Over 200 jobs will be added to the economy in Region Three through the operations of a $30 million marine facility at Nismes, West Bank Demerara, which was commissioned yesterday, the Department of Public Information (DPI) said.
The facility was built by GAICO Construction Inc. and comprises a wharf, dry dock and laydown and storage yard.
It is expected to open doors for continued economic empowerment in the region.
In his remarks, President Irfaan Ali pledged that the region will see further transformational plans unveiled in every sector.
According to Ali, Region Three is poised to undergo massive growth, and he pointed to the New Demerara River Crossing as just one example of this tremendous development that is unfolding.
He reminded that four years ago, the Wales community was devoid of the wide range of robust activity that exists today, as its main economic asset, sugar, was shut down.
The president commended GAICO and the private sector for answering the call to invest in building local capacity, and expanding Guyana’s economic base.
The head of state was accompanied by First Lady, Arya Ali, Prime Minister Mark Phillips, and his wife Mignon Bowen-Phillips, Minister of Public Works, Juan Edghill, and other cabinet ministers, officials, members of the diplomatic corps and the private sector commission.