Trinidad PM praises Guyana's 'very
buoyant' economy
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| Friday, June 25, 2010/
www.caribbeannetnews.com |
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GEORGETOWN, Guyana (GINA) -- Prime Minister of Trinidad
and Tobago Kamla Persad-Bissessar has hailed Guyana’s
‘very buoyant’ economy and joined the country’s
President Bharrat Jagdeo in announcing that new bridges
of economic cooperation will be built between the two
countries.
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Prime Minister of Trinidad and Tobago Kamla
Persad- Bissessar greeting President Bharat
Jagdeo to the Office of the Prime Minister, St
Clair. Photo courtesy of Trinidad and Tobago’s
Newsday
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After the two leaders met at the Office of the Prime
Minister in St Clair, Trinidad and Tobago’s Newsday
reported the Prime Minister alluded to Guyana’s
“tremendous” natural resources.
Encouraged by the prospects of oil and gas exploration
in Guyana, Persaud-Bissessar said Trinidad and Tobago
may be able to share its expertise given the island’s
experience in oil and natural gas.
A study in June 2000 concluded that Guyana is the second
most attractive under-explored basin in the world with a
potential of 15.2 billion barrels of oil.
Were an oil discovery to be made in the Guyana Basin,
production targets would be estimated at 50 million
barrels per year which would be equivalent to 140,000
barrels per day.
President Jagdeo was quoted by Newsday as saying that
Trinidad and Tobago’s expertise and proximity makes it a
suitable source for the tremendous capacity needed to
develop the industry.
On the other hand the Persad-Bissessar administration
welcomes any expertise Guyana could offer in the area of
food production which the Prime Minister credited as
making strides “over a relatively short space of time.”
Guyana’s geographic location as a gateway into South
America, particularly with the opening of the Takutu
bridge was also observed by the Persaud as an
opportunity to provide local investors with easier
access to markets in Brazil.
Jagdeo has invited Trinidad and Tobago to participate in
a meeting to be hosted later this year in Guyana with
the 12 leaders of Latin American nations, according to
the Newsday.
Additionally, a team from Guyana will return to the twin
Island republic in September to meet with local business
persons and other investor |
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Marriott hotel to open in Guyana in
2013
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| Wednesday, June 23, 2010/
www.caribbeannetnews.com |
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GEORGETOWN, Guyana (GINA) -- Guyana will be home to the
first Marriott Hotel in the Caribbean and Latin America
with Leadership in Energy and Environmental Design (LEED)
certification from the United States Green Building
Council (USGBC).
Marriott International Inc. in a press release on
Tuesday announced that it will open its first Marriott
branded hotel in Guyana in 2013.
The 160-room hotel will operate under a management
agreement with Atlantic Hotel Inc. (AHI) which is
currently owned by the Government of Guyana as part of a
public-private partnership between Government and
private sector investors.
President Bharrat Jagdeo speaking at the announcement
said, “Guyana looks forward to a first class branded
quality hotel operated by Marriott International. This
public-private partnership project will transform the
hospitality landscape and can be expected to encourage
more travel and tourism development for our nation. The
project will be more an integrated entertainment complex
ideally located at the corner of the Atlantic Ocean and
Demerara River with a casino, night club, restaurant and
boardwalk.”
Chief Development Officer for Marriott International in
the Caribbean & Latin America Laurent de Kousemaeker
stated that the company is thrilled to partner with AHI
and the Government of Guyana to open its first Marriott
Hotel in the country, representing Marriott’s presence
in another capital city in South America.
According to Kousemaeker, the Guyana Marriott will play
an instrumental role in the continued and commercial
development of Guyana.
The hotel’s state-of-the-art architectural and interior
design concept will be created by the firm of Urbhan
Architects, New York.
Marriott Hotels & Resorts is Marriott International’s
flagship hotel brand and are designed to inspire
performance by offering services and amenities that
encourage guests to function at their peak and meet
personal goals while travelling for business or leisure.
“Marriott Hotels & Resorts inspires your best
performance during travel, delivering an experience that
helps you work and relax in your own way,” the release
stated.
Marriott boasts nearly 500 locations in 60 countries and
according to the release provides “genuine care coupled
with fresh, classic design, making it the leading choice
for travellers and meeting planners.”
All Marriott hotels also participate in the award
winning Marriott Rewards frequent travel program that
allows members to earn hotel points or airline miles for
every dollar spent during each stay.
Government had ensured that the way was cleared for the
project by putting in place a new sewage system, with
42-inch pipes at Kingston. It was foreseen that the new
system would greatly enhance waste discharge in
Georgetown.
Other preparations made to pave the way for the Marriot
Hotel were dismantling of the Food and Drug Department,
and the Luckhoo swimming pool. |
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