Small) (Call Centre)
(Closed) (Building now used
by Toucan Call Centre)
(Region 10 - Linden) (IA) (GO) |
$25M |
- |
15 |
- |
| 11 |
Nand Persaud International
Communications Inc. (Mr. Persaud)
(L) (EX) (O) (Large) (call centre)
(Staff of 260) (Region 6) (IA) (GO) |
$40m |
- |
50 |
20 |
| 12 |
NT Computeac (Mr. Sweatnham)
(L) (EX) (O) (Small) (IT Services)
(Region 4 - Georgetown) |
$15M |
- |
10 |
- |
| 13 |
PR Inc. (FDI –
Barbados) (N) (PL)
(Small) (cellular repairs) (Region 4)
(GO) |
- |
$10M |
- |
6 |
| 14 |
Qualfon Services (FDI
– Mexico)
(N) (O) (Large) (call centre) (Region 4) (IA) (GO) |
$400M |
$200M |
150 |
200 |
| 15 |
Redspider Webmaster (Mr.
Datadin)
(L) (EX) (O) (Small) (Web Development
and Internet Services)
(Region 4 - Georgetown) (GO) |
$40M |
- |
2 |
- |
| 16 |
Resonant Technologies
(Mr. Garraway) (L) (N) (O) (Small)
(Web Development and
internet Services) (Region 4 -
Georgetown) (GO) |
$15M |
- |
4 |
- |
| 17 |
Telecom Solutions (FDI
– Barbados)
(N) (O) (Medium)
(cellular assembly) (Region 4) (IA) (GO) |
$100M |
- |
70 |
- |
| 18 |
Toucan Call Centre
(Mr. Walker)
(FDI – St. Kitts) (N) (O) (Small)
(Call Centre (IA) ( |
- |
$30M |
- |
60 |
| |
OVERALL TOTAL |
G$9,780,000,000
US$48,900,000
|
G$3,090,000,000
US$15,450,000
|
387 |
394 |
| |
FDI and JV TOTAL
11 Projects (including projects with overseas Guyanese)
|
G$9,570,000,000
US$47,850,000 (98% of total)
|
G$3,060,000,000
US$15,300,000
(99% of total)
|
292 (75% of total) |
366 (93% of total |
| Mining
Sector Period: 2006/January to June 2007 |
| |
Company |
2006
$G
(M-Million)
|
2007
(Jan-June)
$G
(M-Million
|
New
Direct
Jobs
2006
|
New Direct
Jobs
(Jan-June) 2007
|
| 1 |
Acme Laboratories
(FDI-Chile) (N) (O) (medium) (testing)
(Region 4 (IA )(GO
|
$35M |
$10M |
25 |
5 |
| 2 |
AGV Natural Resources Development
Inc.
(JV-Guyana/USA)
(N)(O) (medium) (gold)
(Region 7) (GO)
|
$160M |
$80M |
40 |
10 |
| 3 |
Alpha One Corporation
(FDI-Canada)
(N) (O) (medium) (gold)
(Region 7)
|
$800M |
$400M |
35 |
5 |
| 4 |
BHP Billiton Inc.
(FDI-Australia) (EX) (O) (medium) (bauxcite)
(Region 8)
|
$200M |
$100M |
26 |
10 |
| 5 |
Bosai Minerals Guyana Inc.
(acquisition of Omai Bauxite Company) (bauxite)
(FDI-China) (N)(O) (large)
(Region 10)
|
$9 Billion |
$2 Billion |
- |
14 |
| 6 |
Correia Mining Company
(L)(EX) (O) (small) (gold)
(Region 7)
|
$40M |
- |
- |
- |
| 7 |
Essar (Guyana) Inc.
(FDI-India) (N)(O) (small)
(iron ore & manganese)
(Region 1,9,10) (GO)
|
$80 |
$100M |
8 |
7 |
| 8 |
ETX Mining Co
(FDI-USA) (EX) (O) (medium) (gold)
(Region 7)
|
$90M |
$80M |
15 |
4 |
| 9 |
Exxon Mobil Century Ltd
(FDI-USA) (N)(PL) (medium) (oil) (Region 6)
-
|
- |
$300M |
- |
41 |
| 10 |
Gold Port Limited
(FDI-Canada) (N)(O) (small)
(Region 7)
|
$200M |
$40M |
36 |
4 |
| 11 |
Goldstone Resources Inc.
(FDI-Canada) (EX) (O) (small) (gold)
|
$30M |
$10M |
20 |
- |
| 12 |
Groundstar Resources Inc.
(FDI-Canada) (EX)(O) (small) (oil)
(Region 7)
|
$300M |
$100M |
23 |
- |
| 13 |
Guyana Goldfield Inc.
(FDI-Canada)(EX)(O)(small)
(gold) (Region 7)
|
$307M |
$153M |
17 |
8 |
| 14 |
Linden Quarries
(L) (N)(O) (large) (stone)
(Region 10) (IA) (GO)
|
$460M |
$40M |
31 |
10 |
| 15 |
Omai Bauxite Company
(acquired by Bosai Minerals)
(FDI-China) (EX) (O) (large)
(bauxite)
(Region 10)
|
$3Billion |
- |
26 |
- |
| 16 |
Omai Gold Company
(FDI-Canada) (EX)(O) (large) (gold)
(Region 8)
|
$200M |
$600M |
84 |
- |
| 17 |
ON-Energy (CGX)
(FDI-Canada) (EX) (O) (large) (oil)(Region 6)
|
$40M |
$800M |
10 |
60 |
| 18 |
Prometheus (CAMECO) Inc.
(FDI-Canada) (EX) (O) (small) (uranium)
(Region 7,8,9,10)
|
$200M |
$140M |
32 |
- |
| 19 |
Repsol
(FDI-Spain) (N) (PL) (oil)
(small) (Region 6)
|
- |
$90M |
- |
14 |
| 20 |
RUSAL (Russian
Aluminum) (BCGI-Bauxite
Company of Guyana Inc.)
(FDI-Russia)(EX)(O) (large)
(bauxite) (Region 10)
|
$4 Billion |
$2 Billion |
115 |
35 |
| 21 |
Sacre-Coeur Minerals Ltd.
(FDI-Canada) (N)(O)
(large) (gold)
(Region 7)
|
$200M |
$250M |
46 |
- |
| 22 |
Sadhna Petroleum
(FDI-Trinidad & Tobago)
(N)(O) (medium) (oil)
(Region 2,6,9)
|
$174M |
$120m |
26 |
- |
| 23 |
Strata Gold Corporation
(FDI-Canada) (N) (O) (medium) (gold
(Region 1)
|
$160M |
$140M |
27 |
- |
| 24 |
U308 Corporation
(FDI-Canada) (N)(O) (medium)
(uranium)
(Region 1)
|
$90M |
$110M |
18 |
10 |
| 25 |
Vanessa Mining Company
(FDI-Canada) (EX)(O) (small)
(diamond)
(Region 9)
|
$100M |
$60M |
12 |
- |
| |
Overall Total |
G$19,866,000,000
US$99,330,000
|
G$7,723,000,000
US$38,616,000
|
|
|
Light
Manufacturing Sector |
|
|
2006
$G
(M-Million)
|
2007
(Jan-June)
$G
(M-Million)
|
|
New Direct
Jobs
(Jan-June) 2007
|
1 |
Adzer
Win Doors Inc.
(Mr. Carlos Adams)
(L)(UP)(O) (small) (GT) (windows)
(Region 4) |
- |
$24M |
- |
4 |
2 |
Bhola
Tannery
(L) (EX) (O) (tanning)
(Region 4) |
- |
$7M |
- |
- |
3 |
Brasimex
Inc.
(JV-Guyana/Brazil) (UP) (O) (small)
(mining equipment) (Eccles Estate)
(Region 4) (GO) |
- |
$6M |
- |
2 |
4 |
Brutal
Tracks Sound Studio
(Mr. Duncan)
(L)(N)(O) (small) (GT)
(musical production – CDs)
(Region 4) (GO) |
$47M |
- |
2 |
- |
5 |
Caribbean
Containers Company
(FDI-USA) (UP) (O) (large)
(packaging)
(Region 4) (GO) |
$6M |
- |
- |
- |
6 |
Dalip
Trading
(L) (EX) (O) (small) (Eccles Estate)
(Region 4) (IA) (GO)
|
$14M |
- |
6 |
- |
7 |
DENMOR
Garments Inc.
(Mr. Dennis Morgan)
No. 1 Plant (JV-Guyana/USA) (UP) (O) (large)
(Garments) (Coldingen Estate)
(Region 4) (IA) (GO)
|
$24M |
$15M |
200 |
- |
8 |
DENMOR
Garments Inc.
No. 2 Plant (JV-Guyana/USA) (N) (O)
(medium)
(Garments)
(Region 6) (GO)
|
$60M |
$30M |
- |
150 |
9 |
Densu
Ventures
(Mr. Kabutey)
(FDI-Canada) (UP) (O) (small) (GT)
(cocoapeat fertilizer)
(Region 4) (IA) (GO) |
$5M |
$10M |
3 |
- |
10 |
Dyna’s
Embroidery Limited
(Mr. De Souza)
(OG-Canada) (L) (EX) (O) (small) (GT)
(Region 4) |
$7M |
- |
3 |
- |
11 |
Essential
Supplies Inc.
(Mr. Singh)
(L) (N) (O) (small) (pharmaceuticals)
(Eccles) (Region 4) ( IA) (GO) |
$10M |
$3M |
6 |
4 |
12 |
Fibre
Tech Company
(Mr. Alli)
(L) (OG – Canada) (EX) (O) (small)
(fibre-glass products)
(Region 4) (GO) |
$18M |
$15M |
4 |
- |
13 |
Fredco
and Digi Lab
(L) (N) (O) (small) (photographic products)
(Linden) (Region 10)
|
$3M |
- |
1 |
- |
14 |
Gafoors
Manufacturing
(L) (EX) (O) (large) (plastic water tanks &
windows)
(Region 4) |
$52M |
- |
8 |
- |
15 |
Ganesh
Trading Enterprise
(L) (N) (O) (small)
(plastic bags and plastic packaging)
(Region 4) (GO)
|
$15M |
$10M |
5 |
- |
16 |
Goodwill
Enterprise Inc.
(Mr. De France)
(JV-Guyana/USA) (EX) (O) (OG) (small)
(recyclable batteries)
(Region 4) (IA) (GO) |
$40M |
$20M |
5 |
4 |
17 |
Guyana
Color Crete Manufacturing Inc.
(National Hardware & Costa Rican Company)
(JV-Guyana/Costa Rica) (EX) (O) (medium)
(premium thinset and grout)
(Region 4) (IA) (GO) |
$70M |
$30M |
5 |
4 |
18 |
Guyana
National Industrial Company (GNIC)
(part of Laparkan Group of Companies)
(L) (EX) (O) (large) (GT) (manufacturing
barges and
other steel products)
(Region 4) (IA) (GO) |
$100M |
$300M |
15 |
22 |
19 |
GuyPak
Distributors
(Kevin Mohamed and Ally)
(JV – Guyana/Trinidad and Tobago
(N)(O) (small)
(GT) (packaging of food)
(Region 4) (GO) |
$19M |
$10M |
10 |
- |
20 |
Hassan
Manufacturing
(Mr. Hassan)
(L) (N) (O) (small) (packaging)
(Eccles Estate)
(Region 4) (IA) (GO) |
$120M |
$300M |
4 |
10 |
21 |
Hassan
Printery
(L) (UP) (EX) (O) (medium)
(printing of magazines and other high
quality printed products)
(Eccles Estate)
(Region 4) (IA) (GO) |
$22M |
$10M |
- |
- |
22 |
Irene’s
Caribbean Handicraft Ltd
(Mrs. Bacchus)
(L) (EX) (UP) (micro) (wooden products)
(Linden)
(Region 10) (IA) (GO) |
- |
$3M |
- |
3 |
23 |
Kishan
Windows Inc.
(L) (UP) (EX) (O) (medium)
(windows) (Region 4) |
- |
$58M |
- |
7 |
24 |
Kross
Kolor Studio
(Mr. Simon)
(L) (UP) (O) (small) (GT)
(musical productions CDs)
(Region 4) |
$10M |
- |
1 |
- |
25 |
Medpharm
Company
(Dr. Niamatali)
(JV-Guyana/UK) (N) (O) (small) (pharmaceuticals)
(Region 6) (IA) |
$40M |
- |
4 |
- |
26 |
Mike’s
Pharmacy Limited
(L) (N) (O) (small) (pharmaceuticals)
(Eccles Estate) (Region 4) |
$24M |
- |
4 |
- |
27 |
Multi
Builders Company
(L) (N) (O) (small) (display cases and windows)
(Eccles Estate)
(Region 4) |
$10M |
$10M |
8 |
4 |
28 |
National
Milling Company (NAMILCO)
(FDI-USA) (UP) (O) (large)
(flour products)
(Region 4) (IA) (GO) |
$50M |
- |
6 |
- |
29 |
New Guyana
Pharmaceutical Company
(with CIPAL of India) (JV-Guyana/India)
(UP) (EX) (O) (large) (pharmaceutical)
(Region 4) (GO) |
$34M |
- |
- |
- |
30 |
Platinum
Recording Studio
(Mr. Henry)
(L) (N) (O) (small) (GT)
(musical productions-CDs)
(Region 4) (GO) |
$40M |
- |
2 |
- |
31 |
Pressy
Enterprise
(Mr. Selwin Prescott)
(L) (EX) (O) (small) (GT)
(photographic products)
(Region 4) (GO) |
- |
$11M |
- |
2 |
32 |
Queens
Atlantic Investments |
- |
$1 Billion |
- |
42 |
33 |
(JV-Guyana/India/USA)
(N) (PL) (large) |
|
|
|
|
34 |
(pharmaceuticals/textiles/printing/building |
|
|
|
|
35 |
materials) (GT) |
|
|
|
|
36 |
(Region
4) (IA) (GO)
A] Global Textile (Guyana) Inc.
(JV – Guyana/China/India)
(N) (PL) (medium) (GT)
US$ 2M
[B] Healthcare Life Sciences
Inc.
(JV – Guyana/India) (N) (PL)
(medium) (GT)
US$ 9M – 170 jobs
[C] Global Printing and Graphics
Inc.
(L) (N) (PL) (medium) (GT)
US$ 4M – 120 jobs
[D] Health International Inc.
(JV – Guyana/India) (N) (PL)
(medium) (GT)
US$ 4.5M – 60 jobs
[E] Global Hardware Inc.
(L) (N) (PL) (medium) (GT)
US$ 7.5M – 250 jobs |
|
|
|
|
|
- |
|
|
|
37 |
Stallion
Staples
(Mr. Lewis)
(L) (N) (O) (micro) (GT)
(manufacturing of staples)
(Region 4) (GO)
|
- |
$3M |
- |
2 |
38 |
TCL Guyana
Limited
(FDI-Trinidad & Tobago) (N) (O) (large)
(GT) (cement products)
(Region 4) (IA) (GO) |
$390M |
$210M |
14 |
20 |
39 |
Torginol
Paints
(L) (EX) (UP) (O) (large)
(GT) (manufacture of paints)
(Region 4) (IA) (GO) |
$75M |
- |
8 |
- |
40 |
Twins
Manufacturing
(Mr. Feroze)
(L) (N) (PL) (small)
(pharmaceuticals)
At Eccles Estate
(Region 4) |
- |
$60M |
- |
10 |
TOTALS
|
G$1,
305, 000, 000
(US$6, 525, 000)
|
G$2, 147,
000, 000
(US$10, 735, 000) |
324 |
290 |
Wood Products Sector Period: 2006/January to June 2007 |
(FDI-country)
Foreign Direct Investment |
(IAs)
Investment Agreements
|
(JV)
Joint Venture Projects
|
(L)
Local Projects
|
(N)
New Projects
|
(EX)
Expansion
Projects
|
(O)
Operating
Projects
|
24
(38%) |
31
(49%)
|
7
(11%)
|
32
(51%)
|
23
(37%)
|
40
(63%)
|
47
(75%)
|
(PL)
To Start Up/In the Pipeline |
(CL) |
OG)
Project with Overseas
|
Micro |
Small |
Medium |
Large |
14
(22%) |
2
(3%)
|
10
(16%)
|
1
(2%)
|
34
(54%)
|
21
(33%)
|
7
(11%)
|
| Dispersion of Economic Activities by
Region |
Region 1 |
Region 2 |
Region 3 |
Region 4 |
Region 5 |
More than one
Region
|
|
2 |
2 |
3 |
21 |
43
2% |
|
|
Region 6 |
Region 7 |
Region 8 |
Region 9 |
Region 10 |
|
|
1 |
1 |
0 |
3 |
24
38% |
5
8% |
|
2% |
2% |
-- |
5% |
|
24
FDI PROJECTS |
7
JV (Joint Venture) PROJECTS |
10
PROJECTS WITH OG (OVERSEAS GUYANESE) FROM: |
31
INVESTMENT AGREEMENTS (IA’s)
of which
|
5
|
China |
Guyana/USA |
3 |
Canada |
4 |
18 are Local |
| 4 |
Canada |
Guyana/UK |
1 |
USA |
4 |
11 are Foreign |
| 3 |
Malaysia |
Guyana/Germany |
1 |
UK |
1 |
2 are Joint Ventures |
| 3 |
USA |
Guyana/Trinidad & Tobago |
1 |
Cayenne |
1 |
|
| 2 |
UK |
Guyana/Malaysia |
3 |
|
|
| 2 |
Holland |
|
|
|
| 1 |
Denmark |
|
|
|
| 1 |
Brazil |
|
|
|
| 1 |
Cayenne |
|
|
|
| 1 |
Venezuela |
|
|
|
| 1 |
Trinidad and Tobago |
|
|
|
| Wood Products Sector Period: 2006/January
to June 2007 |
| |
Company |
2006
$G
(M-Million)
|
2007
(Jan-June)
$G
(M-Million
|
New Direct
Jobs
2006
|
New Direct
Jobs
(Jan-June) 2007
|
| 1 |
Baishanlin Limited
(FDI – China) (N) (O) (medium)
(wood processing)
(Region 10) (IA) (GO)
|
-`
|
$400M
|
-
|
60
|
| 2 |
Barama Buck Hall
(FDI – Malaysia) (EX) (O) (Large)
(wood processing)
(Region 2) (staff of 1,200) (IA)
(GO)
|
$7.32 Billion
|
$2.76 Billion
|
150
|
350
|
| 3 |
B & F Import/Export Limited
(Mr. Boodhoo)
(L) (EX) (O) (Small)
(sawmill) (Region 10)
|
$8M
|
$5M
|
10
|
8
|
| 4 |
Bulkan Timber Works
(Mr. Bulkan)
(L) (EX) (O) (Medium)
(value added wood products)
(Region4) (staff of 19) (IA) (GO)
|
$10M
|
$6M
|
5
|
-
|
| 5 |
Caledonia Sawmill
(L) (EX) (O) (Small) (sawmill)
(Region 4)
|
-
|
$8M
|
-
|
7
|
| 6 |
Caribe Products International
(Mr. Hinds)
(L) (EX) (CL) (small) (wooden homes)
(Region 10) (IA) (GO)
|
$7M
|
-
|
-
|
7
|
| 7 |
C & F Lumber
(Mr. Grenville)
(FDI-Canada-OG) (N)(PL) (micro)
(sawmill) (Region 10) (GO)
|
$9M
|
$8M
|
4
|
2
|
| 8 |
Chatham Energy
(Carbon Credits)
(FDI-USA)(N)(PL)(medium)
(Regions 6, 9,10) (GO)
|
$3M
|
$4M
|
-
|
2
|
| 9 |
CML Trading
(Mr. London)
(FDI-UK-OG) (EX) (O) (sawmill)
(small) (Region 10) (GO)
|
$94M
|
-
|
20
|
-
|
| 10 |
Conservation International]
(FDI-USA)(N) (O) (small)
(conservation)
(Region 9)
|
$20M
|
$20M
|
-
|
-
|
| 11 |
CRL (Caribbean Resources Limited)
(FDI-Trindad & Tobago)(EX)(O)
(medium)(logging) (Region 10)
|
$ 70M
|
$30M
|
31
|
-
|
| 12 |
Davo Lumber Yard
(L)(EX)(O) (medium) (sawmill)
(Region 4)
|
$12M
|
-
|
12
|
|
- |
| 13 |
Demerara Timbers Limited
(FDI-Malaysia (EX)(O)(large)
(logging) (Region 10) (staff of 209)
(IA) (GO)
|
$1.2Billion
|
-
|
35
|
-
|
| 14 |
DLH Nordisk
(FDI-Denmark)(N)(O)(small)
(international buyer of value added products) (Regions
4, 7, 10)
|
$16M
|
$25M
|
3
|
-
|
| 15 |
Durable Hardwoods Sawmill
(Mr. Kumar)
(L)(EX)(O)(small) (sawmill)
(Region 9) (IA) (GO)
|
$28M
|
$27M
|
18
|
6
|
| 16 |
Dyal Sawmill
(L)(EX)(O)(Small)(sawmill)
(Region 10) (IA) (GO)
|
$3M
|
$6M
|
9
|
4
|
| 17 |
Fine Woods Marketing
(Mr. Cummings)
(L)(EX)(O)(medium)
(wood processing) (Region 4) (IA) (GO)
|
$20M
|
$200M
|
15
|
10
|
| 18 |
Forest Enterprises Limited
(FDI-Holland)(N)(PL)(large)
(logging and value added products)
(Region 1) (IA) (GO)
|
-
|
$300M
|
-
|
40
|
| 19 |
Georgia Carribean (Dickey Seed Int’l)
(JV-USA/Guyana)(EX)(O)(small)
(paulownia tree farm ) (Region 10) (GO)
|
$40M
|
$10M
|
14
|
-
|
| 20 |
Goodwill Wood Processing
(Mr. De France)
(L)(OG-USA)(N)(PL)(small)
(sawmill) (Region 4) (IA) (GO)
|
-
|
$64M
|
-
|
20
|
| 21 |
Gopi Woodworking
(L)(EX) (O) (small) (sawmill)
(Region 4) (GO)
|
-
|
$23M
|
-
|
5
|
| 22 |
Guy-America Furniture
(Mr. Alli) (L)(EX)(O)(medium)
(furniture)
(Region3)
|
$14M
|
-
|
3
|
-
|
| 23 |
Guyana Furniture Manufacturing
(Mr. M. Singh)
(L)(EX)(O)(large) (doors/flooring )
(Region 4) (staff of 42) (A)
(GO)I
|
$100M
|
-
|
40
|
-
|
| 24 |
Guyana Goldfields Company
(Mr. Dwarka)
(L)(EX)(O)(small) (portable sawmill)
(Region 10)
|
$8M
|
-
|
7
|
-
|
| 25 |
Guyana Mat Company
(L)(EX)(O)
(small) (crane mats)
(Region 4) (staff of 14) (IA)
(GO)
|
$20M
|
$60M
|
6
|
-
|
| 26 |
Guyana Timber Products Company
(FDI-Holland)(EX)(O)(medium)
(crane mats/flooring etc.)
(Region 4) (staff of 56) (GO)
|
$16M
|
-
|
8
|
-
|
| 27 |
HADCO Woodworking
(Mr. David)(L)(EX)(O) (small)
(dressed lumber)
(Region 4) (IA) (GO)
|
$50M
|
-
|
20
|
| |