Ministry of Business unveils five-year strategic plan

The ability of some of the country’s key business and investment-related institutions to effectively deliver services to required levels has been questioned in a series of strengths, weaknesses, opportunities and threats (SWOT) analyses published in the Ministry of Business’ Strategic Plan for the year 2016 -2020 released to this newspaper yesterday.

The analyses reveal serious limitations in the delivery capabilities of both the Guyana Office for Investment (GO-Invest) and the Small Business Bureau (SBB), the two state entities expected to play lead roles in investment promotion and small business financing, respectively.

The results of a SWOT analysis undertaken at GO-Invest list among the agency’s weaknesses a shortage of technical staff,