Finding a buyer for the troubled Guyana Sugar Corporation (GuySuCo) is the most viable option for government, according to veteran businessman Yesu Persaud.
“In my opinion, if we can find a buyer who’s willing to take on those debts… because you have substantial assets—the land and factories etc—take it over at a price, of course, that has to be negotiated, then I think there could be a future,” Persaud said after a meeting with the members of the Commission of Inquiry into the sugar industry yesterday.
“I told them it is either two things: you either revise what you have, it is going to be more
