Eccles To Be Transformed With US$25M Wharf–Project Creates Opportunity For Over 50 Direct Jobs

• The physical landscape of Eccles, East Bank Demerara, is set to be transformed with the construction of a US$25 million wharf facility to service Guyana’s fast-growing oil-and-gas sector. 
• Once completed, the wharf is expected to accommodate a total of three vessels measuring 75 meters. The project will create direct jobs for over 50 persons during and after the construction phase. 
• The timely development of such projects and simultaneous exploration success offshore will enable the steady advancement of human resource capabilities and enhanced economic growth. Additionally, outside of investments within the oil-and-gas sector, there have also been immense direct benefits as a result of the country’s oil resources. 
• The current oil boom is expected to catapult Guyana to the ranks of the wealthiest countries in the Western Hemisphere over the next two decades, which will increase the government’s fiscal space to invest in initiatives to expand the economy and improve the overall welfare of citizens.

 (Source: Guyana Chronicle)