CGX Energy Inc, a Canadia-based oil and gas exploration company focussed solely on the Guyana-Suriname basin, is set to invest Gy$10M in its social responsibility programme here in 2014, which is double the Gy$5M it invested in the same programme for this year.

The company, in a statement, alluded to the fact that it is significantly vested in the social fabric of Guyana, with a Guyanese co-founder, two board directors who are Guyanese, a Guyanese Co-Chairman and Guyanese country manager.
CGX noted that it has a long history of engaging in the development of Guyana through its social responsibility expenditures, which it regards as investments in the social fabric and competitiveness of Guyana. In 2013, the company is investing Gy$5M in its social responsibility programme while, in 2014, it will be investing Gy$10M.
“Our focus is on education, and having made significant investments already in the research and development sector of the country, we are in 2013 focussing at the primary and secondary schools’ level. We are pleased to be partnering with a number of schools from the educational sector in Guyana on various projects,” CGX stated.
The schools receiving grants for specific projects are:-

1. Queen’s College
2. ISA Islamic School
3. Saraswati Vidya Niketan, and
4. Providence Primary School
Additionally, the Student Programme for Innovation in Science and Engineering will receive Gy$1.2M that will make it possible for a Guyanese student to attend their summer programme and a young cricketer from the Covent Garden Secondary School will receive Gy$100,000 to assist in purchasing cricketing gear.
The cheques are slated to be handed over at a Cocktail Reception this evening.