… through renewed MoU
MACHINERY Corporation of Guyana (MACORP), yesterday, for the third time renewed the Memorandum of Understanding (MoU) between itself and the University of Guyana (UG).The renewal affords MACORP and UG, through the Faculty of Technology, continuous opportunities to further national development by enhancing tertiary education and training, for a period of two years, with the option

of extension.
According to MACORP’s Product Support Manager, Mr. Guillermo Escarraga, the occurrence yesterday is consistent with the company’s mission, which is “to become the undisputed leader in supplying sustainable integrated solutions to customers.”
He said:“We need young engineers that can hit the ground running, that can deliver from day one.
Escarraga added that the company has seen results from the four years the previous MOU was in place and noted the enthusiasm with which it moved to continue.
“Our country requires a skilful workforce today more than ever,” he said, encouraging other private sector entities to follow MACORP’s lead.
Especially grateful
UG Vice-Chancellor, Professor Jacob Opadeyi said “the university is especially grateful for the partnership with MACORP, given the fact that the institution was only able to school engineers and not properly train them.”
With the signing of the MoU, the Faculty of Technology of UG receives $850,000 annually, the money to be used for sponsoring final year projects, sponsorship of research and acquisition of capital items, including books and instructional materials, among others.
The MoU also allows the faculty to utilise MACORP’s services, among them laboratory and testing facilities.
Meanwhile, UG received, as well, a laptop computer, projector and portable screen along with an all-in-one printer, scanner and photocopier.