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Reply to "Good/Positive vibes from Dr Mark Bynoe"

Drugb posted:
antabanta posted:
Drugb posted:
antabanta posted:

So... what part of the article is snake oil?

The lack of details of what exactly are the opportunities. He talking about taxi drivers and hospitality, this is for what? Oil tourism of a few visiting Exxon head honchos? Let us fact the facts, the oil will never see the shores of Guyana, it will be put in tankers and head for overseas refineries. No refinery in Guyana. 

A brand new, powerful industry has reached Guyana and you don't understand what opportunities that will open for Guyana? You think that only a few visiting Exxon head honchos will work the rigs? Did you make the Rat aware of this when he invited Exxon to Guyana to dig for oil or were you not against oil exploration at that time?

Educate me as I am not as smart as your are in these matters. What is this brand new industry's impact on Guyana if the oil will never see Guyana's shores? Exxon already has its own supply chain of skilled workers and equipment, spares etc, buying a few "rations" from the local businesses to appease govt is not impact worthy.   You really believe that Guyanese will perform some meaningful task on the oil rigs? Let us hear the details instead of generalizing. 

 

You are right that the oil industry functions on their own system of on demand skilled workers which they bring in from wherever they are when they need them. These are mainly Philippinos and Indians. One sees this all over the oil sectors in whatever country. Guyanese will constitute less than 10 percent of the direct work force. 

However, our government's administrative structures will balloon out by 30 to 40 percent. These jobs, most in building and administration will be where Guyanese with talent will be employed and we will also begin to have a temporary foreign workforce ( immigration will tighten up)  that will match our own with numbers. There will be hundreds areas of opportunities for the Guyanese person to make money and often this is because they are connected to the government. 

It will take creative effort to balance the economy with emphasis in agriculture and industrial manufacturing because the curse of oil is an undiversified economy with abandoning of agriculture and farming.

You are both right so no need to quarrel. There will be extremely uncertain times for most Guyanese and the uneducated and unskilled and uncreative ( most of the population) will suffer social and cultural dislocations if we are not careful. Given who we are we are not going to handle this well as usual.

FM
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