BVM Caribbean May

20 BUSINESS VIEW CARIBBEAN VOLUME 10, ISSUE 5 ZECO GROUP OF SERVICES foot workshop that has since doubled in size. It was during the COVID-19 pandemic that the company underwent a major transformation. In April 2021, Byron Biswah joined forces with Zakir Hack, and together they diversified Zeco Industrial Engineering into Zeco Group of Services. This strategic move saw the formation of several subsidiaries, with each business unit contributing to the group’s overall success. In just over two decades, Zeco Group of Services has grown from a small residential fabrication workshop to a major player in Guyana’s industrial sector. With its strong leadership and commitment to diversification, the company is poised to make an even more significant impact in the years to come. As Guyana experiences a surge in investor confidence, businesses are positioning themselves to capitalize on this newfound optimism. While Zeco Group of Services started focusing on fabrication, the company has since diversified and shifted its primary direction toward construction. Biswah explains, “Zeco Industrial Engineering, the original company, was focused mainly on fabrication, which is a construction component, specializing in steel, fabrication, and erection.” The decision to diversify in 2021 was spurred by several factors, including the expansion and evolution of Guyana’s construction sector. Biswah cites the significant growth in the country’s economy and the resulting investor confidence as the driving forces behind this expansion. The discovery of oil by Exxon and the subsequent boom in the oil and gas sector has had a ripple effect, spurring growth in other industries such as agriculture and hospitality. The government, too, has seized the opportunity to raise financing and drive development across the country. To capitalize on this construction boom, Biswah and the board of directors at Zeco made the strategic decision to diversify Zeco Eclisar Financial & Professional Services provides the very best in accounting, auditing, taxation, forensic and financial services to both its local client base and valued foreign clients. With a business model that is second to none, Eclisar provides reliable and quality services with utmost confidentiality and transparency, while maintaining impeccable ethical working practices. Services provided by Eclisar are as impressive as the company itself, cementing its position as a leading player in the accounting sector. Key services include taxation, accounting and auditing consultancy services for companies which includes the preparation of financial statements compliant with International Auditing Standards (IAS), International Financial Reporting Standards (IFRS) and Guyana’s Companies’ Act. Client representation to the Guyana Revenue Authority and National Insurance Scheme is also a major part of what Eclisar prides itself on. Eclisar is cognizant of the fact that operating in the financial services sector requires keen attention to detail and a distinct level of discretion and confidentiality coupled with excellent communication. Represented by a talented and dynamic team of professionals specialized in auditing, accounting and forensic practices, Eclisar provides a welcoming atmosphere and outstanding customer service by creating a positive, personalized experience for each individual client. Eclisar values its clients and believes that it is critical for them to feel confident in choosing Eclisar for their accounting and financial services. True to its motto, ‘Financial and professional services and solutions for organizations in all industry sectors,’ Eclisar goes above and beyond in ensuring it provides viable solutions for its valued clients. A proud member of the Association of Chartered Certified Accountants (ACCA), Society for Human Resource Management (SHRM), and Allinial Global (AG), among others, the company is recognized by renowned industry bodies. Long-standing client relationships are at the core of Eclisar’s business model. Relationships include, among others, Zeco Group of Services, one of the leading fabricators in Guyana. Eclisar’s knowledge of the local market guarantees the delivery of seamless financial services to its impressive client base. Connecting the highest quality financial offerings with some of the industry’s leading clients and beyond, Eclisar Financial Services faces a bright financial future as clear as the Guyana skies. CLISAR