Investment Opportunities in the Caribbean

Hotel & Resort Development | GUYANA

can be scaled up in the Rupununi, the growth of these niches will require increased accommodation capacity. Kaieteur Falls Park- single largest free fall waterfall in the world by volume of water pouring over it. The Development of the area as a major tourist destination with Recreational facilities and activities such as Rafting, Boating, Tennis, Horseback riding, Hiking, Kayaking, Mountain biking, Golf.

Contact Persons: Dr. Peter Ramsaroop | Email: goinvest@goinvest.gov.gy

Name of Project: Indigenous Communities

Public Sector

Mode of Investment: Varied

Public Sector can be scaled up in the Rupununi, the growth of these niches will require increased accommodation capacity. Kaieteur Falls Park- single largest free fall waterfall in the world by volume of water pouring over it. The Development of the area as a major tourist destination with Recreational facilities and activities such as Rafting, Boating, Tennis, Horseback riding, Hiking, Kayaking, Mountain biking, Golf. Traditional Tourism Rental Agreements Model: This model is common. Communities own the land. Private sector tourism operators/hospitality management companies own the fixed assets and movable assets to operate on community lands, are responsible for sales and marketing, and pay a percentage of turn-over to the community. Example in Guyana: Arrowpoint Nature Resort. There are several other indigenous communities that would be receptive to this model - for example in Region One, Two and Seven. Undeveloped Wilderness Model: There are increasingly fewer places in the world that are not developed. Demand for wilderness will inevitably markedly increase over time as the number of large, undeveloped landscapes continues to decrease. Hence, there is value in not developing community lands and licensing and leasing the rights to one or more tourism operators through a competitive bid process. Generally only day tours and primitive wilderness camping is permitted, and access is regulated by zoning and provided through a system of tendering and concessions. Examples in Guyana: Kanuku Mountains Protected Area - There are two operators permitted to operate in the Kanuku Mountains Protected Area. There may also be potential to implement this model in the Community Owned Conservation Area in the Konashen District and in the Shell Beach Protected Area.

Investment amount required in US$: Contact GO-INVEST for further information

Contact Persons: Dr. Peter Ramsaroop | Email: goinvest@goinvest.gov.gy

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