The Georgetown Chamber of Commerce and Industry (GCCI) has voiced its deep dissatisfaction with the ongoing power outages plaguing Guyana. The organization has highlighted the detrimental effects these outages are having on the country’s business sector, emphasizing the negative impact on productivity and overall performance of enterprises.
According to the GCCI, the recurrent disruptions in power supply are not just a minor inconvenience. They lead to significant losses in productive time, disrupt production processes, and hinder the smooth operation of businesses. Such challenges, the Chamber warns, could deter growth and investment in the country.
While the GCCI remains committed to supporting sustainable energy initiatives in Guyana, such as the Amaila Falls Hydropower Project, the Gas to Energy Project, and the development of Solar Farms, it believes that these long-term projects are only part of the solution. The Chamber stresses the immediate need for measures to address the current energy generation deficit.
The GCCI has called on the Guyana Power & Light, and by extension, the Government of Guyana, to take proactive steps. This includes better forecasting, strategic planning, and timely investments in the energy sector to alleviate the ongoing power crisis. The Chamber believes that with the right interventions, the persistent issue of power outages, which has been a decades-long challenge for Guyana, can be effectively addressed.
As Guyana stands on the cusp of significant economic transformation, the GCCI hopes that the legacy of power outages does not mar the nation’s progress. The Chamber remains optimistic that with collaborative efforts, Guyana can overcome this hurdle and truly embrace its potential as a rapidly emerging economy.
