[www.inewsguyana.com] – President Donald Ramotar, in reporting on discussions held with Indian sugar companies and other companies that are research oriented, said these entities are very interested in Guyana.
The Head of State said several delegations are expected to visit Guyana very soon to explore possibilities of working with the Guyana Sugar Corporation (GuySuco) and what investments, with regards sugar can be made.
Speaking on one of the highlights of his recent visit to the Indian sub-continent, he described his tour to a sugar factory in Gujarat as a revealing experience. He said that the factory is managed as a cooperative, with farmers and workers vested with ownership.
According to the President, the factory produces all the needed power for its daily operations, as well as it sells its excess bagasse to other industries in its home state, including companies that manufacture paper and cardboard.
Apart from producing several kinds of sugar, this factory also deals with the crop’s by-products. The President said he was informed that the factory had half of an hour’s down time over the last six months, with all tools and Information Communication Technology being employed its continuing efficiency.
President Ramotar opined that the method of ownership and other aspects of the factory’s operations are instances which can inform Guyana’s situation. [Extracted and modified from GINA]