Latest update September 28th, 2026 10:20 AM
UG could contribute more to private sector – PR Dept.
The University of Guyana (UG) could contribute more to the development of Guyana’s private sector once a collaborative relationship, where resources are provided and information on the needs of the sector is shared, exists.
The University’s Public Relations Department highlighted this in a press statement, yesterday, whilst responding to concerns raised by the President of the Georgetown Chamber of Commerce and Industry (GCCI), Clinton Urling, indicating that UG is not catering for the needs of the private sector, as reported in a daily newspaper.
According to the country’s national University, it has contributed enormously to the development of middle and senior management staff that currently service the needs of the public sector.
The University has admitted that it could do more to meet the needs of not just the private sector but that of the less served, the minorities living outside of Region Four.
However, the administration is not blaming itself and Government for its limited financial situation. “The University’s efforts to serve all stakeholders require collective responsibility,” the release stated.
Vice-Chancellor, Professor Jacob Opadeyi stated, “Gone are the days when we will have to rely on Governments for the provision of resources both capital and recurrent. The private sector, and in particular the GCCI, needs to step up to the plate. Share with us your needs. Knock on our doors, provide avenues for dialogue and provide us with the resources to adequately serve your members and the less served in our communities.”
The release stated that UG on its own cannot do this, given its current financial structure and income-generating mechanism. Opadeyi has been meeting with private sector umbrella organizations in an effort to engage the private sector as a development partner, to assist with additional funding for sustainable and inclusive growth of the university.
According to Opadeyi, “We, in fact, seek the collaboration of the private sector, as we see this as an avenue to improve the diversity of our offerings and modality for our sustainability. We will prepare to offer demand-driven programmes that meet the needs of our stakeholders. If we lack the resources to offer a particular programme we will build collaboration with leading Universities who can support us to offer quality programmes.”
The university is hoping that this type of engagement will foster a working alliance between the sector and the university, to ensure that the partnership is mutually beneficial, the release said.
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