Guyana optimistic it will make its 2014 sugar target

Agriculture Minister Dr. Leslie Ramsammy said he remains optimistic that the Guyana Sugar Corporation (GuySuCo) would meet its target of 216,000 tonnes this year.

He said all seven factories were functioning and that production levels so far this year, stood at 18,000 tonnes.

“I think by 2020, sugar will reach the target established of 400,000 tonnes. Those who think sugar is dead are dead wrong,” he said.

“Some of the factories with which we have had issues, are functioning relatively well at this time. Enmore which was one of the earlier estates that started production is about 4,600 tonnes and Skeldon which was one of the last of the seven factories to begin working is at around 1,600 tonnes.”

Ramsammy said that most of the estates were also meeting their target thanks to the improved weather conditions and that the Donald Ramotar administration would continue its support for the sector.

He said the decision by government to support the industry was justifiable given the fact that the industry has for several decades in the past provided the mainstay of the country’s foreign exchange earnings.

“We are not investing more that we are reaping, the industry has served Guyana well for centuries, and like every other industry it has its difficulties and it requires support from the government so we will give support,” he said.

“Those who claim that we are subsiding the industry too much, they are wrong, sugar has contributed to the welfare of the nation, large numbers of people are benefiting and some of the needs of society are being addressed as a result of the operation of the sugar industry,” Ramsammy said.

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