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Posted by / 20-Dec-2017 04:03

Indeed, Guyana’s gross mismanagement of its corruption-plagued sugar and mineral extraction industries raises doubt about whether the coming oil windfall will actually benefit citizens.

Recent opinion polls show that the Guyanese public has little faith in the leadership ability of both the government and the opposition.Guyana now has an ambitious 4 million plan to upgrade its road networks, bridges, ports, telecommunications and river transport system.But to get Guyana’s crude to international markets, some of this construction must be done by 2018 – a tall order for a small nation.As oil production expands, protecting the marine environment will become an urgent issue for the entire Caribbean region.In April, three Venezuelan doctors transporting medical supplies from Trinidad to Venezuela drowned when their boat overturned in an oil slick.

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Is Guyana prepared for the good and the bad of the oil bonanza to come?