GuySuCo to undergo expansive revamping with $5B allocation -Minister Mustapha

– APNU+AFC’s own $100M COI showed closure of sugar estates not feasible Minister of Agriculture, Hon. Zulfikar Mustapha says the Government intends to use the $5 billion allocated to the Guyana Sugar Corporation (GuySuCo) to revamp the sector. In his address during the ongoing Budget debates on Thursday, the Minister…
Statement by Hon. Zulfikar Mustapha, Minister of Agriculture on the appointment of Sasenarine Singh as GuySuCo CEO

Financial Analyst Mr. Sasenarine Singh has been appointed Chief Executive Officer (ag) of the Guyana Sugar Corporation (GuySuCo) effective September 14, 2020. Mr. Singh holds a Master’s Degree in Finance from Lancaster University, an Executive Post Graduate Diploma from London Business School, and a Bachelor’s Degree in Accountancy from the…
Discussions advancing on estates reopening – MP Narine

-electricity production, other prospects being explored for sugar industry Some $5billion has been earmarked in the 2020 National Budget for the revamping of the sugar industry, which was torpedoed by the APNU+AFC Government. Since taking office in 2015, the now-ousted APNU+AFC Administration had sought to destroy the sugar industry to…
Conditional survey on GuySuCo to be completed in two weeks

–Minister Mustapha −report for Cabinet before funding The Government intends to reopen the Enmore, Rose Hall and Skeldon sugar estates, but the decision on which will open first depends on a survey currently being conducted by the Ministry of Agriculture. Line Minister, the Hon. Zulfikar Mustapha said funds would…
“Great things in store for coconut industry” Minister Mustapha

Gov’t to establish coconut nursery at Charity The coconut industry is set to benefit from several immediate Government interventions when the 4-months emergency budget is passed in the National Assembly in the coming weeks. During an outreach to the Essequibo Coast, Agriculture Minister Zulfikar Mustapha met with a number of…
Payment for paddy from millers among issues addressed

As agriculture Minister hosts stakeholders meeting with Reg. 2 rice farmers, millers Farmers along the Essequibo Coast, today met with Agriculture Minister Zulfikar Mustapha and expressed their dissatisfaction with the lengthy periods they are forced to wait for payment for paddy from millers. During several meetings in the Region, Minister…
Reopening of sugar estates was not a political gimmick – Min. Mustapha

-$5billion assigned to GuySuCo -closed estates to reopened, jobs to be created -$18.4billion allocated to agriculture sector The Guyana Sugar Corporation Inc. (GuySuCo) will be receiving $5billion from the Government’s new budgetary measures to rejuvenate the sugar industry, reopen the closed estates, and essentially, recreate employment. President of the Cooperative…