Prime Minister Mark Phillips on Friday stated the Government’s commitment to use the proceeds from the oil and gas industry to develop and improve the lives of all Guyanese.
He said that the ruling administration is already putting systems in place, including in areas of housing, education and health.
“We have struggled for far too long as a country to develop and improve the lives of our people. Today, we have a resource, and as a Government, we are committed to using that resource to better the lives and livelihoods of all Guyanese”, he said.
Phillips made the remarks during the launch of the International Energy Conference and Expo Guyana 2023, a statement from his office said.
The event is scheduled to be held from February 14, next year, under the theme “Harnessing energy for development”.
He added: “This conference provides an opportunity for us to benefit from the ideas of the presenters and exhibitors on the latest technology and knowledge in the oil and gas sector that we the Government take on board to develop our Guyana.”
Phillips stated that the revenue generated from the sector will improve infrastructure, bridge the digital divide, and transform the energy sector, with a focus on renewable energy. These projects, he said, will be guided by the administration’s Low Carbon Development Strategy 2030.
He emphasised that this development will not be limited to the coastline, but will extend to all areas.
“You have a Government that is committed to supporting this conference. You have a Government that is committed to utilising the revenue from oil and gas to bring development to all the people of Guyana”, he added.
