embraces economic growth, digital expansion, and health equity

HEAD of Region Three Private Sector Inc. (R3PSInc), Halim Khan, has expressed his full support for the government’s recent measures aimed at improving the standard of living for all Guyanese.
Khan highlighted the positive impact these initiatives will have on Region Three and stated his willingness to assist in the distribution of cash grants and help with logistics to ensure the smooth execution of these policies in his region.
Khan praised President Dr. Irfaan Ali’s announcement of a $200,000 one-off cash grant, describing it as a “significant boost to the disposable income of citizens” and an important step toward addressing the rising cost of living.
He emphasised that the $60 billion investment into the pockets of Guyanese will have a transformative effect on the local economy, especially in Region Three.

“This is the kind of leadership and decisive action that our country needs,” Khan said. “These initiatives will not only uplift individual households but will also strengthen community wealth and foster economic growth across all regions.”
In addition to the cash grant, Khan applauded the government’s strategic focus on agriculture, highlighting Guyana’s goal of becoming the Caribbean’s leader in poultry production.

“Agriculture is vital to our non-oil economy, and the government’s policies are setting the stage for long-term growth and sustainability in this sector,” Khan noted.
On healthcare, Khan expressed appreciation for the government’s plan to distribute a $10,000 universal healthcare voucher for children across the nation. “Investing in the health of our children is an investment in the future of Guyana. These preventive measures will help us build a strong, resilient population,” he added.

The R3PSInc Head was also optimistic about the announced 50 per cent reduction in electricity costs by 2025, stating that it would be a “game-changer” for businesses and households alike.
“For manufacturers, electricity is a major operating cost. This reduction will not only improve profitability but will also encourage expansion and innovation. It’s a critical step toward making Region Three a hub for industrial growth and economic development,” Khan remarked.
He continued: “Lower electricity costs will provide much-needed relief to both businesses and residents of Region Three. It’s a clear demonstration of the government’s commitment to improving the lives of Guyanese.”

Additionally, he emphasised the transformative potential of the new Demerara River Bridge and the government’s decision to offer free tolls. “The new bridge is a game-changer for businesses in Region Three. It will significantly reduce transportation costs, improve access to markets, and attract new investments. With free tolls, companies will have even more incentive to expand their operations, boosting economic development and creating jobs throughout the region.”

Khan concluded by commending the government’s aggressive push toward building a digital economy. He noted that the creation of the Guyana Digital School and the investment in digital infrastructure would open new opportunities for education, entrepreneurship, and innovation.
“As a leader in the private sector, I am excited about the potential for our region to thrive in this new digital era. We are ready to work with the government to ensure the benefits of these initiatives reach every corner of Guyana,” Khan stated.
Khan reaffirmed his commitment to collaborating with the authorities in ensuring the success of these measures, particularly in Region Three, and vowed to continue advocating for the well-being of all Guyanese.