APNU to seek info on proposed US$500m Malaysia investment

Chairman of the opposition coalition APNU, Dr. Rupert Roopnaraine says that he will be seeking further information on a proposed US$500 million investment by the Malaysian syndicate, Wee Boon Ping Group of Companies.

“I think that these are matters that are important enough to be brought to the attention of the National Assembly,” he told Stabroek News yesterday. Stabroek News had reported that Bornion Guyana Inc. (BGI) – the local subsidiary of the Wee Boon Ping Group of Companies – has begun the first phase of what it envisions will eventually be a US$500 million investment in Guyana’s agricultural and forestry sectors covering oil palm, rubber and soya, among other crops.

When contacted yesterday, Roopnaraine said that he read the story in yesterday’s Sunday Stabroek and noted that it is a very “ambitious” project. Alluding to previous comments he had made on similar investments, he said that it is not satisfactory to have to rely on the newspapers to get the details on such matters. APNU will be …..To continue reading, login or subscribe now.

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