While many businesses are searching for space to set up shop or expand in or around the capital city, at least one prominent Georgetown-based business is shifting its operations to an area on the East Bank Essequibo as part of a planned modern community and commercial development venture.
Businessman and ex-politician Stanley Ming says he is preparing to move his main business operations to the new area on the Essequibo River bank as he foresees Parika becoming a pivotal hub for future economic development in the region. Ming, who has been operating his automotive and marine establishment in Georgetown from 1990, says that that it is time for the country to stop seeing the synonymy between development and Georgetown and look to other areas, such as Parika.
In an on-site interview with Stabroek News, the Chief Executive Officer of Mings Products and Services, the local distributor for the Yamaha and Mitsubishi line of products, explained his vision for the community to be named ‘Isika’ (Amerindian word meaning ‘to give’). Ming’s plans range from a fibreglass boat manufacturing facility to
