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| The country’s specialist agency tasked with overlooking investments should be free of political interference.Business and Investment Minister, Dominic GaskinSpeaking on the future of the Guyana Office For Investment (GO-Invest), Minister of Business and Investment, Dominic Gaskin, says he was disappointed that the entity failed in its mandate.However, he is of the view that the new Board of Directors may be able to turn this situation around.He has been named the Chairman to head seven members. The members include Rajendra Singh,Air Max 97 Super Scontate, Michael Hutson, Neville Totaram, Patricia Bacchus, Professor Shamir Ally, Basil Blackman, and a still-to-be named representative of the Parliamentary Opposition.“I’m not satisfied that GO-Invest has met its objectives. I think there is a lot that GO-Invest should be doing. I think GO-Invest should be playing a leading role in investment promotion and investment related advocating in Guyana, and I don’t think it has been doing that up to now,” Gaskin said in a recent interview with the State’s news agency.There have been heavy criticisms over the operations of GO-Invest in the past. Quite a number of investments were handled by the respective ministries, leaving the agency out-of-the-loop.“I think GO-Invest has been sidelined by higher authorities in the past. You can’t have one investment agency and then have most of your major investments being handled outside of that agency.”“Go-Invest has to do what it was designed to do, and to that extent it must be given the authority to do so and it must be allowed to act without political interference,” he added.Minister Gaskin pointed out that going forward, the entity needs to be given new direction at the leadership level, as well as expanded capacity.Already, the Board of Directors have met since they were appointed.“I’m very encouraged by that first board meeting. I think it is a board that definitely can take GO-Invest forward,” he said.Approximately two months ago after assuming office, the Business Minister had pointed out that his Ministry will be moving towards a more transparent and level playing field in the Business Sector.He had stated that, “transparency, fairness, the whole idea of leveling the playing field is needed so that the competition is fair, so that you don’t have players in the same areas who are favoured.” |
