NEIA celebrates memorandum of understanding signed between Newfoundland & Labrador and Guyana

For Immediate Release
October 16, 2018

The Newfoundland and Labrador Environmental Industry Association (NEIA) is celebrating the memorandum of understanding the provincial government has signed with Guyana.

“This is an important bilateral partnership for our economy and we are pleased to see the Government of Newfoundland and Labrador take this step,” says Kieran Hanley, NEIA’s Executive Director.

“The opportunity to share the experience we have developed in our offshore oil and gas industry with our partners in Guyana is a significant one,” says Hanley, “and that is very much true from the perspective of our expertise in environmental monitoring, protection, and the clean technologies we are developing here at home.”

Hanley says this was plainly evident from the trade missions NEIA has led and those that its members have participated in to Georgetown over the past two years. Despite the distance between Newfoundland and Labrador and Guyana geographically, Hanley says there is much that ties the two places together. “In the time we have spent with our Guyanese friends, it is evident there are many similarities between our people beyond the economic possibilities.”

The growing relationship between the two jurisdictions led to the signing of an MOU between NEIA and the Georgetown Chamber of Commerce and Industry (GCCI) in November, 2017. “Our MOU with the GCCI was a precursor to what we are seeing today; and this announcement is a signal to the private sector in both Newfoundland and Labrador and Guyana that the future is bright for this international relationship.”

Hanley says that the opportunity in Guyana for Newfoundland and Labrador firms extends far beyond just oil and gas. “Alongside its offshore oil and gas growth, Guyana has made a commitment to a sustainable future through the creation of a green state development strategy; as the country grows as will its infrastructure and clean technology requirements.”

“We support Minister Coady in her signing of this MOU. This is a relationship that has potential on both sides for the long term.”

NEIA is a not-for-profit association of businesses that promotes the development of clean technology and the growth of the green economy in Newfoundland and Labrador. NEIA has over 200 members. More information can be found at https://neia.org.

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Media Contact
Kieran Hanley
kieran@neia.org