I assert; this will be another white elephant
http://www.kaieteurnewsonline....ther-white-elephant/
Dear Editor,
In response to my letter which appeared in news media on May 28, wherein I expressed concern about the financial viability of the newly constructed Plantain Chip Factory on the Island of Leguan, Sherod Duncan, Communications Officer in the Ministry of Business (MoB) attempted to justify the project by claiming it was conceived by the PPP/C, a government which was committed to Public Funded Enterprises.
He claimed that the APNU+AFC Administration reviewed and evaluated the project during its early development and found it worthy of investment. A similar project for the Island of Wakenaam was determined unfeasible.
Construction of the Leguan Factory was authorized by the MoB and it was recently completed. In an article which appeared in the media on May 23, Ms. Jagernauth, Permanent Secretary, of the MoB, stated that the Ministry was in the process of reviewing qualifications of persons to manage the Factory. She further asserted that only one response was received from an advertisement to operate the Factory.
Mr. Duncan in his media letter of June 1, elaborated by stating that the only company which responded to the Public Advertisement was selected to operate the Factory under a Lease Agreement. The Terms and Conditions under which a Lease Agreement was made by the APNU+AFC Govt. to a company without prior experience to operate the newly completed Plantain Chip Factory on the Island of Leguan, built without due diligence at considerable expense to the country, should be available for public scrutiny.
The details will indicate without any shadow of a doubt whether another “White Elephant” has been born under the watchful eyes of the APNU+AFC Administration, since as a matter of national concern, any Government loss making enterprise will have to be supported by public financing as is now the case with GuySuCo and other Govt. funded projects.
Charles Sohan