GEORGETOWN: Indian Company moves US$35M joint venture to boost marine industry

GEORGETOWN: Indian Company moves US$35M joint venture to boost marine industry

GEORGETOWN: Construction is presently
ongoing at Lot 43 A Friendship, East Bank Demerara on what will be Guyana and
the Caribbean’s first Marine and Off-Shore Training Institute.
The Atlantic Ventures Inc. (AVI), a local 100 per cent Guyanese-owned company
with extensive experience in the mining and marine industry has partnered with
Alexarya Corporation International, a leading investment and development
corporation based in India, to establish a joint-venture Atlantic Alexarya
Maritime Development Guyana Inc. (AAMDG) with a common purpose of investing in
the development of Guyana’s growing maritime industry.

A
maritime institute is a technical school, focused on teaching practical skills
to high caliber seafarers to meet the highest standard of professionalism
required in the ever changing and demanding shipping industry. AAMDG Director,
(Capt.) Suniel Kumar, has successfully established similar, marine academies in
and around Singapore, Sri Lanka, Dubai and India.

The three
main academic curriculums offered to applicants at Atlantic-Alexarya Marine and
Off-shore Institute are the pre-sea training, officers training and the
post-sea training. Other basic safety training programmes will also be offered.
A residential facility is available within the premises of the institute. This
facility is compulsory for diploma/pre-sea training cadets before going on
training ships.
The ages for persons interested in registering for the institute are 16 to 37
years old. These applications are open to individuals from Guyana and around
the Caribbean region.
According to a release, upon completion, graduates will be awarded with
accredited certificates that will prepare them for careers both on and off
shore as seamen, chief officers, captains, merchant marines, or any other jobs
in the marine industry locally and internationally.

This
joint-venture will see developments in excess of US$35M within the next five
years. Atlantic Alexarya Maritime Development Guyana Inc. (AAMDG) will not only
facilitate a marine and off-shore institute but plans are already in place for
the construction of a ship yard and dry dock to be used for ship building, ship
repairs and complete ship management.

The tourism
sector will also benefit from this large scale investment through the
development of river cruise and floating hotels in Guyana’s waters, along with
worldwide vessel registrations being done through the company. The team from
AAMDG, within the past week, has met with the Chief Executive Officer (CEO) of
Go-Invest, Dr. Peter Ramsaroop; Ministers of Public Infrastructure, Juan
Edghill and Indar Deodat, and Stephen Thomas, Director-General of the Maritime
Administration Department, all of whom have committed to working together with
the joint venture company towards the development of this project.
The Atlantic Ventures Inc. (AVI), represented by Miranda Thakur-Deen and Asif
Hamid, is among the very few companies in the region with ISO 44001:2017
Collaborative Business Relationship (CBR) certification which specifically
addresses collaborations between foreign and local companies to come together
to jointly address the industry needs.

AVI is
also ISO 9001:2015 Quality Assurance Control (QMS) certified and ISO 45001:2018
Health, Safety and Management (OHSMS) certified. The administrative team, under
the direct management of AVI’s Vice President, Nicola Whittaker is working
extensively on setting up the secretariat and admissions office by the end of
April 2021. An awareness campaign will be launched within a few weeks to
educate the public on this pioneering development that will revolutionise the
marine industry in Guyana and by extension, the Caribbean.

Atlantic-Alexarya
Maritime Development Guyana Inc. is committed to developing and providing
opportunities to local Guyanese in support of the government’s agenda to
promote the use and importance of local content. As such, a total of 100
scholarships will be given to young Guyanese interested in pursuing careers in
the marine and offshore industry through AA Maritime and Offshore Training
Institution Guyana Inc.

This development project will guarantee over 600
jobs being given to local Guyanese in the welding, fabrication, mining, marine,
tourism and education sectors.
“Our team believes that quality is never an accident, it is always the result
of high intention, sincere effort, intelligent direction and skillful
execution; it represents the wise choice of many alternatives,” the release
concluded.

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