Banks DIH Limited is considering legal action to address persistent challenges caused by street vendors at its Stabroek Market location.
Frustrated by ongoing issues, Chairman of Banks DIH Limited, Clifford Reis, revealed that the company has reached out to relevant agencies over the years, including the Town Clerk, City Council, Deputy Commissioner, and Commander.
However, despite numerous efforts spanning seven years, the situation has not improved.
Speaking on behalf of Banks DIH Limited, Reis stated that they are now contemplating legal action to alleviate the financial strain and operational disruptions caused by the presence of street vendors.
He emphasized the need to address the issue, citing the example of Muneshwar Company, which took legal action to address similar problems.
City Mayor Alfred Mentore, in response to the situation, mentioned that the City Council is working to address the issue.
He noted that central government intervention might be required and proposed implementing a system where vendors operate within specified hours to manage the situation.
The standoff between Banks DIH Limited and street vendors at Stabroek Market reflects broader challenges faced by businesses in managing public spaces and dealing with informal economic activities.
Legal actions may signal a growing trend of companies seeking legal remedies to address such issues and protect their commercial interests.
The situation highlights the delicate balance required between facilitating informal economic activities and maintaining a conducive environment for businesses to operate.
As this scenario unfolds, it prompts a broader conversation about urban planning, public space management, and the role of regulatory authorities in creating a business-friendly environment.
In a related development, Councilor Steven Jacobs has proposed building relationships with the private sector to undertake small projects within the Georgetown Municipality.
The suggestion aims to address issues concerning the maintenance of public facilities, particularly focusing on the deteriorating condition of the washroom facilities at Promenade Gardens.
During a recent Statutory meeting, Councilor Jacobs drew attention to the state of the Promenade Gardens Washroom Facilities, which fall under the jurisdiction of City Hall.
He revealed that at least one business entity has expressed interest in refurbishing these facilities.
Councilor Jacobs stressed the urgency of addressing issues promptly and recommended involving the Private Sector Commission.
He mentioned that the private sector has committed support to the council and is prepared to assist in the rehabilitation of the washrooms.
Jacobs proposed exploring various small projects to target specific issues.
Former Mayor and Councilor Patricia Chase Green echoed similar sentiments, emphasizing the need for urgent involvement of the private sector.
She encouraged swift action and collaboration with the private sector, expressing a willingness to move forward without unnecessary delays.
Mayor Alfred Mentore expressed cautious optimism about the proposal.
He called for a comprehensive strategy, suggesting the creation of an “action sheet” to prioritize issues for collaboration with the private sector.
Mentore highlighted the importance of tapping into corporate resources and collaboration to address various challenges.
The proposals from Banks DIH Limited and the Georgetown Municipality indicate a potential shift toward legal actions and private sector collaboration to address challenges faced by businesses and municipalities.
Engaging in legal remedies and partnering with the private sector could provide additional avenues for addressing issues and fostering sustainable development.