Make those concessions public

Jun 15, 2018 Letters

Dear Editor,
We note recent comments in the media by Dereck Chin, the owner of Movie Towne where he complains about Guyana Government delays in processing his duty free concessions.
I would be grateful to know what concessions and facilities were granted, including any reduced tariffs on electricity. We have requested the same from Go-Invest, who to date has not even acknowledged our request.
For the record, the previous Government granted us concessions for the AC units and also INTERNAL materials and equipment in the setup of the Cinemas. This did not extend to building materials, plumbing, steel, electrical, steel frames, equipment or anything else whatsoever.
We are kindly requesting that full disclosure and transparency for any concessions being granted, to this similar business, including any concessionary rates by GPL, brokered by the previous Government.
At the end of the day, it would be extremely unfair to allow a foreign-based company to come to Guyana and compete advantageously, against a local one, especially in this economy, which is still adjusting to the new economic realities.
Minister Winston Jordan has repeatedly stated that all these concessions to foreign based companies should NOT be kept a secret. We call for Transparency as outlined by the Honourable Minister.
We hope this publication can encourage Go-Invest to be forthcoming with the information being requested.
With Regards,
Roy Beepat
Chairman
Giftland Group.

Discover more from Kaieteur News

Subscribe to get the latest posts sent to your email.

Latest News