Sugar’s way forward: (Other Proposal 4) Management contract for GuySuCo
Today’s column examines the fourth and last of the ‘other proposals,’ which aim at finding a way forward for the sugar industry. That proposal is the recurrent call for the Government of Guyana to enter into a management contract that would allow a private firm (preferably external) to take over full operational management of GuySuCo.
This management contract would be a legal arrangement entered into by the Government of Guyana (GuySuCo’s owner), which vests control of GuySuCo in a management services enterprise, in order for that enterprise to manage GuySuCo’s operations for an agreed payment or management fee. …..To continue reading, login or subscribe now.