Established in 2015, Varaya Group is a leading EPC Design-Build and Project Management firm delivering end-to-end services across the construction, infrastructure, and real estate sectors. Varaya operates across vital markets, including those in the Caribbean, which have been experiencing unprecedented growth driven by the energy sector boom, as well as increased foreign direct investment and rapid urbanisation. To understand more about Varaya’s role across the construction and real estate sectors, we got to speak with Roshen Ramlal, Chief Executive Officer of Varaya, who gave us a great insight into the operations of the company, its current development projects and what sets it apart from the competition, as well as where the company sees itself in the coming years.
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Whilst Varaya began as a project and construction management firm, it has vastly expanded its operations over the last 10 years and is now a recognised EPC Design-Build and Project Management firm delivering comprehensive services across the construction, infrastructure, and real estate sectors. Across these sectors, Varaya’s core business activities include expert project management, FIDIC Engineering, full EPC (Engineering, Procurement and Construction) contracting, real estate development and financial feasibility modelling, value engineering and design peer reviews. It also recently launched its equipment rental division, specialising in short-term rental and leasing of a wide range of specialised construction equipment.
Varaya delivers these services across four primary markets: Trinidad and Tobago, Guyana, Suriname, and the United States. When we spoke to Roshen Ramlal, CEO of Varaya, he outlined that Varaya entered Guyana over a decade ago and has since become one of the leading Project Management and EPC firms in the country, with particular focus on the hospitality and commercial development sectors. Then, in Suriname, Varaya has been spearheading an array of mixed-use developments, including a Hyatt Regency Hotel and a Commercial/Retail concept.
The other key area of development is in the US, where Varaya’s operations are based in Florida, and focus on Pre-Engineered Steel Building (PESB) solutions for the industrial, commercial and other specialised applications. According to Roshen, “Internationally, we leverage strategic partnerships in the United States, Canada, China, Uruguay, and the Dominican Republic to deliver innovative construction solutions and procurement advantages. This global network enables us to source high-quality materials, access cutting-edge building technologies, and deliver cost savings through direct procurement channels.”
Focusing back on the Caribbean, Roshen outlined that the region’s project management and construction sectors are experiencing unprecedented growth, largely driven by Guyana and Suriname as significant energy producers. Varaya’s operations are well-positioned to support the infrastructure build out required for such growth due to its significant experience in delivering industrial facilities, logistics hubs, and specialised structures, as well as pre-engineered buildings supported by its US operation. Past projects such as the Blue Waters Products Limited – AMCOR Warehouse Expansion in Trinidad demonstrate Varaya’s ability to deliver industrial-scale PESB facilities to exacting standards. Thanks to this expertise, Varaya is now a natural partner for energy sector ancillary development. Notably, Varaya served as the EPC contractor for Repsol’s Galeota Shore Base in Trinidad and Tobago, reinforcing its credentials in energy-sector infrastructure. In 2026, Varaya also launched a dedicated equipment rental service line, including cranes, telehandlers, forklifts, and manlifts, to further support project delivery and Logistics support across Guyana.
However, Roshen noted that these markets are not without their challenges, because there is difficulty obtaining financing for developments due to high borrowing interest rates, which is impacting the feasibility, bankability and returns of projects. In addition, skilled labour shortages, inconsistent material procurement, supply chain integrity, quality controls, regulations and contract administration have also presented key challenges for the Caribbean’s construction and project management sector.
Notwithstanding, Varaya is committed to facing these challenges head-on with a 6-pillar strategy. The first pillar sees the company uphold its reputation for delivering projects on time within quality specifications and, critically, within the agreed budget. With this reputation, Varaya is now the partner of choice across the EPC and real estate development industry, backed by its rigorous planning, proactive risk management, and transparent communication with all stakeholders involved in a project. The second pillar is financial feasibility, which enables Varaya to begin every project with in-depth financial modelling, including Project IRR, NPV, Cash-on-Cash returns, equity multiples, and asset valuations. By determining the economic sense of a project before any money is committed, Varaya delivers an investor-first approach to protect capital and ensure the overall bankability of the project.
The third and fourth pillars focus on quality standards and Varaya’s FIDIC Engineering expertise. Varaya is committed to maintaining international quality control protocols on every project, supported by independent testing, material verification, and adherence to recognised building codes. Varaya is currently pursuing ISO 9001 certification, further formalising its commitment to internationally recognised quality management systems. Roshen noted that Varaya has walked away from projects that would compromise safety or quality, and it is this commitment to quality that has earned Varaya an enviable client retention rate and an exceptionally high client referral-based project pipeline.
Then, as FIDIC Engineers on major institutional projects, Varaya is uniquely positioned to provide independent oversight, contractual administration, and design liability management. According to Roshen, “This positions us uniquely – not as an advocate for either owner or contractors, but as an impartial professional ensuring that contractual obligations are met and international standards are maintained. This role is critical for bankability and investor confidence.” Therefore, Varaya is a trusted advisor to banks, institutional investors, and international brands.
The 5th pillar outlines how Varaya utilises local capacity-building to scale its capability whilst maintaining the highest standards of technical expertise across disciplines. In Guyana, Varaya employs a 90% Guyanese workforce. By hiring local talent, Varaya can provide those across its operations with training in international standards, thereby creating sustainable career pathways that support local social development and ensuring the company’s operational continuity for many years to come. Today, Varaya has approximately 50 employees across Trinidad, Guyana, Suriname, and its US operations, supported by over 70 specialised professionals under its direction through specialist sub-contractors.
The 6th and final pillar of Varaya’s success comes from its commitment to brutal honesty. Roshen outlined, “We tell clients the truth about feasibility, costs and risks – even when it means declining a project. This candor builds long-term trust and distinguishes us in a market often driven by optimistic projections rather than rigorous analysis.” This focus on honesty is what has earned Varaya its reputation for high-quality and efficient project delivery, founded on complete transparency to support both its customers and the company’s commitment to successful development.
In fact, when we asked Roshen what he feels is the best part of what Varaya has to offer, he outlined that peace of mind was the company’s greatest value proposition. “In a region experiencing rapid growth with what is at times a very competitive environment, we offer clients certainty: certainty that their investment is protected, that their project will be delivered to international standards, and that risks are being professionally managed.” Roshen continues, “We do not simply build; we ensure that what we build is financially viable, structurally sound, and operationally sustainable. Our feasibility-first approach prevents costly mistakes before they happen. Our quality control protocols catch problems that others miss – or worse, ignore. Our contract administration protects clients from disputes and liability.” Thanks to this commitment to honesty, safety and certainty, Varaya’s portfolio today spans vital residential, commercial, warehousing, and hospitality sectors, with projects currently exceeding US$500 million in total value.
When we asked Roshen about what exciting projects and developments Varaya is currently working on, he outlined several key transformational projects across its operating markets, including the Hyatt Place Providence project in Guyana. Varaya was the project Originator for this US$40 million hospitality project strategically located in Providence, Guyana. It also operates as the main contractor, taking the Hyatt Place Providence development from initial market study and brand negotiation, through to the construction delivery. This development has become a benchmark for quality construction in Guyana’s rapidly expanding hospitality sector, highlighting Varaya’s vital role in this sector’s growth. Other projects in the pipeline include new commercial office buildings, onshore port logistics and operations facilities and a portfolio of low and mid-density residential developments in Guyana and the US.
Over the coming years, Roshen outlined four primary objectives for Varaya. First, Varaya wants to become the Caribbean’s Premier Project and Construction Management Firm. This title would help position Varaya as the first-choice pick by institutional investors, international brands, and governments who are seeking rigorous project delivery, financial discipline and international standards. Then, the company wants to expand its regional footprint, extending its operations into additional Caribbean markets whilst deepening its operations in existing territories.
To advance industry standards and professionalisation across the Caribbean, Varaya is committed to continuing to advocate for strong building codes, standardised contract frameworks, and enhancing professional development in the construction sector., Varaya will continue to enter into strategic partnerships with international technology providers, material suppliers, and specialised contractors who share in its commitment to quality.
A key part of Varaya’s future development will be towards technology integration, as it works to actively incorporate Building Information Modelling (BIM), a digital project management platform, and advanced scheduling tools into its workflows. This technological sophistication differentiates Varaya from traditional contractors and enables more successful project delivery. Alongside this technology, Varaya will continue to optimise its deep understanding of the Caribbean Regulatory environment, local supply chains and cultural contexts, combined with its unwavering commitment to international construction and contractual standards, to deliver competitive solutions that bridge the gap between local knowledge and technologically advanced best practices in the construction sector.
Across Varaya’s operations, there is a prominent focus on successfully delivering key construction and development projects with transparency underpinned by the highest quality and safety standards. With its reputation for honesty, it’s no surprise that Varaya is a leading company supporting investors, governments and international brands who are looking for the best in project delivery, financial discipline and international standards.
We loved speaking with Roshen Ramlal about the success of Varaya and look forward to catching up again soon to see how the company will continue to cement its place both in the Caribbean and beyond. You can learn more about the company by visiting their website at: www.varayaglobal.com.
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