Local infrastructure gets a boost
─ BK Quarries raises production to 100,000 tonnes of stone per month
─ adds new German plant, trucks, excavators to the fleet
─ to meet demand
DPI, Guyana, Saturday, October 19, 2019
As confidence in Guyana’s economy grows, BK Quarries Incorporated is among many businesses expanding their capabilities to meet the growing demand.
The company had added a new German Plant, a new fleet of trucks and excavators to meet and satisfy the local demand for stone and eliminate the need for imports. As the company continues to upgrade its facilities at the Teperu Itabu Quarry, it is the plan to increase production to 100,000 tonnes of stone aggregate and boulders per month.
Delivering the feature address at a reception held at BK Headquarters, on Friday evening, Prime Minister, Hon. Moses Nagamootoo congratulated the Managing Director of the BK Group of Companies, Brian Tiwarie on the recent expansion to the company’s existing fleet of equipment.
The Prime Minister commended the BK Group for their continued confidence in the country’s economy.
He stated that “the investment you see here is an investment of a patriotic businessman, he knows his cooperative role, he will make as much as he injects into the economy and in this regard… BK is a symbol – a true corporate citizen who believes in his country and who has confidence in his government.”
Noting the wide range of business activities, the BK group is involved in – from quarrying to tourism and aviation – the Prime Minister said:
“He [Brian Tiwarie] has invested as a businessman, in the economy of his country… and he has not held back.”
Director-General of the Ministry of the Presidency, Joseph Harmon, in his congratulatory remarks, said the company had invested over $US6M [GYD$1.2B] in 2018 l, and it is their “plan for 2019 to further invest another US$4M [GYD $385M], which is a is a demonstration of their confidence in the economy and the future the country.
“This confident investing in Guyana has been the hallmark of the company, as evidenced by the massive investment we see here. It continues to upgrade its facilities in the Teperu Itabu Quarry to increase production,” Harmon explained.
Prime Minister, Hon. Moses Nagamootoo and his wife, Sita Nagamootoo, Director-General of the Ministry of the Presidency, Joseph Harmon with the Managing Director of BK Group of Companies, Brian Tiwarie and his family.
With the arrival of the new vehicles, the Director-General stated, “marks not just an investment in a company but a recognition that the future of Guyana is in safe hands under His Excellency, President David Granger’s administration and the government of Guyana.”
Also attending the reception was the wife of the Prime Minister, Sita Nagamootoo along with several ministers of government, members of the Diplomatic Corps, members of the private sector among others.