− says interest a testament to a growing economy

President Dr Irfaan Ali has revealed that as many as 20 companies are vying to establish concrete plants, a service that is in demand with the People’s Progressive Party (PPP) Government’s housing drive and ambitious construction goals.
He made this revelation on Saturday, during his feature address at the opening of Italian company Saipem’s fabrication facility on Water Street, Georgetown. According to the President, the fact that these companies are interested in setting up operations is also testament to the growth of the economy.
“Already, the growth of cargo coming in to the port is exceeding the port facility. That’s another major area. We have to build a modern facility. Massive investment. Private Sector. These are the type of transformational things that would create growth.”
“Linking the new town to Georgetown. Creating opportunities around the new town. There must be a reason why about 20 large concrete plants want to establish in Guyana,” the President also said.
But with this in mind, the President questioned what might be holding back local entrepreneurs in other parts of the country from taking advantage of the unfolding opportunities an expanding economy brings.
“What hampers the local chambers of commerce in Region Three to bring together their business leaders and say, lets form a company and do a concrete plant. We have to learn to break down the individual approach to the collective approach.”










