While the multi-billion-dollar Georgetown Enhancement Programme has dominated public discourse, the 2026 Budget Estimates reveal a substantial commitment to improving regional markets across Guyana. Millions of dollars have been allocated to upgrade and complete these essential community facilities.
During Thursday’s budget discussions, Minister of Local Government and Regional Development, Priya Manickchand, addressed inquiries from Opposition MP Ganesh Mahipaul. The MP sought clarification on the status of market projects initiated in 2025 that will carry over into 2026.
Mahipaul highlighted several markets across the nation that received funding approvals in the previous year and questioned the allocation for these projects within the current $18.5 billion budget.
In her response, Minister Manickchand detailed the rollover sums earmarked for completion in 2026. The following allocations were confirmed for various markets:
Port Kaituma Market: $38.383 million
Bath Market: $92.5 million
Rosignol Railway Line Market: $29 million
Unity Market: $1 million
Rose Hall Market: $25.6 million
Port Mourant Market: $2.3 million
No. 79 Village Market: $50.2 million
Lethem Municipal Market: $42.9 million
The Minister explained that these funds are aimed at completing the original scope of works planned for each market. She emphasized the significance of markets, stating that they serve as vital hubs of economic activity and community engagement.
“Markets are this hub of economic activity for the people who vend there. It’s a place of communion for communities… it’s part of our culture,” explained Manickchand.
In addition to the mentioned markets, a noteworthy allocation of $404.8 million was announced for the Palmyra Culture Market in Region Six, further underscoring the government’s commitment to enhancing regional infrastructure.
While the rollover allocations are designed to fulfill initial project plans, Minister Manickchand noted that the government’s expectations for market functionality are evolving, aiming to better integrate these spaces into the social and economic fabric of the communities they serve.
