PPP/C Guyana Version 2.0 (Excerpts)… Expanded manufacturing, rural enterprise development and more

WE BELIEVE that manufacturing, rural enterprise development and micro, small and medium scale businesses growth will drive prosperity “by the many, not the few”. The PPP/C will continue to work with the private sector to promote and encourage viable industries; rural, micro, small, medium and large scale, utilizing the agricultural resources base, among other sub-sectors.


Our Commitments will include:
* Incentivizing the establishment of Bank micro-credit facilities for small and medium size business and development projects.
* Incentivizing our banking system so that it works for the greater benefit of businesses in agriculture, services and manufacturing
* Crafting a new industrial programme for coconut, cassava, pepper and bamboo.
* Implementing value added initiatives for the forest industry
* Promoting the packaging and processing of agriculture products – food, cosmetics and medicines, crafts and agri-energy products
* Creating a special development fund for Regions 2, 5, 6 and 10, patterned after the Amerindian Community Development Plan to encourage jobs and wealth creation activities.
* Constructing Call Centres in Enmore, East Coast Demerara, Tuschen, West Coast Demerara, Corentyne, Linden and Essequibo Coast. These call centres will create more than 5000 direct jobs.
* Constructing Chip Factories – Chips factories will be constructed in Wakenaam and Leguan. These factories will create more than 40 direct jobs for women and youths.
* Constructing a Cereal Plant in Anna Regina, Essequibo Coast. This plant is expected to generate a high degree of economic activity in Essequibo and it will create 80 direct jobs.
* Establishing manufacturing and processing plants to use cassava, rice and plantain for value-added commercial markets.
* Providing fiscal incentives to MSMEs, especially to encourage investment in the manufacturing sector.
* Establishing Revolving Funds to assist start-up businesses in rural communities. These facilities will also be used to develop the credit worthiness of small entrepreneurs so that they would be        able to access funds from the formal financial system in the future with minimal support from Government.
* Collaborating with reputable international agencies to develop and implement cluster programmes.
* Existing industrial estates will be so managed to make it easier for investors to expand or initiate business activities.
* Developing industrial and commercial zones within new and existing housing settlements for MSMEs consistent with government’s agenda to promote Local Economic Development (LED).
* Entering into Public Private Partnerships with MSMEs to develop products with great export potential, for example, rice-noodles/pasta, juices and coconut.
* Establishing more Guyana Shops within and outside Guyana to market locally produced items. Additionally, local supermarkets will be encouraged to promote locally produced goods.

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