Private sector groups urge gov’t to hold plans to close sugar factories

Private sector organisations yesterday urged the government to stay plans to close sugar factories, while offering their “considerable experience” to explore alternative options to sustain the sugar industry.

“The private sector calls on government to hold its hand on the current approach towards the closure of estates,” the Private Sector Commission (PSC) and its numerous affiliates yesterday said in a joint statement, while arguing that the restoration of Guyana’s economy is inevitably, and intimately, linked to the future of sugar.