Gov’t to rent houses during CPL & will use revenue to fund houses for poor families

0

As part of plans to satisfy the accommodation demand during the upcoming Caribbean Premier League (CPL) cricket season in Guyana, President Dr. Irfaan Ali says that the government will build houses to rent to visitors and then use those proceeds to fund houses for less fortunate families.

The President said this on Wednesday night at the launch of the International Building Expo at the Pegasus Hotel in Georgetown.

“…We’re looking at a way in which we can marry cricket with uplifting people out of poverty, so we’re setting aside land to build 300 (prefabricated) homes,” the President announced.

President Dr. Irfaan Ali engaging the gathering at the launch of the 2022 International Business Expo at the Pegasus Hotel (Photo: News Room/ April 20, 2022)

While these houses will accommodate the scores of visitors expected, the President explained that the revenues earned from the rental will then be used as a down payment at the commercial banks for housing solutions for the “poorest people.”

“… These are the things that will really change the face of the country,” the President said.
Additionally, the President said that there are ongoing plans to convert residents’ houses into ‘Bed and Breakfast’ spaces that will serve the dual purpose of earning an income for residents while providing accommodation to the expected visitors.

This year’s CPL will be held in August and September and Guyana will host the finals of the ‘Biggest party in sport’ alongside a massive cricket carnival.

Leave A Reply

Your email address will not be published.