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The high cost of energy continues to be a deterrent of sorts for potential investors and government recognises this, Finance Minister Dr. Ashni Singh said yesterday.He was addressing the inaugural Guyana Investment Conference at the Guyana International Conference Centre, Liliendaal.Minister Singh said that contrary to some who opine that crime and corruption are the main disincentives to business start-ups,Cheap NFL Jerseys Store, the need for cheap, reliable energy is the main factor.Finance Minister Dr. Ashni Singh“The cost of energy today, in Guyana, is acknowledged by the private sector as prohibitively high.”This issue took a back seat to crime and corruption and needed to be addressed,China NFL Jerseys, during the Investment conference,China Jerseys Wholesale, the minister said.The issue of cheaper power is one of the biggest challenges facing them,NFL Jerseys Outlet, and every business, particularly those in the manufacturing sector; cite the need for cheaper,cheap jerseys nfl wholesale, reliable energy to boost their success and profitability, locally and internationally.He cited the operations of Qualfon,Wholesale Jerseys, the largest private sector employer locally,Jerseys NFL Wholesale, as an example of another challenge facing investors in the technology sector, that of the bandwidth.This was another issue which was apparently overlooked during the scheduled items to be discussed at the conference hosted by the Canadian Government under the theme “Maximising opportunities for investment in Guyana”.The tremendous effort to improve the local economic performance is as a result of the collective effort of the government and stakeholders such as the private sector, the Finance Minister said. (GINA) |
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