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Advertisers Barama Company Limited
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Manufacturers' Association takes initiative on development bank
"His Excellency," said GMA's Vice President Norman McLean, "threw out the proposal in talks with Guyanese businessmen who attended the historic business summit last October."
At the Miami Conference on the Caribbean and Latin America, McLean and other GMA executives, together with members of the private-sector commission took the opportunity to meet with executives of Development Finance Limited of Trinidad and Tobago.
The group from the twin island republic comprised Terrence Martin, deputy chairman; Gerald Pemberton, managing director, and Wayne Dass, senior manager.
After follow-up meetings, a high-level delegation from DFL came down to Guyana to conduct a "need survey” for a private-sector development bank.
GMA is now optimistic that the challenge issued by President Jagdeo to establish a development bank will finally lead to reality.
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Table of Contents President Bharrat Jagdeo pursues foreign and local investment, builds confidence in private sector |
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The Guyana Manufacturers' Association has taken up the challenge issued by President Bharrat Jagdeo to access a source of development funding at reasonable interest rates to promote the growth of Guyanese business.