Manufacturers reaching out to overseas investors

A section of the gathering at the Guyana Manufacturing and Services Association’s (GMSA) 15th Annual Presentation Awards Dinner at the Princess Hotel on Thursday night.

The Guyana Manufacturing and Services Association (GMSA) has been reaching out to several countries in an effort to attract investors and capital, its President, Clinton Williams, says and he also pointed to a range of problems hampering businesses.

With the manufacturing sector showing flat growth for the first half of the year while the services sector recorded growth of 2.7% for the same period, Williams said that the GMSA’s short to medium term objective is to substantially increase the sectors’ contribution to Gross Domestic Product (GDP). Giving the President’s Report at the GMSA’s 15th Annual Presentation Awards Dinner at the Princess Hotel on Thursday night,