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President Irfaan Ali said the Government of Guyana has invited Expressions of Interest (EOI) for the establishment of an oil refinery in Region Six.
This announcement was made Friday evening whilst speaking at the opening of the 16th Berbice Exposition and Trade Fair at the Albion Sports Complex, Corentyne Berbice.
According to the president advertisement will be launched for requests for proposals for a new 30,000-barrel (per day) refinery for national security to be built in Region Six. It was stated that within two months submissions will be received from those who are interested in investing in the refinery.
“In all of this, Region Six is well positioned to be the centerpiece for growth and development,” Ali emphasised.
Ali also announced the government is working to construct a new Berbice highway, a new highway all the way to Molson Creel in preparation for the new Corentyne River Bridge. According to him this “will allow development on both sides of the Berbice river like we have in the Demerara River.”
Other plans for Region Six include the development of a new economic hub at Palmyra. The area will be equipped with a commercial zone, hotels and shopping malls and a national stadium. Plans are also in train to develop a municipal airport and to establish a national training institution to equip persons in the oil and gas and hospitality sectors.