ECOLIT in the Caribbean: foundations are being laid in Guyana

Why Guyana? Because the Caribbean is a wild, booming market

Since 2019, Guyana has been racing ahead in the oil & gas space. In 2024, the country became the third-largest oil producer per capita globally. Its offshore and onshore developments are reshaping its economy and infrastructure in real time.

For context:

Guyana’s proven oil reserves hover around 11 billion barrels (oil equivalent) — concentrated largely in the Stabroek Block, where ExxonMobil, Hess, and CNOOC lead exploration and production. From 2020 to 2023, Guyana’s oil output expanded 425%, making it one of the fastest growing non-OPEC producers in the world.

The construction and infrastructure sectors are surging. In 2024 alone, the construction industry posted ~20% growth, driven largely by oil-related spillover investments.

Government-led plans aim to deliver 50,000 low- and middle-income housing lots by 2025, opening the door for steel, modular, and prefab solutions.

All of this means a huge demand for structural systems, modular fabrication, on-site deployment, and scalable construction technologies, exactly where Ecolit steps in.

What this means for Ecolit?

Our arrival is strategic:

We’re in the thick of it. With such a dynamic local landscape, being first into the field offers first-mover advantages.

Our partner is from the oil & gas industry. That gives us deeper insight into local needs, compliance, logistics, and relationships.

We can support modular, scalable projects. Whether high-density small homes or structural frameworks, our systems are built to flex.

Caribbean, Be Ready — We’re Coming

To the Caribbean market: we see you, we’re aligning with you, and we’re building to meet your pace. Ecolit is more than a supplier — we’re a committed partner in regional growth.

Stay tuned: in just a few weeks, we’ll be live on the ground, proving the power of modular, steel-framed innovation in one of the planet’s fastest-transforming economies.