Movement of machines and equipment from sugar estates billed to be sold or privatized to others that are functional is likely to cause tensions between the Guyana Sugar Corporation and government holding company NICIL as both sides claim they control the assets.
“GuySuCo has been moving out their machines from Enmore and Skeldon, which are proposed to be closed and taking them to Albion and Uitvlugt and but that is not right and it is possibly to slow down the privatization process of these two estates,” a source close to the industry told Stabroek News yesterday.
Efforts to contact Chief Executive Officer of National Industrial and Commercial Investments Limited (NICIL), Horace James, proved futile as calls to his numbers were not immediately answered.
