Latest update April 26th, 2024 12:59 AM
Nov 16, 2021 Letters
Dear Editor,
Kaieteur News – Guyana’s participation at the recent 26th United Nations Climate Change Conference of the Parties (COP26) has re-established the country as a leading example for net carbon sink even as the country updates its energy strategies and programmes.
President Dr. Irfaan Ali in his recent international travels as a result of COP26 has caused more investors and major financial institutions to reach out to officials and businesses in Guyana seeking investments opportunities.
COP 26 will complement the local oil and gas support sector as Guyana’s targets and ambitions will be in keeping with the expanded Low Carbon Development Strategy (LCDS).
For example, GAICO Construction Inc. is positioning itself to play an important role in the massive development slated for Region Three (Essequibo Islands-West Demerara), with a US$25 million investment in a marine facility at Nismes, West Bank Demerara (WBD).
Mr. Editor, President Ali’s vision for Guyana is one that is futuristic and as a proud son of Region Three, the Region Three Private Sector Inc. (R3PSI) will support this vision in every aspect as actions have already commenced for the construction of a marine facility, which will comprise a wharf, dry dock, and lay down and storage yard for construction materials to supplement the region’s development, including the US$900 million gas-to-energy project which will also create significant opportunities for businesses and persons.
All this development will stimulate hundreds of jobs for Guyanese particularly those persons who were terminated when the Wales Sugar Estate was closed in 2017. Moreover, President Ali’s visit to the United Arab Emirates (UAE) has propelled Guyana with transformative steps into the future and it shows Guyana’s economy has investor-friendly policies.
The Head of State has shown his Government’s business-friendly policies and natural richness that poises the country for massive expansions.
Guyana is the most resource-rich country in the English-speaking Caribbean. If we speak about world food production, environmental services, world-class eco-tourism, freshwater potential, mining opportunities, research and development, human transformation, health, and educational services, then you can see why all eyes will be on Guyana going forward.
Also, the country’s tourism potential was also highlighted, especially its sustainable tourism development drive. President Ali must be commended for his drive behind Guyana’s transformational agenda and the development of its human resources. The R3PSI awaits the implementation of the Head of State policies that will progress the lives of all Guyanese.
Regards
Halim Khan
Head of the Region Three Private Sector Inc. (R3PSI),
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