Gov’t seeking private sector interest in sugar estates

The Rose Hall sugar factory (SN file photo)

While government is forging ahead with plans for the reopening of three of four shuttered sugar estates, it cannot solely sustain the sector and is calling on private investors to partner with it.

“We alone as a government cannot do it and that is why we are looking at the private sector to help sustain sugar,” Minister of Agriculture Zulfikar Mustapha told Stabroek News in an interview yesterday.

“It is a diversification strategy we are looking at. The Government of Guyana is the only shareholder of GuySuCo… eventually, the plan is to have private shareholders to ensure it is maintained and sustained,” he added.