HGP Nightly News – Finance Minister Dr. Ashni Singh is urging young Guyanese to prepare themselves for what he describes as a new wave of industrial activity expected to be driven by cheaper and more reliable electricity from the country’s gas-to-energy development.
Speaking about Guyana’s economic direction, Singh said electricity generated at Wales will lay the foundation for industrial activity on a scale the country has not seen before.
According to him, the gas-to-energy project is expected to support the development of a Natural Gas Liquids plant, fertiliser manufacturing, other forms of manufacturing and Guyana’s first data centres.
He pointed to the strategic Memorandum of Understanding signed with Cerebras as part of efforts to establish Guyana as a destination for data centre investment.
Singh said the first gas pipeline, followed by a second pipeline, would trigger wider economic activity beyond the energy sector itself.
He explained that logistics, transportation, trucking, boat operations, barges and other support services would all create opportunities for Guyanese investors and workers.
The Finance Minister said the potential impact would grow even larger with the second gas pipeline expected to be developed in Berbice.
According to Singh, the volume of gas from that project could allow Guyana to finally move from exporting raw bauxite toward processing it into alumina and potentially aluminium.
He said several international companies have already shown interest in processing Guyana’s bauxite resources into alumina.
Singh also pointed to the possibility of large-scale fertiliser manufacturing, the emergence of a petrochemical industry and the development of a data industry around data centres.
The Minister described the period as an exciting time for Guyana, saying the country is on the edge of major changes in energy, manufacturing and technology.
But he said Guyanese must prepare now if they want to benefit from those opportunities.
“If I would advise every single Guyanese person, particularly young people, get the skills now, upskill yourself now,” Singh said.
His comments come as the government continues to promote gas-to-energy as a major part of Guyana’s development strategy, aimed at lowering electricity costs, attracting investment and creating new industries.
Singh said the opportunities ahead will not be limited to large corporations, but will also include transport providers, truck owners, boat operators, barge owners, workers and local entrepreneurs positioned to serve the industries expected to emerge.
