Guyana’s rapid emergence as an oil-producing powerhouse has unlocked a wave of opportunities across the business landscape, and women-led enterprises are increasingly positioning themselves to tap into this booming sector.
The Local Content Secretariat (LCS), tasked with ensuring that the benefits of Guyana’s oil wealth are widely shared, has seen a significant rise in the participation of women-owned businesses. In 2024 alone, women-led companies submitted a majority of 54 applications for LCS registration, a notable increase that signals growing confidence and ambition among women entrepreneurs.
According to Dr. Martin Pertab, Director of the LCS, these applications span multiple industries. “We have seen women-owned businesses from various sectors, including catering, accommodations, pest control, local marketing, cargo management, ICT, and food supply, among others,” he explained. What’s more striking, Pertab noted, is that several applications are from businesses in industries not traditionally associated with oil and gas, as outlined in the First Schedule of the Local Content Act.
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