High electricity costs, inadequate incentives for manufacturers investing in new technology and lack of access to investment funding and trade financing are among the obstacles to the growth of Guyana’s manufacturing and services sector, according to President of the Guyana Manufacturing and Services Association (GMSA) Clinton Williams.
Delivering his report at the GMSA’s Annual Presentation of Awards and Dinner at the Princess Hotel, on November 25, Williams itemized a range of “pertinent issues” that had to be addressed in order to ensure the development of the manufacturing sector in Guyana.
In drawing attention to the impact of costly and unreliable power supply on the competitiveness of the manufacturing sector,
