Guyana, Suriname, Brazil combined could produce 3000MW of new power

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-President Ali says THROUGH strategic policies and strengthened bilaterial ties, Guyana, Suriname and Brazil can create a massive power, transport and logistic hub.

This is according to President Dr. Irfaan Ali, who while addressing the recently concluded International Business Conference (IBC), stated that there is ‘enormous possibilities’ for the nations and their neighbouring partners such as French Guiana and the rest of the Caribbean.

“Based on studies between Suriname, Brazil, French Guiana and Guyana, we have the potential of producing 3000 megawatts of new power interconnected…imagine what that will do for development.”

President Ali further highlighted Guyana’s unique geographical positioning as the gateway to South America and CARICOM (Caribbean Community) countries including Haiti.

“So, between Guyana and Suriname, if we build this ecosystem, we can create a world-class transport and logistics hub from them servicing the entire region because of accessibility, capability, competitiveness and cost,” Dr. Ali further added.

According to the President, Guyana along with its eastern continental neighbour, Suriname, has been strengthening its bilaterial ties with an overarching focus to create opportunities for regional growth.

“By integrating our energy infrastructure and understanding the energy mix as one aspect of the equation and then creating a transport and logistic loop, opens up all the markets and allows us, through the removal of barriers, to trade freely along this loop,” Dr. Ali said.

Meanwhile, Suriname’s President, Chandrikapersad Santokhi, emphasised the shared history and cultural ties between Guyana and Suriname. He pointed out that the two nations through continued bilateral ties are on the verge of being pivotal players.

Already, Santokhi believes the diplomatic and economic co-operation between the two Caribbean states are no longer aspirations but are realities that will shape the future of the region.

“Together, we have an opportunity to lead on the global stage, particularly in oil and gas exploration, where our combined strength positions us as pivotal players in the energy landscape. Our histories are intertwined. Our cultures are rich with diversity, and our futures are bright with our potential, we have always stood by each other, supporting and celebrating our mutual successes and achievements.”

Already the two nations have established partnerships pursuing joint development in manufacturing sectors. Plans are also underway to construct a bridge across the Corentyne River to further push trade and partnerships between the two states.

Last week discussions were held between the two nations to discuss collaborative opportunities in the oil and gas sector.

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Source link : http://www.bing.com/news/apiclick.aspx?ref=FexRss&aid=&tid=67162395421e4dc18d4bad8accd6c85f&url=https%3A%2F%2Fguyanachronicle.com%2F2024%2F10%2F21%2Fguyana-suriname-brazil-combined-could-produce-3000mw-of-new-power%2F&c=7235547804769302786&mkt=en-us Author : Publish date : 2024-10-20 22:45:00 Copyright for syndicated content belongs to the linked Source .

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Guyana, Suriname, Brazil combined could produce 3000MW of new power

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