GT&T to pump $9M into Tourism Sector over the next three years


By Kurt Campbell

GT&T CEO RK Sharma (left) THAG's President Kit Nacimento (right)
GT&T CEO RK Sharma (left) THAG’s President Kit Nacimento (right) signing the agreement

[] – The Guyana Telephone and Telegraph Company (GT&T) and the Tourism and Hospitality Association of Guyana (THAG) on Thursday (January 16) signed an agreement  which will see the telecommunication  giant pumping $9M into the local tourism sector over the next three years through THAG (the private sector arm of the tourism industry).

THAG will receive a total of $3M annually, which will be used to develop the sector. At the signing ceremony, the two sides spoke of a shared partnership which runs over ten years back and of efforts to build on that partnership.

According to President of THAG, Kit Nacimento, tourism is everybody’s business and expressed immense gratitude for the gesture from GT&T. He said despite these gestures the sector is not without challenges, identifying airlift as one of the major issues.

The THAG Head recognized the efforts of the Government in this regard and pointed to attempts to modernise the Cheddi Jagan International Airport (CJIA) and expand the hotel industry, particularly with the construction of the Marriott Hotel.

Meanwhile, Chief Executive Officer of GT&T RK Sharma said it the Company’s pleasure as the national telecommunication company to partner in this regard.

He said GT&T have partnered similarly with THAG and other companies in the past and will continue to live up to it corporate social responsibility.

Nacimento made it clear however, that THAG while it will seek to forge similar partnerships with other companies, it will not enter into any agreement that is in conflict with GT&T’s marketing plan.



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