National Assembly attracts negative criticism-GCCI

 

Clinton UrlingGeorgetown: President of the GCCI Clinton Urling says the National Assembly came in for much criticism with a significant proportion of respondents (83 percent) not being satisfied with its performance in 2012.

This was revealed in the annual Attitudinal Survey, carried out by the Georgetown Chamber of Commerce and Industry (GCCI) recently.

As it relates to improving the competitiveness of Guyanese firms, respondents identified political and economic stability (62 percent), improved tax systems (55 percent), infrastructural development (51 percent) and investments in alternative energy sources (35 percent) as major prerequisites and activities.

He further underscored that the Amaila Falls Hydropower Project topped the list of priorities the respondents thought the government should be pursuing, followed by the Linden to Lethem Road; construction and development of other interior roads; establishment of a recycling plant; and maritime ports upgrade.

He asserted that after those, the Cheddi Jagan International Airport upgrade and a new Demerara Harbour Bridge, two projects the government is also pursuing, though  allocations for them were cut from the 2013 budget by the National Assembly. A new river crossing is in the pre-feasibility stage.

He said that the respondents even placed a Guyana-Suriname bridge link ahead of the Marriott Hotel project in terms of national priority. Work on the hotel project is already far gone with a completion date set for mid next year.

Nearly three out of every four respondents expect to see increased revenues in 2013 while 22 percent expect revenues to remain stable.