President mulling recapitalising National Printers

President Donald Ramotar has promised to appoint a team to examine the recommendations advanced by the state-run Guyana National Printers Limited (GNPL) for recapitalising of the entity.

The Government Information Agency today said that during talks with Chairman Cyril Belgrave, board members and managers yesterday at its La Penitence Public Road location, President Ramotar heard of GNPL’s numerous challenges, chief among which are the resources needed for it to be competitive.

Paul Port explaining details as President Ramotar tours the Guyana National Printers Limited (GINA photo)
Paul Port explaining details as President Ramotar tours the Guyana National Printers Limited (GINA photo)

Operating since 1939, GINA said GNPL is the premier printer of gazettes, exercise books, almanacs, cardboard boxes and other paraphernalia for government agencies, but with old printing machinery that suffers occasional breakdowns, the case for investing in new resources has become more pressing.

Officials of the entity told President Ramotar that the company still makes

use of the Heidelberg one and two colour press at a time when most printing

establishments have elevated to the Heidelberg four colour machines.

GINA said that the latter machine was highly favoured by clients according to a survey  conducted by the GNPL and the approximate cost was highlighted as President Ramotar was given a first-hand look at the equipment.

GINA said that the entity’s survival throughout the years was pleasing to President Ramotar who apprised them of the need for a thorough search to identify capital.