$688.8M Brigadier Gary Beaton Aerodrome Commissioned

The newly upgraded Eteringbang Airstrip, renamed Brigadier Gary Beaton Aerodrome, was inaugurated in Region Seven near the Venezuela border. The $688.8 million project transforms the airstrip into an all-weather facility, supporting mining, agriculture, and community development. Dedicated to the late Brigadier Beaton, whose leadership was instrumental in the project’s progress, the aerodrome is part of the government’s broader initiative to enhance hinterland connectivity. Additional developments, including a new tarmac and community projects, promise to boost regional economic opportunities.

Tourism Expansion Signals Growing Economic Potential

Guyana’s newly launched tourism initiatives signal a broader effort to diversify its economy beyond oil. With offerings ranging from wildlife safaris to cultural heritage tours, these packages are designed to showcase the country’s natural beauty and rich history. The push aligns with global trends favoring eco-tourism and sustainable travel. Industry leaders are optimistic that these efforts, combined with improved infrastructure, will position Guyana as a major tourism player in the region, generating economic growth and creating jobs.

Business Opportunities Based On Today’s Developments

Small Enterprises (SEs)

1. Eco-Tourism Packages in South Rupununi

   • Opportunity: Collaborate with the Guyana Tourism Authority to develop and market niche eco-tourism packages focused on Indigenous cultural experiences, such as cassava bread-making and traditional crafts.

   • Notes: Small operators could focus on providing personalized, immersive experiences. Partnering with existing lodges or leveraging government grants could help defray startup costs.

2. Artisan Products for Gas-to-Energy Workforce

   • Opportunity: Create and supply handmade products (e.g., crafts, snacks, or eco-friendly souvenirs) to workers and visitors involved in the Gas-to-Energy (GtE) project in Wales.

   • Notes: A focus on sustainability and locally sourced materials could align well with the project's goals and appeal to international visitors.

3. On-Demand Hydration Services for Local Sports Events

   • Opportunity: With increasing sponsorships and sports events (e.g., the Maid Marian Wheat Up Women’s Cup), small businesses can supply bottled water, fresh juices, or energy drinks at venues.

   • Notes: Partnering with organizers or leveraging event promotions could provide immediate visibility. Emphasize eco-friendly packaging to attract sponsors like Guyana Beverages Inc.

Medium Enterprises (MEs)

1. Hospitality Ventures Near the Brigadier Gary Beaton Aerodrome

   • Opportunity: Open mid-tier accommodations or restaurants to serve tourists, mining operators, and workers using the newly upgraded airstrip.

   • Notes: Focus on offering comfort and convenience while showcasing local cuisine and culture. Early partnerships with airlines and mining companies could guarantee steady traffic.

2. Agri-Processing Plant for High-Value Crops

   • Opportunity: Establish a processing facility to tap into the government’s agricultural diversification efforts, focusing on cassava, spices, or aquaculture products for export.

   • Notes: Use precision agriculture techniques and align with government incentives targeting food security and reduced CARICOM imports.

3. Event and Tourism Marketing Agency

   • Opportunity: Provide tailored marketing services for events like the ExxonMobil GSL T20 tournament and South Rupununi tourism packages.

   • Notes: Develop multi-channel campaigns that target international markets, focusing on Guyana’s unique offerings. Consider bundling marketing with logistics coordination for visiting tourists or teams.

Large Enterprises (LEs)

1. Renewable Energy Solutions for Gas-to-Energy Expansion

   • Opportunity: Supply or develop renewable energy technologies to complement the Gas-to-Energy project, such as solar installations for peripheral operations or energy storage solutions.

   • Notes: Position as a partner for sustainability, leveraging expertise in energy efficiency to secure long-term contracts.

2. Infrastructure Development for Hinterland Connectivity

   • Opportunity: Invest in constructing or managing all-purpose tarmacs, hangars, or related infrastructure at upgraded airstrips like the Brigadier Gary Beaton Aerodrome.

   • Notes: Long-term contracts with government or private aviation firms could ensure consistent revenue. Incorporate modern technology for weather resilience to attract international operators.

3. Eco-Lodge Chain in South Rupununi

   • Opportunity: Build a chain of eco-lodges that integrate luxury with sustainability to cater to the growing eco-tourism market in South Rupununi.

   • Notes: Emphasize high-end, eco-conscious amenities that attract international eco-tourists. Partnerships with airlines, the Guyana Tourism Authority, and international travel operators would be key.

General Notes for All Enterprises

• Leverage Partnerships: Collaborate with government initiatives and organizations like Compete Caribbean and the Guyana Tourism Authority to access funding, training, and marketing support.

• Sustainability as a Selling Point: Across all ventures, emphasize sustainability to align with Guyana’s eco-tourism and energy diversification goals.

• Technology Integration: Use digital tools for marketing, operations, or product development to enhance efficiency and global appeal.

• Early-Mover Advantage: Many of these sectors (e.g., eco-tourism, agri-processing) are still developing, providing a unique opportunity to establish a leading presence.

Side Hustle Ideas Based On Today’s Developments

1. Guided Local Tours for South Rupununi Experiences

• Concept: Develop small, personalized guided tours focusing on South Rupununi’s cultural and ecological offerings. This could include Indigenous crafts, cassava bread-making, and nature trails. Use weekends or holidays to host these tours.

• Why It Works: With Guyana investing heavily in tourism, there’s a growing demand for authentic, local experiences. These tours can cater to tourists and locals curious about their heritage.

• Implementation Tips:

  • Partner with lodges or eco-tourism operators to bundle services.

  • Leverage social media to market unique experiences.

  • Use existing vehicles for transportation or rent on a per-trip basis.

• Potential Earnings: Tours priced at $50-$100 USD per person can generate solid income, especially for small groups.

2. Small-Scale Agri-Processing for Local Markets

• Concept: Create value-added products like cassava chips, dried fruits, or spice blends using locally available resources. Use evenings or weekends to produce and sell at local markets or online.

• Why It Works: With Guyana’s push toward agricultural diversification, value-added products align with the market's increasing demand for quality, locally made goods.

• Implementation Tips:

  • Start with low-cost, small-batch production using basic kitchen equipment.

  • Focus on branding and packaging to stand out in local markets.

  • Sell directly to restaurants, small grocery stores, or via social media platforms.

• Potential Earnings: With a minimal upfront investment, profit margins on value-added food products can exceed 50%, making this a lucrative venture.

3. Mobile Hydration and Snack Stations at Events

• Concept: Set up mobile beverage and snack stations at local sports tournaments (e.g., ExxonMobil GSL T20) or events in bustling areas. Offer items like cold drinks, energy snacks, and even regional favorites.

• Why It Works: With the growing sports culture and frequent events in Guyana, mobile food and drink stations are a low-cost, high-demand opportunity.

• Implementation Tips:

  • Invest in a cooler or portable setup for mobility.

  • Source products wholesale to maximize margins.

  • Negotiate vending spots at sports venues or partner with event organizers for exclusivity.

• Potential Earnings: A well-placed station can earn $150-$300 USD per event, depending on traffic.

Key Advantages of These Side Hustles

• Scalable: Each idea can start small and grow with demand.

• Flexible: Ideal for people balancing a full-time job; most activities can be done on weekends or during leisure time.

• Low Initial Investment: These ideas require minimal upfront capital, making them accessible to a wide range of individuals.

• Aligned with Market Trends: All ideas leverage Guyana's expanding economy, focusing on tourism, agriculture, and events fuelled by the oil boom.