Gov’t to buttress enabling investment climate

-says private sector is development partner

Minister within the Ministry of Housing and Water, Hon. Susan Rodrigues says the PPP/C Government will remain open to the private sector to encourage profitable investments.

The minister made this statement at the launch of a new branch of Caribbean Motor Spares at Grove, East Bank Demerara last weekend.

“We understand that Government alone cannot deliver on our mandate. So, for job creation and to effectively stimulate the economy, it is not the job for the Government alone. It must be acknowledged that the private sector is a very important stakeholder to the Government also,” she said.

Minister Rodrigues said the Government will also put in place policy and other measures, including incentives, to buttress the enabling environment for investment that it started creating in August.

“Where our country is going now is on the cusp of development, we are encouraging Guyanese, who have saved their monies to not just leave it in the bank; everyone should invest to be able to generate more income and this will be possible through a friendly Government,” she said.

Minister within the Ministry of Public Works, Hon. Deodat Indar, who also attended the opening, made similar statements.  The Minister emphasised that the private sector is an important development partner to the Government.

“The PPP/C-led administration is private sector-oriented. It is the private sector that creates jobs, they develop wealth for the economy, money circulates faster when the private sector spends it,” Minister Indar said.

Further, both ministers pledged their support to create opportunities for ordinary people to become entrepreneurs through good representation in the National Assembly for continued private sector support.