GCCI seeks to lead policy advocacy for private sector

Mar 28, 2013 News

Amongst several strategic goals set for the period 2012-2013, the Georgetown Chamber of Commerce and Industry (GCCI) is seeking to be the lead policy advocate for the private sector. The Chamber, at its Annual General meeting on Tuesday, outlined a number of policies that it would advocate.
Those include the holding of local government elections, the implementation of agencies to lessen the incidence of corruption and tax reform. President of the GCCI, Clinton Urling, noted the various areas of the system that needed to be addressed with the implementation of certain policies and said that the chamber would be in full support of the measures.
Among other strategic goals, the chamber is seeking to promote Guyana’s trade and investment opportunities through the access of the varying lines of business. The chamber will strive to maintain aggressive marketing to expand its membership base, increase retention, and enhance visibility to expand public awareness of the chamber.
The organization will seek to maintain a membership that would reflect Guyana’s evolving and diversified business community, while hopes are high on strengthening internal capabilities to endure the organizations efficiency.
The president said that GCCI will ensure its financial performance and sustainability with the aim of maintaining the chamber’s independence in fulfilling its mandate.
Urling also told the gathering of dignitaries, international representation and chamber members that for last year, GCCI had an income of over $17M, while in 2011, the chamber raked in almost $23M resulting in a positive variation of close to $5M. The chamber’s surplus for last year was over $4M.
In highlighting the chamber’s achievements for 2012, Urling was especially proud of the numerous chamber activities held in collaboration with other agencies. In January, February and March last year, Urling said the agency was able to plan several activities for the first quarter of the year.
Under the Trade and Investment Committee, the chamber was able to release the findings of its first annual attitudinal Survey.
The chamber, in collaboration with the Trinidadian company, Invision Management Solutions, held an Operational Management Seminar at the chamber’s secretariat. The chamber further collaborated with the Caribbean Export Agency (Carib-Export) to host a grant financing seminar at the Pegasus Hotel.
Further collaborations were made with the Caribbean Institute of Forensic Accounting where a two-day workshop was held. In an effort to guide policy making and to facilitate business development, the chamber established an advocacy committee, while in May of 2012, the chamber became a member of the National working group (NWG).
Extremely proud was the chamber over their creation of a new membership category for micro and small business enterprise with an annual membership subscription fee of $12,000.
Urling continued that a banking and investment seminar was held by the chamber in July while a survey called the Needs and Assessment survey was conducted in July. The chamber was also able to publish a magazine called “An investor’s guide to doing business in Guyana.”
To accelerate trade and further cordial relations with India, the president said that the chamber has resuscitated the Guyana-India Joint Business Council through the High Commission of India in Guyana.
The GCCI Urling concluded, collaborated with the University of Guyana centre for communications studies and reached out to its membership and secured corporate sponsorship totaling $1.5M to produce three short films under the brand CineGuyana.

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GCCI seeks to lead policy advocacy for private sector

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