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Live Updates  >  Live Update Details

2026-05-27 21:25:19

[Guyana Launches Overseas Remittance Bonds Within a Week, Infrastructure Investment Triggers a Wave of Return Flows] ⑴ Guyanese President Irrfan Ali announced on Tuesday that the government will officially issue overseas remittance bonds within a week, aiming to raise funds from overseas Guyanese for public infrastructure projects and accelerate the country's transformation agenda. ⑵ Although details such as the bond size, expected yield, and specific projects have not yet been disclosed, the country is currently vigorously promoting multi-billion dollar investment plans in transportation, healthcare, housing, energy, and digital infrastructure. ⑶ Ali revealed that during previous communications with the overseas Guyanese community in Canada, the government received nearly 600 emails, of which 420 expressed encouragement and support, and 159 focused on six specific concerns: business investment, finance, and economic development accounted for 20%, and housing, land, and real estate accounted for 16.4%. ⑷ Security, which was the most pressing concern for overseas Guyans in the past few decades, has now fallen to the bottom, indicating that overseas Guyanese are shifting from worry to actively seeking ways to invest, own property, and participate in national development. (5) Alibaba gave a special recommendation to the Silica City project under construction, calling it a sustainable future city 50 years ahead of its time. The first batch of 200 housing units is nearing completion, and subsequent funding has been secured, signaling the long-term benefits of linking local infrastructure with remittances from overseas Chinese.

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