GMSA collaborates with FAO to conduct a study on strengthening engagement with private sector

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See full statement from the Guyana Manufacturing and Services Association (GMSA)

As the Covid-19 pandemic continues to impact food and nutrition security globally, there are major recessions and disruptions in the food value chains.

The Food and Agriculture Organization’s (FAO) vision for nutrition continues to be enabling healthy diets for all from a sustainable, inclusive, and resilient agri-food system. In response to aiding in the current recovery strategies for the agriculture and food sectors, the Guyana Manufacturing and Services Association (GMSA), on August 13, 2021, officially signed a Letter of Agreement valued at GY$3.3 million with the FAO to conduct a study on “Strengthening Strategic Engagement with the Private Sector in Guyana towards achieving the Sustainable Development Goals (SDGs)”.

The study, in support of the FAO’s Strategy for Private Sector Engagement (2021-2025) initiative, is expected to commence on August 16, 2021, with an anticipated duration of four (4) months. The initiative acknowledges the importance of engaging and mobilizing the capacities and resources of the private sector, specifically those that play a critical role in food systems transformation, measurable sustainable impact, ultimately contributing to the Sustainable Development Goals (SDGs).

Through a consultative process facilitated and managed by the GMSA, key stakeholders from various business support organisations within Guyana will have the opportunity to collaborate closely to form strategic partnerships, improve collective multi-stakeholder efforts, and bring regional, sub-regional, and country-owned and led innovative solutions through the development of a Private Sector Engagement Plan.

Consultation will commence with the preparation of a comprehensive workplan, outlining the resource mobilization strategy to be implemented in completing the study. Some of the key objectives and requirements of the study are:

– Identifying potential private sector partners and entry-points for partnership and collaborative initiative between FAO and private sector entities in Guyana, according to country priorities.

– Identifying key private sector entities for engagement in channeling and delivering the country-specific priorities.

– Introducing and promoting the use of the CONNECT Portal and gain feedback for improvement, while utilizing and inputting data in the Portal as a tool for facilitating private sector engagements.

Upon completion of the study, the FAO’s, Resource Mobilization and Private Sector Partnerships Division (PSR) will oversee the implementation of the strategy organization wide to capitalize on the opportunities at the country level.

As a strategic development partner, the GMSA is committed to working with the FAO to create influential local representation, as the entities collaborate to achieve transformational change and innovation, including sustainable and measurable impacts and benefits to Guyana.