CHIEF Executive Officer (CEO) of Guyana Office for Investment (Go-Invest), Mr. Geoffrey Da Silva said, yesterday, that the Low Carbon Development Strategy (LCDS) will not impact the furniture sector adversely. Responding to concerns raised by some manufacturers who participated in the just concluded GuyExpo 2010, he said the problem is sourcing material when needed not its unavailability.
According to him, that is a challenge the Private Sector and the Guyana Forestry Commission (GFC) are working to address.
Da Silva noted that the LCDS, in seeking to protect Guyana’s forests, will not affect the availability of raw materials for manufacturing, especially furniture.
He said, to move forward, manufacturers should place increasing emphasis on high end products and access more lucrative markets where buyers who will pay good prices.
Speaking on behalf of the Private Sector Commission (PSC), its Executive Director, Mr. Roubinder Rambarran said his organisation is working with members and the sector, as a whole, to upgrade the manufacturing industry.
He said Guyana National Bureau of Standards (GNBS) and the national competitive Strategy Unit (NCSU) are being engaged to support this effort.
Rambarran said the PSC’s Trade and Investment Sub-Committee will be advancing that initiative to be supportive of stakeholders in the manufacturing business.
The Sub-Committee’s role is, essentially, to develop positions and recommendations to the PSC Council on matters relating to trade, investment, national competitiveness and other such issues.