Building expo presents opportunity to engage global partners, explore new technologies – PSC Chairman

The International Building Exposition 2024 presents a unique opportunity for Guyana’s private sector to engage with global patterns, explore cutting-edge technologies, and harness the potential of Guyana’s rapidly expanding construction, real estate, and agriculture sectors.

He believes that the event is a platform where innovation meets opportunity and where the collective vision of a progressive and sustainable Guyana could be showcased globally.

This was highlighted by Chairman of the Private Sector Commission (PSC), Komal Singh during the opening ceremony for the expo at the National Stadium, Providence, Thursday evening.

“This Expo is more than just an exhibition. It is a gateway to collaboration, innovation and growth. The event provides an ideal platform for businesses to showcase their products and services, forge strategic alliances, and contribute to the growing transformation of Guyana’s infrastructure landscape,” Singh underscored.

More than 500 local and international exhibitors are participating in this year’s expo, showcasing their ground-breaking housing and construction solutions, among other services.

The PSC chairman expressed satisfaction with the number of diverse industry leaders, investors, and stakeholders at the expo, who are all committed to shaping Guyana’s future.

“The future of Guyana is bright and we have the opportunity to shape it together. I encourage all participants to take full advantage of the opportunities presented here to network, innovate, and collaborate. [Let us] continue to build on a solid foundation laid by our government and private sector and drive this country forward into a new era of prosperity and development,” Singh stressed.

Looking ahead, Singh highlighted that the real Gross Domestic Product (GDP) growth is projected to reach another 34.3 per cent, driven by increased oil and gas production and activities in the other sectors.

Other sectors like construction, manufacturing, and agriculture have played a pivotal role in strengthening the non-oil economy.

This is a result of deliberate and robust policies and strategic government investments in infrastructure and the growing investors’ confidence in Guyana’s economy.