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President commissions Diamond Food Court – calls on services sector to meet high customer demands

Georgetown, GINA, November 22, 2011
Source - GINA

The Diamond Food Court

The Diamond community on the East Bank of Demerara is gradually being boosted with the requisite facilities and services that complement the urban expansion plan government has been implementing.

The Diamond Food Court, an investment by the Guyana Oil (Guy Oil) company located next to the Guyoil Diamond Service Station was commissioned today with the cutting of a ribbon by President Bharrat Jagdeo.

Managers of Royal Castle, JR Burger and Pizza Boy, the three concessionaire operating in the food court, assisted the Head of State in the officiating before taking a tour of the new fast food outlet.

The Diamond Food Court which comes with a forecourt and has the capacity to accommodate 200 customers will soon be joined by a fourth concessionaire.

President Bharrat Jagdeo unveils the plaque to the Diamond Food Court

President Jagdeo described the investment as an indication of commitment to leadership and entrepreneurship, confident that the establishment of a fast food outlet in the suburbs would be as lucrative as those in the city.

“I hope that this will not be the only facility where a state enterprise will work in partnership with the private sector to bring growing and greater services to people who live in areas that traditionally have not been served by high services,” President Jagdeo said.

The Head of State was proud of the rapid growth in the services sector in Guyana and its ability to overshadow many of the other sectors as an employer and ,a large contributor to the country’s Gross Domestic Product (GDP).

Staff of the Diamond Food Court serve President Bharrat Jagdeo and Minister of Finance Dr Ashni Singh with a smile

With growth in the economy and the concomitant growth in disposable income, President Jagdeo said the demands and expectations of people for quality services will also increase and in this regard he called on the business community to meet those expectations.

“If they (customers) were content to go to a cake shop in the past and get some supplies of food, they don’t want that anymore and this puts increasing pressure not just on the providers of those services but people who think in the traditional way because… if you don’t upgrade your businesses, if you do not keep up with the times and the changing demand in nicer environments…those businesses will fall by the wayside,” President Jagdeo said.

The Head of State was confident that many other private entities will emulate today’s investment.

Guyoil’s Director Oscar Phillips said that the company’s decision to diversity its business is mainly to attract more revenue.

He said while the company is looking to synergies to attract revenue, the Government through Guyoil has been cushioning the effects of fluctuating fuel prices on the Guyanese customers.

The community in which the fast food outlet is located will be part of an urban network with a housing scheme extending from Diamond all the way to the city, and a four-lane road.

Diamond has an approximate population of 40,000 and growing, three commercial banks, a Secondary School, East Demerara Regional Hospital, a $56 M well that serves over 8,000 residents of Diamond/Grove and Guy Oil Service Station.

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