Go-Invest says indirectly involved in sugar privatisation

Patricia Bacchus

The Guyana Office for Investment (Go-Invest) is indirectly involved in the Government’s effort to divest the assets of the Guyana Sugar Corporation (GuySuCo) but it doesn’t have the mandate to lead these efforts.

Questions had been raised as to why Go-Invest was not handling this matter for the government.

Chairperson of the Go-Invest Board of Directors, Patricia Bacchus explained at an end-of-year press conference on Monday that divestment in Guyana comes under the privatisation unit.