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Apr 14, 2018 News
In keeping with its Articles of Association, the Guyana Manufacturing and Services Association (GMSA), held its Annual General Meeting (AGM) for fiscal year 2017-2018 on March 28, where a new Board of Directors was elected.
The board held its first meeting on Thursday, to elect the executive for the period 2018-2019.
Shyam Nokta, Chief Executive Officer (CEO), of Environmental Management Consultants, was elected unopposed as President of the GMSA. Ramsay Ali, CEO of Sterling Products Ltd. was re-elected 1st Vice President, with Ramesh Dookhoo of Banks DIH Limited as 2nd Vice President and Glenis Hodge of Tropical Shipping as the 3rd Vice President.
Nokta, in accepting the board’s confidence for a second term as President, indicated that his main objective over the coming year will be to further expand the membership of the organization. He indicated that an important area of focus will be facilitating the resolution of issues affecting members, a GMSA statement said.
Principal among these are issues regarding the tax regime and access to markets for locally manufactured products.
“Nokta further indicated that emphasis will be placed on strengthening important sub-sector bodies covering agro-processing; services; chemical and pharmaceuticals; construction and engineering; forestry and wood products; fast foods; and minerals and related products.”
The returning president also expressed his strong interest in seeing the GMSA strengthen strategic partnerships with other Business Support Organizations (BSO) to position the community to maximize opportunities from new and emerging sectors such as the imminent hydrocarbon industry.
He emphasized initiatives undertaken by the GMSA in the last year, such as the ministerial roundtables and UncappeD which have had success and which will continue in the next year.
The GMSA has over 100 member companies covering the manufacturing and services sectors. The Board of Directors for this fiscal year 2018 – 2019 was also elected at the AGM.
The membership include Sterling Products Ltd., Banks DIH Ltd; Edward B Beharry Group; Swansea Associates and Brass, Aluminum and Cast Iron Foundry (BACIF), and several others.
The other members are Tropical Shipping, Wood Direct, KSM Investments, Bosai Mineral Group, Laparkan Freight Forwarding, Swansea Industrial Associates, Guyana National Shipping Company, Global Seafoods and Cummings Wood Products.
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