Mar 08, 2022 –Kaieteur News – By Shervin Belgrave
“We are not selling the Enmore Packaging Plant, we just moving it to Berbice” – President Ali
President Mohamed Irfaan Ali believes that if he was running a private corporation, such as the Guyana Sugar Corporation (GuySuCo), he would have been given incentives and bonuses by its board of directors for scrapping a project like the U$S12.5M Enmore Packaging Plant located on the East Coast of Demerara (ECD), and spending more money to build a new one at Albion, Berbice, Region Six.
At least this is what the president told reporters at a press conference he held on Sunday.
His government on February 16, last had included the packaging plant in a 55-acre land deal it made with a 52 percent owned Guyanese joint-venture, Guysons K+B Industries Inc. According to reports, the company acquired the US$12.5M plant, owned by GuySuCo, on a long-term lease from the government and intends to transform the facility from its original use – to package sugar – into a manufacturing hub to support the oil sector. Continue reading →