Region Eight must be promoted as investment destination

Part of the crowd gathered at Tuseneng for the Regional Agricultural and Commercial Exhibition (Ministry of the Presidency photo)

President David Granger has told the residents of Tuseneng, Potaro-Siparuni that the region must be promoted as  an investment destination and reducing the cost of transportation was pivotal.

According to a statement from the Ministry of the Presidency, he told them on Monday that the keys to improving the economic prospects of their village and region rests in improving the physical infrastructure to reduce the cost of transportation for goods to markets. He also cited the use of sustainable energy to lower the cost of production and the development of agro-processing initiatives. He called on the Regional Chairman to work with the Government to promote Region Eight as a destination for investment.

“Being here is not ornamental, he [the Regional Chairman] is here and I would like to ask him to sell Region Eight as a destination for investment.  Let the people who dig the gold and diamonds out of Region Eight bring money in to invest in farms and factories to make Region Eight more prosperous.  We need investment in this Region.  We have the land, we have the labour… what we need is the capital.  We need the investment,” President Granger said.