The Private Sector Commission (PSC) of Guyana has congratulated the government for its innovative and progressive initiatives focused on digitalisation and modernisation, as outlined by President Dr Irfaan Ali in his address to the National Assembly on Thursday.
The PSC has hailed these transformative projects as vital steps in closing the digital divide, improving the ease of doing business, and fostering the growth of the private sector.
In a statement, the PSC noted that a standout feature of the President’s announcement was the investment in Information and Communications Technology (ICT) hubs across the hinterland and riverain areas. Funded by the Guyana REDD+ Investment Fund, the construction of 141 hubs, with plans to expand to 200 communities, is seen as a significant step towards digital inclusion.
This initiative aims to provide residents and students in remote regions with access to essential online resources, offering new educational and economic opportunities.
The PSC expressed strong support for this initiative, noting that it will play an important role in ensuring equitable growth throughout the country.
Additionally, the government’s introduction of the Electronic Planning and Development Single Window System was praised as a major leap forward in modernising the planning and construction processes.
The new system will streamline applications, reduce waiting times, and promote transparency and efficiency, strengthening Guyana’s position as a top destination for investment.
The PSC believes this will enhance confidence in the private sector and encourage faster project approvals, ultimately driving economic expansion.
The PSC also recognised the government’s ambitious plans to build Silica City, which will serve as a model for smart, sustainable urban development. This project, part of Guyana’s broader vision for growth, will provide critical infrastructure to support the country’s expanding population and economy.
The PSC expressed its eagerness to collaborate with the government to realise this vision, which is expected to attract both domestic and international businesses, create jobs, and foster innovation.
In addition, the PSC welcomed recent fiscal measures aimed at enhancing the standard of living for all Guyanese. The government’s introduction of tax incentives, along with investments in healthcare, education, and social services, was seen as a key strategy to improve the competitiveness of the business environment and boost consumer spending.
The decision to reduce electricity costs and eliminate bridge tolls further underscores the government’s commitment to improving living conditions.
The PSC noted that the government’s focus on digital education, coupled with the provision of free university education, will equip the workforce with the necessary skills for Guyana’s future industrial development.
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