Guyana has signed an in­vest­ment agree­ment that will re­sult in the con­struc­tion of a GUY$214 mil­lion (One Guyana dol­lar=US$0.004 cents) state-of-the-art waste treat­ment plant.

Guyana’s Chief In­vest­ment Of­fi­cer, Dr Pe­ter Ram­sa­roop said that the waste treat­ment plant would be built at Cover­den, East Bank of De­mer­ara and will cre­ate em­ploy­ment for over 40 per­sons.

Ram­sa­roop said the in­vest­ment aligns with the gov­ern­ment’s ob­jec­tive of achiev­ing its Sus­tain­able De­vel­op­ment Goals (SDGs). Goal six of the Unit­ed Na­tions is to achieve clean wa­ter and san­i­ta­tion by 2030.

“This in­vest­ment is more than just a fa­cil­i­ty; it is a state­ment of our com­mit­ment to sus­tain­able de­vel­op­ment and our un­wa­ver­ing be­lief in Guyana’s po­ten­tial to lead in green tech­nolo­gies. We are set­ting the stage for Guyana to not on­ly meet but ex­ceed glob­al en­vi­ron­men­tal stan­dards, po­si­tion­ing our coun­try as a leader in eco-friend­ly in­dus­tri­al so­lu­tions,” he added.

The agree­ment was ini­tial­ly signed by the Se­nior Min­is­ter with­in the Of­fice of the Pres­i­dent with Re­spon­si­bil­i­ty for Fi­nance and Pub­lic Ser­vice, Dr Ash­ni Singh and hand­ed over to the  Chief Ex­ec­u­tive Of­fi­cer of Pro­fes­sion­al Waste So­lu­tions In­cor­po­rat­ed, (PWSI), Ma­hen­dra Jet­too.
The treat­ment plant will al­low for a non-in­cin­er­a­tor tech­nol­o­gy be­ing used to process waste gen­er­at­ed main­ly by the oil and gas com­pa­nies to be con­vert­ed in­to reusable oil.

Ad­di­tion­al­ly, as part of that process, one of the byprod­ucts would be ‘slag’, which is safe to be dis­posed of in land­fill sites.
This slag will be used for block-mak­ing, to sup­port the rapid pace of the con­struc­tion sec­tor.

Jet­too said that not on­ly will waste be treat­ed but rather trans­formed in­to us­able prod­ucts.

“This fa­cil­i­ty is just the be­gin­ning. Our part­ner­ship with the gov­ern­ment and our align­ment with the low-car­bon agen­da demon­strates our ded­i­ca­tion to cre­at­ing a clean­er, more sus­tain­able Guyana.
“We are not just treat­ing waste; we are trans­form­ing it in­to val­ue. And in do­ing so, we are lay­ing the ground­work for a brighter, more pros­per­ous fu­ture for all Guyanese,” he added.

GEORGE­TOWN, Guyana, Aug 14, CMC 
CMC/ad/ir/2024