Hotels, shopping malls for former GuySuCo lands at Palmyra- Jagdeo


With proposals in hand, Vice-President Dr. Bharrat Jagdeo has announced plans to develop lands formerly owned by the Guyana Sugar Corporation (GuySuCo) at Palmyra, East Berbice-Corentyne.

Jagdeo made the announcement on Sunday while meeting with the business community in Corriverton.

He said a stadium will be built with construction expected to commence before the end of the year, but also the area will also see the construction of hotels, shopping malls and “a whole range of activities.”

“It could become a growth pole for businesses around here…so similarly what happened on the East Bank, that’s the plan for the Palmyra area,” Jagdeo explained.

Jagdeo said there are already some proposals for hotel development in the Palmyra area and across the region. This he said will boost economic activity and create jobs there.

“We will continue to open up more lands in Berbice,” he added.

The Vice-President said the government is now looking to shift the momentum on developing the banks of the Demerara River where there are several new facilities serving the oil and gas industry to Berbice.

“The Berbice area is the next hot spot for this and with that in place, it will generate thousands of jobs. Years ago, we were trying to develop a deep-water harbour, but we didn’t have oil then and it was high risk because it’s a high expenditure project…now with oil and gas this project becomes very feasible,” he added.

1 Comment
  1. Xhrp2wkb1 says

    That will see increased traffic across in West Berbice. Already that puny residential-like road that calls itself, without shame I may add, a public road is congested. Why are you putting cart before horse? Put more lanes on the public road before building all those developments, please.

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