GUYANA POISED TO TAKE OFF

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– Trinidadian Trade Minister
A Trinidadian team of Government Ministers and private investors that arrived here last week for the just-concluded and highly successful International Building and Construction Expo, on Friday last, met with Guyana’s Ministers of Housing, Finance and Tourism along with members of the private sector at the Guyana International Conference Centre to participate in discussions on the way forward for the two countries.
Minister of Housing and Water Mr. Irfaan Ali alluded to the massive transformation Guyana has seen in recent years and welcomed the team to the country.
He stated that during 2005-2006, some 60 percent of Guyana’s economic wealth was lost due to the massive floods. However, the economy has risen to grow at an average of four percent, with the inflation rate reduced. “We are on the road of great opportunities and potential in Guyana,” Ali declared.
He posited that the opportunities in Guyana offer a safe zone for investment per capita and urged that the Trinidadians explore these opportunities to the fullest.
“We want to discuss those opportunities and commence a relationship that we can work on as we work towards improving bilateral relations and expansion between the two countries,” he posited.
Minister of Finance Dr. Ashni Singh remarked that, amidst the financial challenges worldwide, Guyana’s economy stood up and came through the economic challenges.
He noted that, looking back at Guyana 20 years ago, one would see a very systematic effort in the past years to move the country forward.
“We have spent much of the last decade rebuilding the institutions in Guyana, the democratic institutions, confidence in the democratic processes and the democratic system,” the Guyanese Finance Minister stated.
Minister Singh also alluded to the fact that confidence has been restored and the democratic institutions are alive and are functioning in Guyana and the Guyanese economy.
Trinidad’s Minister of Trade and Industry Mr. Steven Cadiz said that “Guyana has it…to really move forward now; it is really and truly Guyana’s time. The rest of the Caribbean had its moment of glory and now Guyana is very much poised to jump off”.
Cadiz noted that if the Caribbean countries are not fully supported by each other, then “we would all lose at some stage. As such, everyone needs to come together and support each other.”
Trinidad’s Minister of Housing, Dr. Roodal Moonilal also alluded to the massive developments seen in Guyana. He noted that it is through the vision of Dr. Cheddi Jagan and President Bharrat Jagdeo that has led the country to its ‘historic time’ in terms of industrial and commercial development.
He also commended the housing ministry and the Government of Guyana for the enormous strides made in the housing sector.

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