Indian logging company, Vaitarna, buying portable mills, four Mack trucks

As worry continues to mount over the operations of logging companies in Guyana, Indian-owned Vaitarna Holdings Private Inc (VHPI) says that it hopes that a wood processing facility will be up and running before the end of the year.

Former President Bharrat Jagdeo

But the firm by its own admission will continue to concentrate on logging activities with four trucks to arrive in Guyana by next week.
Investments at this time will include two pieces of portable sawing equipment.
Vaitarna, like Bai Shan Lin, a Chinese company, is being heavily scrutinized over its logging activities.
There are concerns that Guyana has been bending over backwards to accommodate logging companies without ensuring they move more into other processing activities. Compared to the so-called down-stream, value-added activities, logging has long been seen as contributing very little to development but taking out significant resources which could otherwise bring in millions more if processed.

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