Guyana’s manufacturing sector remains restricted to “primary processing of agricultural, mineral and forest products” on account of meagre local demand, high energy and transportation costs and inadequate, unaffordable and non-incentivised financing, Guyana Manufac- turing & Services Association (GMSA) President Clinton Williams told the Association’s Annual Dinner & Awards Ceremony last evening.
High energy costs have been a recurring theme in the manufacturing sector’s protestations to government and in the face of the political hurdles, which hydropower plans have hit, Williams has again called for interim measures designed to incentivise businesses that are prepared to invest in alternative energy sources. “Whereas the best long-term solution is indeed renewable and stable hydro power, we have recommended that additional incentives be provided for solar,
