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Former Member

Skeldon factory to come under scrutiny as first sugar crop ends

Posted By Staff Writer On May 27, 2014 @ 5:11 am In Local News | No Comments

As the Guyana Sugar Corporation (GuySuCo) looks to the end of its first crop for this year, stakeholders are mulling the cost effectiveness of the Skeldon factory.

President of the Guyana Agricultural and General Workers Union (GAWU) Komal Chand told Stabroek News that GuySuCo should be preparing to present the figures after the first crop total has been finalized. He said the cost of production has been reduced but not to the point where the factory is able to meet targets. Chand said that at the end of the crop the breakdown of the figures will have to be compiled and reported on.

During his 2014 budget address, Agriculture Minister Dr Leslie Ramsammy had stated that the intention was to have quarterly reports handed over to the National Assembly to keep stakeholders informed on the corporation’s financials.

APNU’s Shadow Minister of Agriculture Dr Rupert Roonaraine told Stabroek News that since Parliament reconvened he would be reminding Ramsammy of this commitment in writing. Roonaraine stated that Skeldon’s fiscal breakdown was a necessary part in understanding how well the industry was doing as a whole.

The first crop is estimated to be completed by the end of next week and Skeldon still has an additional 900 tonnes of sugar to grind.

Former Member

No Chinese warranty for ‘botched’ Skeldon Sugar Factory

….CEO says firm has no more obligations to GuySuCo
The Guyana Sugar Corporation (GuySuCo) is yet to start making payments to the Guyana Government which in turn would make repayments to the Chinese, for the loans for the Skeldon Sugar Factory.

The troubled sugar factory

This was confirmed by the entity’s Chief Executive Officer (CEO) Paul Bhim, who was responding to queries about recourse available to the government from the Chinese Firm, in light of the numerous defects still plaguing the multi-million dollar edifice.
According to Bhim, there is no warranty for the factory and that the “defects notification period” has already expired a long time ago.
It was during this time that identified defects would have fallen under the responsibility of the Chinese Firm.
Bhim assures that all of the defects identified by the Chinese during that period would have been resolved by them and the new defects developed subsequently, hence the South African Engineering firm being paid to remedy the situation.
He reminded of Booker Tate which had been contracted to manage the factory and said it was that company that signed off on the works that were being undertaken at that time by the Chinese Contractor.

5/27/145:59 AM

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No Chinese warranty for ‘botched’ Skeldon Sugar Factory

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