Work on Skeldon estate by Bosch cost US$1.8M not US$30M – GuySuCo

The Guyana Sugar Corporation yesterday said that work by South African firm Bosch Engineering to repair the beleaguered Skeldon factory cost US$1.8M and not US$30 million as was reported by Stabroek News in its March 9, 2014 edition.

Based on information from reliable sources, Stabroek News has for several months now reported that the work cost US$30M and this was never refuted by either the corporation or the government until yesterday. Bosch was said to be rectifying work botched by     the previous contractor, CNTIC of China.

In a statement released yesterday, GuySuCo stated that “Prior to the start of the 2nd crop last