Machinery Corporation of Guyana Ltd (MACORP) Chief Executive Officer (CEO), Guillermo Escarraga on Thursday announced plans to build a state-of-the-art facility in the company’s efforts to provide continuous support to strengthen the partnership between Guyana and his company.
MACORP CEO Guillermo Escarraga and MACORP CFO Anita Ramprasad
With the discovery of oil and gas in Guyana’s waters, many companies from all around the world have started to invest into Guyana as the production of oil and gas is expected to boost Guyana’s economy ten-fold. A recent addition to the list of growing investors is Guyana’s only authorised dealer of Caterpillar products, MACORP.
On Thursday at the company’s Construction and Infrastructure Equipment Conference, CEO Escarraga unveiled the much-awaited live action 3D model of a state-of-the-art facility that is to be built in the near future.
According to Escarraga, the mega complex is to be constructed to house all of MACORP’s warehouses, workshops, machine shops, and “a new state-of-the-art training centre which will include classrooms, simulator rooms, […] computer labs” and so much more.
This new training centre will be constructed in hopes to better educate MACORP’s technicians, according to Escarraga.
The entire facility is expected to be constructed on some twenty acres of land at Covent Garden as MACORP begun clearing the land in 2019.
Escarraga, in his remarks at the event, spoke enthusiastically about providing assistance to help build a better future for Guyana through means of technology and knowledge.
“We will provide, to you [the people of Guyana], the most advanced technology in the world for construction. Advanced machinery that is here because you deserve the better – you deserve the best of technology,” he said.
In his brief presentation, the MACORP boss, said that the advancement of their machinery is for the people of Guyana and that the new facility will benefit hundreds of young Guyanese who will acquire the skills needed to help better the future of Guyana.
Escarraga stated that this new project is a show of MACORP’s commitment in providing sustainable, integrated solutions for all of the productive sectors in Guyana.
According to reports, construction of the new mega complex facility is expected to cost US$25 million dollars, which is approximately $5.4 billion Guyana dollars.
Also at the event was Chief Financial Officer, Anita Ramprasad, who called for businesses to take the step up and change along with Guyana as it embarks on a bright and monumental future.
She said, “…Now more than ever, businesses must abandon their old ways of tactical thinking and forget about putting out the fire before you today, solving the issue at hand only, and you must transcend the way you think to a more strategic line of thought”.
The MACORP CFO also urged businesses to develop more long-term plans to safeguard them in the future. Ramprasad also called for businesses to develop more partnerships. She stated that MACORP is ready to work with businesses no matter the size of the job they need to get done.
“Whether you need to upgrade or expand your feet. Whether you need to upscale or rescale your technical team, we are here for you,” she encouraged.
MACORP has been operating in Guyana for nearly twenty-eight years, providing equipment made with the latest technology to assist in Guyana’s production sector, such as mining, construction, agriculture and forestry, while remaining Guyana’s leading company of heavy machinery.
Ramprasad stated that the aforementioned project is expected to commence construction in 2022.