Private Sector an engine of economic growth-Minister Prashad

Georgetown : Minister of Tourism, Industry and Commerce Manniram Prashad at the National Competitiveness Summit 2011, said the summit which is a structured public/private sector partnership seeks to build a competitive advantage for Guyana. 

Minister Prashad while stating that Government and the Private Sector can today confidently deliberate on partnering to promote economic growth and development in the economy, said that an evaluation report was also implemented by independent experts who described the results as ‘impressive’. 

 “For an economy to grow and to be competitive the correct enabling environment must first be created. It is with this vision in mind that the Government of Guyana developed the National Competitiveness (NCS) as a roadmap to achieving sustainable economic growth,” he said. 
The National Competitiveness Summit 2011 which is being held under the theme, “Partnering to promote economic growth and development”, opened yesterday at the International Convention Centre.