GuySuCo has to reduce cost of producing sugar

Dear Editor,

I am for subsidising the sugar industry, in the short-term, until alternative employment can be found for the sugar workers. With the high production cost of sugar in Guyana (two times the world market price) the sugar industry is not viable. While the David Granger Administration’s CoI into the sugar industry said investment then privatisation, which they ignored, it does not put a figure on how much investment would be required. To make sugar viable, GuySuCo would need to drive down the cost of producing sugar. I would suggest that they should look at making one estate viable. If successful, then not only will it boost morale in the industry, and by extension Guyana, they can then look at making other estates viable.

Yours faithfully,

Sean Ori