Bakeries from across the country are being urged to ‘raise their game,’ in anticipation of what is likely to be a groundswell of potential competition, as Guyana’s economy shifts into oil & gas mode.
On Friday September 6th, Managing Director of the National Milling Company (NAMILCO) Bert Sukhai told a gathering of bakers and other industry officials that it was important that the sector ‘change gears’ to take account of what lies ahead for business in Guyana as a whole.
“We are aware of larger bakeries that are looking to enter Guyana and we should all be on guard and be able to find a niche in the market in order to remain in business,” adding in a subsequent statement that the remark was not intended “to deter foreign investments,” although he posited that local companies do not wish to be pushed out of business and afterwards have to resort to crying foul.
