The Manufacturing Sector contributes 4% of GDP, new beverage company soon – President at GuyExpo

Georgetown ; President Donald Ramotar delivering the feature address last night at Guyana’s biggest trade fair, GuyExpo said Guyana is a growing economy with a manufacturing sector that contributes 4% to the country’s Gross Domestic Product (GDP) and the services sector 60%, a new beverage on the market can supplement production achievements.

 

 The President told a large gathering that a new brewery is soon to be established that will facilitate marketing of a new alcoholic beverage in Guyana.

 “A new beer will also be coming on stream very soon in Guyana because of the incentive that we produce here,” President Ramotar

Establishing a partnership for the first ever joint hosting of GuyExpo, the Guyana Manufacturing and Services Association (GMSA) is hoping to promote specific value-added products.

Among them are in the areas of forestry, agriculture, arts and craft and services. The aim is to secure stronger business relationships at the regional and international levels for the manufacturing and services sectors.

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GuyExPo this year will be showcasing indigenous goods and services and the exploration of prospects for the acquisition of goods and services that can be sourced overseas.

GMSA President Clinton Williams said it is important that business partnership opportunities among Guyanese, regional and international producers and services providers are encouraged during this four-day exposition.

Under the theme “Advancing Productivity through Innovation, Modernisation and Expansion” GuyExPo is being held with much acknowledgement about the need to continue promoting public/private partnerships for the economic development of Guyana.