VICE-PRESIDENT Dr. Bharrat Jagdeo has called for a “business model” to drive the development of sports in the country, emphasising that government investment must extend beyond infrastructure to create a sustainable economic framework.
Speaking at a recent Youth Forum of the Guyana Energy Conference and Supply Chain Expo, Dr. Jagdeo indicated that while the government is investing in facilities, including five new stadiums slated to open in 2025, a shift in mindset is needed.
He lamented the “archaic thinking” of some sports associations, which he believes are hindering progress by failing to embrace a professional, income-generating approach.
“Many of the associations still have archaic thinking,” Jagdeo said. “We want to work with them, but many don’t have a vision for the sector.”
He stressed the need for programmes that professionalise sports and create opportunities for athletes to earn a living.
Dr. Jagdeo acknowledged the challenge posed by Guyana’s small population and suggested “internationalising” sports to attract a larger audience and generate more revenue.
He cited an upcoming international boxing event as an example of this strategy.