The housing sector’s premier building show has been suspended as the new administration moves to revamp it.
Minister within the Ministry of Communities, Keith Scott, who has direct responsibility for housing, yesterday confirmed reports that the International Building Expo, scheduled for early August, has been postponed.
“We will definitely be hosting it. However, we need to ensure that it is serving its purpose. From initial assessments, we find that the concept is solid. However, we believe more can be done.”
Scott said he is meeting with his staffers and coordinators to map the way forward to ensure the exposition is not just a big lime.
“It should be a meeting place for consumers and suppliers. For deals to be made. There is so much more that can be done. We are looking into this.”
The annual expo, held at the National Stadium, Providence, was launched in 2010 by former Housing Minister, Irfaan Ali, and has been drawing crowds.
It involves hardware suppliers, service providers like Banks, Insurance Companies and Contractors.
The former Housing Ministry, now under the Ministry of Communities, had been planning for the event to be held from August 7-9th under the theme, “Modernisation through Innovative Planning and Investment”.
The Ministry said that the International Building Expo is a “unique partnership” between the Government of Guyana, specifically the Ministry of Housing and Water, Central Housing and Planning Authority, the private sector and stakeholders in the housing, construction and other sectors related to housing and urban development.
“At this year’s event, the Ministry will be aiming to consolidate and expand the various partnerships that have been established over the years, as it seeks to maintain the momentum in the housing, construction and other sectors involved in housing development, with the objective of securing and ensuring sustainable development in Guyana,” the Housing Ministry’s website stated.
The housing sector has been spurring phenomenal growth in recent years as the previous Government released lands for homes.
However, lands have been running out in the high demand areas like the East Bank Demerara and on the East Coast.
The sector has been creating more jobs for contractors, truck drivers, banks, hardware suppliers and a host of other service providers.
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