Guyanese businessman Kris Persaud, who is also the owner of the Caribbean Premier League (CPL) team, Jamaica Tallawahs, plans to construct a West Demerara Shore Base (WDSB) to the tune of US$ 200 million.
The businessman has married his passion for the game of cricket with his deep passion for the Caribbean and his home country and is about to bring his Midas touch to Guyana’s rapidly expanding oil and gas industry, a press release noted.
The 70-acre facility will be the newest shore base in Guyana and will be established by Persaud’s company, Tristar Inc. The project is a bold venture that will be a game-changer of Guyanese shore base services and the lives of the people of the West Bank of Demerara.
According to the press release, it will support the operations of oil and gas companies operating in Guyana’s waters and with exploration and development activity in offshore Guyana ramping up, there will be an increased need for more shore base services that meet international standards.
It was noted that the project has already received all regulatory approvals and construction will commence shortly in keeping with the requirements of the oil industry and will be operated in accordance with ISO 9001, ISO 45001, ISO 14001 as well as ISPS standards.
Conscious of its social responsibility, Tristar is also working closely with the Government of Guyana, as well as environmental stakeholder’s, to minimise the project’s environmental impact, particularly on the country’s mangroves, the press release further noted.
Meanwhile, Tallawahs started their 2021 CPL with a record-setting 120-run win over St. Lucia Kings on Friday in St. Kitts.
Led by Andre Russell with an unbeaten 50* from just 14 balls – fastest in CPL history – Tallawahs posted a mammoth of 255-5. The Kings were bowled out for a mere 135 runs, after just 17.5 overs.
The second outing of the Tallawahs on Saturday fell just short of victory over the Barbados Royals but the team remains buoyed by its impressive start to the League.
Persaud is quite optimistic about the tremendous display by his team and the future in general.
“I am really proud of the way the team performed. They have given a sign of even bigger things to come,” Persaud expressed in the release.
“Cricket teaches us the importance of putting together the right team; that’s what we’ve done with the Tallawahs and now with Tristar and the WDSB we have assembled a winning team, and that’s why I’m confident this project will be also a huge success,” he added.
