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US$35M Marine and Off-Shore Training Institute for Guyana

Staff Reporter by Staff Reporter
March 19, 2021
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…100 scholarships will be given to young Guyanese interested 

A joint venture between a company in Guyana and another in India will soon result in a US$35M Marine and Off-Shore Training Institute in Guyana, a first for the country and the Caribbean.

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A press release on Friday announced that construction of the institute is presently ongoing at Lot 43 A Friendship, East Bank Demerara (EBD). The companies involved are locally owned Atlantic Ventures Inc. (AVI), a company with extensive experience in the mining and marine industry, and Alexarya Corporation International, a leading Investment and Development corporation based in India.

Together they have established a joint venture ‘AtlanticAlexarya Maritime Development Guyana Inc.’  with a common purpose of investing in the development of Guyana’s growing Maritime Industry. This joint-venture will see developments in excess of US$35M within the next five years.

AtlanticAlexarya Maritime Development Guyana Inc. (AAMDG) will not only facilitate a Marine and Off-shore Institute but plans are already in place for the construction of a ShipYard and Drydock to be used for shipbuilding, ship repairs and complete ship management.

The tourism sector will also benefit from this large scale investment through the development of river cruise and floating hotels in Guyana’s waters, along with worldwide vessel registrations being done through the company.

A total of 100 scholarships will be given to young Guyanese interested in pursuing careers in the marine and offshore industry through AA Maritime and Offshore Training Institution Guyana Inc. This development project will guarantee over 600 jobs being given to local Guyanese in the welding, fabrication, mining, marine, tourism and education sectors.

The team from AAMDG, within the past week, has met with the Chief Executive Officer (CEO) of GoInvest, Dr. Peter Ramsaroop; Ministers of Public Infrastructure, Juan Edghill and Indar Deodat; and Director General of the Maritime Administration Department (MARAD), Stephen Thomas.

The aforementioned persons have committed to working together with the Joint Venture company towards the development of this project. The Atlantic Ventures Inc. (AVI), represented by Miranda Thakur-Deen and Asif Hamid, is among the very few companies in the Region with ISO 44001:2017 Collaborative Business Relationship (CBR) certification.

This certification addresses collaborations between Foreign and Local companies to come together to jointly address the industry needs. AVI is also ISO 9001:2015 Quality Assurance Control (QMS) certified and ISO 45001:2018 Health, Safety and Management (OHSMS) certified.

The administrative team, under the direct management of AVI’s Vice President, Nicola Whittaker, is working extensively on setting up the Secretariat and Admissions office by the end of April 2021.

An awareness campaign will be launched within a few weeks to educate the public on this pioneering development that will revolutionize the marine industry in Guyana and by extension the Caribbean. Atlantic-Alexarya Maritime Development Guyana Inc. is committed to developing and providing opportunities to local Guyanese in support of the government’s agenda to promote the use and importance of local content.

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