Regional Transformation and Prosperity on the Horizon for Essequibo
Dr. Ashni Singh in the role of Prince Charming to Essequibo County in Guyana
Minister of Finance and Public Service, Dr. Ashni Singh, has spoken of the significant potential of Essequibo County in Guyana, likening it to the Cinderella County of a popular fairytale. In an address to residents and visitors, Dr. Singh asserted that the Region will soon become the "star of the show" and captivate the attention of all, just as the tale of a young princess-turned-princess by a handsome prince.
Government Committed to Investments and Development
The Senior Minister outlined the Government’s commitment to investing aggressively in Region Two, maintaining a policy environment that will foster economic growth and prosperity. He highlighted the success the Region has experienced through various investments, including those in agriculture, education, and tourism. Dr. Singh also extended congratulations to business persons investing in the Region, who are recognizing its brilliant future.
Economic Development and Tourism Growth
According to Dr. Singh, the Region has the vast potential to be a food-producing capital of Guyana, with investments in innovative partnerships, land cultivation, and education already underway. The Senior Minister also touched on the Region’s rich natural resources and its growth as a tourism hub. He pointed out that economic developments in the rest of the country will generate prosperity in every other region and that Region Two is now attracting visitors from across Guyana.
Private Investments and Agro and Trade Expo
The Senior Minister highlighted the private investment in the form of three new hotels under construction, valued at $1.5 billion, which will add 150 new hotel rooms to the country’s stock. The ECCI has estimated that approximately 22,000 visitors will attend this year’s Agro and Trade Expo, set to conclude today in Region Two.
Conclusion
Minister Dr. Ashni Singh’s speech serves as a testament to the optimism and confidence in the transformation and prosperity of Essequibo County, as he assured residents of the Government’s commitment to investments and development. With its potential to become a food-producing capital and a major tourist hub, Region Two is poised for a bright and prosperous future.
Frequently Asked Questions
What is the current state of Essequibo County?
Essequibo County, also known as the "Cinderella County of Guyana", is recognized for its rich natural resources and vast potential for development.
What investments has the Government made in Region Two?
The Government has made significant investments in innovative partnerships, land cultivation, and education, with a focus on developing the Region as a food-producing capital.
What is the current investment in tourism development in the Region?
Three new hotels are under construction, with a total investment of $1.5 billion, which will add 150 new hotel rooms to the country’s existing stock.