TAG: Transport
Across the globe, the urban transportation sector is experiencing rapid expansion, driven by economic growth and a global demographic shift towards urbanisation. Politicians, urban planners and private sector actors are working together to find new solutions for reducing congestion and increasing the speed and efficiency of urban transport.
Oil and gas finds in 2015 lead to the modest growth of the Guyanese economy in 2019, driving total GDP over the $3.6bn mark. 2020 will mark the beginning of the country’s transformation from being a raw materials exporter - and among the least developed countries in the Western Hemisphere - to becoming an oil and gas powerhouse, setting the country up for substantial foreign investment and growth opportunities. The service and energy sectors are best poised for rapid development off the back of oil and gas production, and traditional sectors such as agriculture, timber and tourism are expected to grow in both levels of sophistication and market strength.