Promising incentives for businesses that invest in his government’s plan for a green and sustainable economy, President David Granger last evening restated that the country needs to wean off of its dependence on fossil fuel.
“Guyana needs a green development strategy and this is my task… my mission is to build a green economy. We are going to transition our economy towards a renewable clean and cheaper source of energy,” the president promised, as he delivered his inaugural GuyExpo address, when the trade fair opened at the Sophia Exhibition Complex.
He pointed to the fact that in 2012 nearly a quarter of the country’s Gross Domestic Product went to pay for the purchasing of petroleum products for the country, stressing that once there are alternative sources of energy, those monies can be channeled to development projects.
