GuySuCo’s late suppliers jeopardise sugar targets

GuySuCo’s Chief Executive Officer Paul Bhim on Wednesday said that the corporation is being hobbled by the failure of international suppliers to meet deadlines, which affects sugar production.

Speaking at a forum aimed at improving procurement and transparency in the Sugar Corporation, Bhim said that GuySuCo procures $11B in goods and services annually. The CEO told the gathering at the International Conference Centre that the Corporation’s biggest expenditure in this regard is on fuel,