Saturday, May 25, 2024
HomeBusinessEco EnergyGuyana to ‘build a new legal architecture’ to guide hospitality sector, services...

Guyana to ‘build a new legal architecture’ to guide hospitality sector, services and petroleum sector

By Synieka Thorne

GEORGETOWN, Guyana, (DPI) – Attorney-General and Minister of Legal Affairs, Mohabir Anil Nandlall, SC, says plans are on stream to draft new legislation to guide Guyana’s hospitality sector and other services as the petroleum sector emerges.

The attorney-general made these statements after being admitted to the Inner Bar as a newly appointed Senior Counsel during a special sitting of the full court of the Supreme Court of Judicature last Wednesday.

He said these laws are necessary as Guyana becomes the newest oil-producing state, which will lead to an increased need for a raft of legal services. Guyana is at an unprecedented precipice, he added, where the petroleum sector is projected to transform the nation. Therefore, the legal professionals and the judiciary must be prepared for the new heights which the country is expected to achieve. The complete, modern arbitration architecture being pursued locally will require extensive as well as specialised training for law students, lawyers and judges.

“We must equip ourselves and we must be able to rise to the occasion. It will require an almost complete overhaul; we have to build a new legal architecture in the coming years, a complete body of new oil and gas and related legislation will be enacted, many are currently in draft,” attorney-general Nandlall said.

Guyana is already seeing growing interest from major international players in the hospitality sector. The Hyatt Hotels and Resorts, Radisson Hotels, and the Hilton Hotels and Resorts are among international brands that have already expressed interest in Guyana. The new laws will also cater for the construction of townhouses, condominiums and zoning in relation to commercial and industrial use of lands.



Please enter your comment!
Please enter your name here


Caribbean News

St Lucia implicated in CBI RICO lawsuit filed in US Federal Court

By Caribbean News Global TORONTO, Canada - Subsequent to MSR Media concerns last November about ‘finance and discounting schemes‘ in the CBI program and...

Global News