Guysuco

Commissioner of Lands and Surveys, Trevor Benn told Demerara Waves Online News that “I’m not aware of any process if there is any process” for Guysuco to dispose of State lands that have been leased to the wholly state-owned Guysuco.

GuySuCo yesterday announced that the Albion Estate has exceeded its weekly production target by 4% in the week ending November 11, 2023.

No sane analyst would believe that any management could be so irresponsible as to butcher next year’s first crop in this manner, just to deceive the public into believing that GuySuCo appears to be making progress.

A NEW management team is set to take the helm at the Guyana Sugar Corporation (GuySuCo) as the government pushes forward with modernising its operations.

Contrary to what the President said when the Coalition government took office, GuySuCo management had declared the corporation bankrupt.

Director General of the Ministry, Madanlall Ramraj; Chairman of the National Drainage and Irrigation (NDIA), Lionel Wordsworth and Chief Executive Officer of the Guyana Sugar Corporation (GuySuCo), Paul Cheong also delivered remarks at the event.

The previous CEO of GuySuCo has shared his view on the recent past and his opinion on what is important going forward.

According to the Union on Friday, NIS’ decision stems from the Guyana Sugar Corporation (GuySuCo) indebtedness to it.

But GuySuCo had disclosed that some 17,000 varieties of sugarcane, which represented billions of projected revenues, were destroyed by the squatters.

But the GPF said no works were ongoing by GuySuCo in that area at the time of the incident.

GuySuCo continues to be a political football.

However, to date, the Guyana Sugar Corporation (GuySuCo) continues to perform below par, failing to meet its output targets.

Information reaching this publication indicated that the tree was located in one of the fields currently being flooded by GuySuCo to “flush out the squatters”, but they have contended that they will not be moving under any circumstances.

I read that Colvin Heath-London has been terminated as head of the Special Purpose Unit for GuySuCo.

It explained that the “terms and conditions” which were negotiated for the Bond are largely out of sync with the operational requirements of GuySuCo.

Minister Mustapha, in response to Ramjattan’s question, said: “This money is budgeted for critical capital works in GuySuCo, which was neglected for five years.

Minister Mustapha said GuySuCo needs GYD$1.6 billion for the remainder of 2020.

There was renewed interest in the 1970s when the Department of Fisheries, IDRC (International Development Research Center) and GUYSUCO conducted a joint venture with the rearing of the Nile tilapia.

This nation was advised a few days ago that 5,340 employees from GuySuCo were sent home during the PPP.

But GuySuCo doesn’t have funds.