GOVERNMENT stands ready to assist in the development of small businesses all across Guyana.
This was the assurance given by Minister of Finance Winston Jordan, during a site visit to FLOOR IT, a wood establishment, and Barama Company Ltd.

Minister Jordan noted that lumber could be explored in all its facets regarding the exportation of local wood from Guyana.
Jordan made the point that more and more Guyanese should use local wood to construct their homes and avoid importation for the construction of buildings in the country.

The finance minister alluded to the fact that the government intends to bring back confidence to the local housing market, through the availability of local wood for the purpose of building homes and other wood projects.
The finance minister commended FLOOR IT for the exportation of its wood, the quality being produced at the establishment and the investment being made in the production of wood.

Minister Jordan assured all present that the government will definitely support all local business establishments.
Reacting to a question, Minister Jordan informed those present that there was need for new procurement legislation to replace the existing one which was outdated. He added that, with the emergence of new and modern legislation on procurement, the entire procurement legislation will be re-drafted.

Government, Minister Jordan noted, will get firm with ‘shady’ contractual procurement measures and restricted tendering.
There has been much noise regarding the tendering process from the opposition benches, but the minister pointed out that the changes made to the restrictive tendering process had followed the tender legislation.