The Georgetown Chamber of Commerce and Industry (GCCI) yesterday expressed confidence in the feasibility of the government’s planned gas-to-energy project, based on an independent analysis it had conducted.
During a press briefing, Senior Vice President (VP) of the Chamber, Richard Rambarran in his address to the media emphasized the importance of the gas-to-energy project in lowering electricity costs, improving reliability, and enhancing energy security in the country. He also underscored the significance of securing financing and prompt action for the project’s success, especially for small businesses and women entrepreneurs.
Amid a delay in the financing of what will be the largest ever public sector project, GCCI recently wrote the US EXIM bank expressing support for the bank’s financing of the gas-to-shore project.