By Jomo Paul
[www.inewsguyana.com] –Minister of State, Joseph Harmon has clarified that there will be no closures of estates of the Guyana Sugar Corporation (GuySuCo), but rather some estates will be merged.
Harmon at a post Cabinet press briefing on Wednesday, December 23, 2015, stated that the management of GuySuCo decided that to optimize its performance and as part of making the industry viable, some of the estates will not operate on a standalone basis.
He went indicated that the Wales, West Bank Demerara and Uitvlugt, West Coast Demerara estates will be merged as a part of this process.
“The whole idea is to make the industry more efficient so it does not become a sorted of drain on the economy,” said the Minister.
The State Minister also noted that Cabinet has reviewed the findings of the Commission of Inquiry (COI) into the sugar industry. He said that this report is to be laid in the National Assembly on December 30 as government moves to engage the Parliamentary Opposition on the way forward for the sugar industry.
“We will have wide consultation with all stakeholders and members of the public,” Harmon said, adding that several proposals were included in the report submitted to Cabinet.
“Proposals had to do with the options available to make the industry viable in the near future,” said Harmon.