Mackenzie Multipurpose Stadium to Open Mid-2025

The Mackenzie Multipurpose Stadium in Linden is on track for mid-year completion. Key upgrades include an ICC-standard pitch, automated watering systems, and international-standard floodlights. With a capacity for nearly 4,000 spectators, the stadium will host its inaugural match later this year. This project, part of a larger investment in sports infrastructure, is expected to boost the region's economic and cultural landscape.

Over 1 Million Passengers Processed at Guyana Airports in 2024

Guyana’s airports processed over 1.07 million passengers in 2024, marking a 15% increase compared to the previous year. This surge, attributed to new airlines and routes, highlights Guyana's growing importance as a regional travel hub. Additionally, cargo handling increased by 20%, benefiting export-driven businesses. The Cheddi Jagan International Airport (CJIA) also introduced advanced security measures to enhance passenger safety.

Business Opportunities Based On Today’s Developments

Small Enterprises

1. Local Transport Services for Infrastructure Projects

   • Opportunity: Provide logistical support and small-scale transport services for materials and personnel working on projects such as the Ogle-to-Diamond road expansion and the Mackenzie-Wismar Bridge.

   • Notes: Focus on affordability and reliability to cater to contractors. Potential for long-term contracts with medium-sized contractors and suppliers.

2. Catering and Food Delivery for Project Sites

   • Opportunity: Supply meals and refreshments to workers at large construction and development sites (e.g., bridge construction, road extension, and forestry operations).

   • Notes: Partner with local suppliers to ensure fresh, affordable options. Emphasize timely delivery and quality to build a reputation.

3. Eco-Friendly Packaging for Exports

   • Opportunity: Develop and supply biodegradable packaging solutions for the expanding forestry and agricultural export sectors.

   • Notes: Highlight eco-conscious practices to align with international market demands, particularly for forestry products. Partnerships with exporters like ExxonMobil's local suppliers and forestry operators can secure steady orders.

Medium Enterprises

1. Specialized Equipment Rentals and Maintenance

   • Opportunity: Rent heavy machinery such as excavators, compactors, and cranes to contractors working on large projects like the Berbice River Bridge, road networks, and infrastructure upgrades.

   • Notes: Include maintenance services for rented equipment to enhance customer retention. Partner with government-backed projects for stable revenue.

2. Digital Payment Solutions for Transportation and Logistics

   • Opportunity: Develop or expand mobile payment platforms tailored to transportation services, especially with the increase in passenger movement through airports and ferry services.

   • Notes: Integrate Mobile Money Guyana (MMG) APIs for seamless transactions. Focus on scalability to cater to both urban and rural markets.

3. Value-Added Forestry Products

   • Opportunity: Establish facilities to produce semi-finished or finished products like furniture, plywood, or construction materials using locally sourced wood.

   • Notes: Take advantage of the government’s allocation of 5 million hectares to small and medium-scale foresters and align with eco-friendly practices for export viability.

Large Enterprises

1. Renewable Energy Solutions for Industrial Projects

   • Opportunity: Develop solar or wind energy farms to supply power to large-scale infrastructure projects, such as the Mackenzie-Wismar Bridge and forestry operations.

   • Notes: Leverage government incentives for renewable energy investments. These projects align with Guyana's broader energy strategy, including the 19 MW solar farm initiative.

2. Logistics and Freight Operations

   • Opportunity: Establish logistics hubs to support growing cargo operations at airports and ports, which saw a 20% increase in cargo in 2024.

   • Notes: Target both importers and exporters in the booming oil, forestry, and agriculture sectors. Consider incorporating cold chain logistics for perishable goods.

3. Public-Private Partnerships for High-Impact Infrastructure

   • Opportunity: Collaborate with the government to co-develop large-scale infrastructure projects like the Berbice River Bridge or housing developments in Region 10.

   • Notes: Engage early to secure long-term revenue streams, such as toll management or facility operations. Highlight expertise and proven delivery capacity to win contracts.

Additional Thoughts

• Cross-Sector Opportunities: Businesses can explore overlaps, such as offering value-added services (e.g., transportation companies integrating payment platforms).

• Government Collaboration: Engage with government-backed initiatives (e.g., local content legislation) to create steady revenue streams.

• Sustainability Focus: Highlight eco-conscious practices to attract both international investors and customers.

Let me know if you'd like tailored strategies or further exploration into any specific opportunity!

Side Hustle Ideas Based On Today’s Developments

1. Mobile Eco-Friendly Gas Bottle Safety Inspections and Refilling Service

• What It Is: A mobile service that inspects, maintains, and refills household gas bottles for safety and efficiency.

• Why It Works: With increasing safety concerns surrounding gas cylinders, a mobile service that ensures households have safe and functional gas bottles could fill a significant gap. Offering convenient doorstep inspections, leak testing, and refilling aligns with a growing demand for safety and convenience.

• Startup Requirements:

  • Initial equipment investment: Gas leak detectors, safety gear, and a small delivery vehicle (e.g., motorbike or minivan).

  • Partner with certified gas suppliers like Massy.

  • Promote safety awareness to build credibility.

• Potential Revenue: Charge a premium for convenience, e.g., GYD $1,500–$2,000 per inspection or delivery, targeting urban and suburban households.

2. Custom Branded Merchandise for Small Businesses

• What It Is: Provide small-scale custom branding for businesses, such as branded mugs, t-shirts, tote bags, or reusable shopping bags.

• Why It Works: With Guyana’s rapidly growing economy, small businesses and startups want affordable branding options for promotions or giveaways. Offering quick, high-quality services at lower quantities (e.g., 10–50 units) would appeal to businesses that can't afford bulk orders.

• Startup Requirements:

  • Purchase a heat press machine and sublimation printer (~$1,500 USD).

  • Source blank items (e.g., bags, shirts, mugs) locally or online.

  • Design software (e.g., Canva, Photoshop) for basic customization.

• Potential Revenue: Charge GYD $5,000–$10,000 per item batch with customization, scaling up by expanding to events and schools.

3. On-Demand Construction and Home Maintenance Assistance

• What It Is: A small-scale service offering skilled or semi-skilled labor for home improvement, furniture assembly, or minor construction tasks like painting or electrical repairs.

• Why It Works: With an infrastructure boom, many households and small businesses are undertaking upgrades but lack reliable, on-demand labor. A professional service that can be booked via WhatsApp or Facebook for short-term tasks will be highly valuable.

• Startup Requirements:

  • Build a network of skilled laborers and helpers.

  • Basic tools and safety equipment (~$500–$1,000 USD initial investment).

  • Set up a simple online presence for bookings and customer reviews.

• Potential Revenue: Charge GYD $3,000–$5,000 per hour or per task, catering to residential clients and contractors needing additional hands.