A four-day international energy conference and exposition began here on Tuesday with President Dr. irfaan Ali underscoring the need for Guyana to develop cheaper sources of energy so as to ensure the socio-economic development of the Caribbean Community (CARICOM) country.
“Let me be clear on this, we will remain uncompetitive if we cannot address the cost of energy. We must address the cost of energy,” President Ali, said as delivered the feature address at the event that is also being attended by his CARICOM colleagues, Barbados Prime Minister, Mia Mottley as well as Suriname’s President Chandrikapersad Santokhi.
“Our private sector will not be able to grow if we cannot bring down the cost of energy and we will bring down the cost of energy by 50 per cent by 2024,” Ali said, adding in order to do so, Guyana must make strategic investments.
Source-CMC
