FINANCE Minister, Dr. Ashni Singh on Wednesday had a first-hand look at the progress being made with construction at the Giftland Shopping Mall at Turkeyen.

Accompanying the Minister were Ian Ramdeo, director of the company developing the Mall, and Robert Carrady, President of Caribbean Cinemas Management, one of the main occupants of the facility.

Carrady is visiting to follow-up on the progress being made on the eight theatres his company is installing in the 265,000 square-foot Mall. It was noted that three of the theatres will have 3D capacity, and will each be able to seat between 130 to 180 persons.
Commenting briefly on developments at the Mall, Dr Singh said the project is further evidence of the strong investor confidence in Guyana’s economic performance. “Here we have a multi-million- dollar project that is locally owned. The investors have taken the initiative; conducted the research; assured themselves of the attractiveness of the project; secured financing; and are now at an advanced stage of construction,” he said.

“Additionally, this project is indicative of how quality of life is improving steadily in our country, to a point where we now have Malls with international-branded stores, State-of-the-Art theatres, and extensive parking facilities to accommodate the wave of vehicular traffic that will be generated by patrons of the Mall. This is further evidence of the progress that is taking place in Guyana today,” Dr Singh added. (GINA)