Over $284M in contracts issued by GuySuCo for punts

Aiming to meet its requirement to have 450 cane transporting punts in time for the 2022 opening of the Rose Hall Sugar Estate, the Guyana Sugar Corporation (GuySuCo) yesterday signed contracts with two companies for the supply and delivery of assorted materials. The contracts were signed to the tune of $284,157,050.

David Persaud Investments Ltd was awarded a contract for $255,657,050 in two lots while Gafsons Industries Ltd was awarded another contract also in two lots to the amount of $91,971,100. The signing took place in the presence of Minister of Agriculture, Zulfikar Mustapha; Chief Executive Officer of GuySuCo, Sasenarine Singh; Permanent Secretary, Delma Nedd; and Director General Mandalall Ramraj.