[www.inewsguyana.com] – Minister of Business, Dominic Gaskin has expressed his disappointment with the performance of the Guyana Office for Investment (Go-Invest).
He told the Government Information Agency (GINA) that the entity has not been functioning as it should; however he is of the view that the new Board of Directors may be able to turn this situation around.
“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.
Gaskin is of the view that the entity 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,” the Minister added.
He is of the view that the entity needs to be pointed in the right direction by its leadership. The Minister, who is also the Chairman of the Board of Directors for Go-Invest, said the new Board met once so far where there was very good participation.
“I’m very encouraged by that first board meeting. I think it is a Board that definitely can take Go-Invest forward,” he said.