INVESTMENTS:
We have many very small businesses in Guyana. If guided by
responsible government agencies, they can grow and contribute to society.
Perhaps, each creating employment for one or two individuals.
These types of ventures can create substantial employment opportunities
for young people.
If we create an environment of proper business systems, we
will demonstrate our abilities of producing quality products with credibility.
We would have then developed a climate, manufacturing to meet our consumer
demands. Developing what we already have
in the country. In controlled fashion.
We can then attract Foreign Investments in manufacturing.
It is a proven fact, those economies with a great emphasis
in the manufacturing sector are wealthy nations. But there are so many things to be ironed out
before we can be competitive foreign suppliers. Container costs are sometimes
prohibitive for the export of some of our agricultural commodities.
See “JOB CREATION” on www.timehritoday.blogspot.com
SETTING THE TREND:
Previous governments have put in place the basics for a
manufacturing sector. But, they did not follow through with the commitment of
getting it on track.
It is important to stream line products that are
manufactured in Guyana at the present-be it arts and craft with fabric and wood
or metal fabrication. The possibility exists that entrepreneurs are operating
their businesses in archaic conditions, thereby missing out on much needed
technical support. They are small, not needing large spaces for their
businesses, the lack of finances to purchase or rent adequate spaces in an
appropriate environment are hindrance to their growth.
At all costs, emphasis and effort must be made to create
sustainable employment. At the onset the costs would be great, but it is
setting the groundwork of the acceptable trends.
SUGGESTIONS/RECOMMENDATIONS:
The Industrial Estates managed by NICIL are under-utilized. These Industrial Estates must be enhanced to
encourage growth and employment.
1)
Industrial Malls should constructed with spaces
of 1000 sqft.
2)
There must frequent surveillance (day and night)
to ensure the security of investments. Guyana has developed a culture of
complete disrespect for the properties of others. It is important the State be
involved in the policing until the lawlessness achieves a level of acceptance.
This is crucial in the campaign for Foreign Investments.
3)
Waste Disposal. Currently that is a major
problem at Industrial Sites.
4)
Power Generation at Industrial Estates to meet
the necessary needs. A combination of Wind, Solar and Fuel power generation
must be implemented. This method will control maintenance and power generation
for prescribed needs of each of the Industrial Estates throughout the country.
Lower usage and costs for transmission lines. A Co-operative
Body manages the day to day operations of the Power Generation Facilities. Manufacturing needs sustainable electricity at
a reasonable costs.
5)
A Council set up to monitor and provide support
to entrepreneurs on the manufacture of their products. This approach will
ensure productivity, safe working environment for employees and the assurances
that employee are sustainable employed with decent wages to provide for good
and meaningful lives for their families.
6)
Taxation and NIS are better monitored with this
system-better for the government, employers and employees.
7)
Progress can be measured easily.
8)
Reviews, Revisions and Implementations are less
cumbersome.
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