A total of 55 members of the Trinidad and Tobago Manufacturers’ Association (TTMA) are in Guyana seeking collaboration and business opportunities.
President of the Association Roger Roach, speaking Wednesday at a meeting in Georgetown, vouched for the experience of Trinidad manufacturers.
The meeting was organised by ActionINVEST Caribbean Inc. and enabled several local and Trinidad businesses the opportunity to meet.
The Trinidad manufacturers say there are many opportunities on both ends for investments in manufacturing.
In attendance at the meeting, held at Parc Rayne, were the High Commissioner of Trinidad to Guyana Conrad Enill, Mayor of Arima in Trinidad and Tobago Balliram Maharaj and Guyana’s Foreign Secretary Robert Persaud.
“We need to put action to the Memorandum of Association, the memorandum of understanding between the TTMA and GMSA (Guyana Manufacturing and Services Association) because if Guyana will eventually get a local source of energy and Guyanese people are interested in manufacturing and Trinidad people have experience with manufacturing,” Roach said.
President of the GMSA Ramsay Ali told the delegation that manufacturing in Guyana will soon become cost effective with the highly anticipated gas to energy project. He explained that these reduced rates for energy would pave the way for manufacturing to be done on large scale.
He added that there is space for producers of the products utilised in manufacturing.
“The government over the last couple of years has been experimenting with shade house farming and we are about to move from that experimental stage to the commercialization of shade house farming and there are new opportunities there.
“An Israeli company is already here and already started commercial operations of shade house farming, we have the conditions and the government is providing incentives for the expansion,”
Giving the investors ideas of areas they can explore he mentioned that project has had success with production of broccoli, cauliflower, bell peppers, green onions, and roses.
