Then, there is the Intermediate Savannah Project which, can become one of the new frontiers in Guyana and one that would yield immeasurable benefits. More importantly, this project would be integrated into a wider scheme for Region 10 in order to make that Region the industrial corridor of Guyana. I spoke about this vision. These projects will create tens of thousands of job opportunities for our youth and lay the basis for the industrialisation of our country. Equally important is the question of land policy.
Land is a pre-requisite for investment and there is no shortage of land for development in Guyana.
From Crabwood Creek to the Rupununi Savannahs, thousands of acres of land are available. We would seek to tap this abundant natural resource to bring benefits to our people. While we are mindful of the dangers of land concentration in few hands, we would still have to ensure its sustainable exploitation. We would explore new ways with the private sector in opening up and developing new lands. Mr. Chairman, our success in attracting investment will also depend on the speed with which we reform the institutions that support the private sector.