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FM
Former Member

- Stabroek News - http://www.stabroeknews.com -

‘Flat’ performance contracted Berbice economy in 2014

Posted By Staff Writer On December 19, 2014 @ 5:04 am In Business | No Comments

The Berbice Chamber of Commerce has listed sluggish paddy prices, the inability of GuySuCo to achieve its crop production targets and falling gold prices as being among the primary reasons for the disappointing performance of the economy of New Amsterdam and its environs this year.

“For most businesses it was really a flat performance. Only a few businesses showed financial growth for 2014 when compared to 2013,” Chamber President Mark Roopnarine told Stabroek Business in a recent interview.

Roopnarine told Stabroek Business that even as the indifferent performance of GuySuCo had impacted negatively on both employment and earnings in the community, rice farmers were forced to absorb depressed paddy prices mainly on account of what millers asserted was the high cost of moving rice to Georgetown occasioned by toll rates for the crossing of the Berbice Bridge.

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Rice millers in Berbice has discount prices for 'wet paddy' at BBP, yet a dryer building and concrete drying pad at Lesbeholden agriculture farm sat idle for years, with new equipment still in crates.

I hope PPP lawyers in Berbice don't control the Chamber of Commerce again, so the truth about Berbice economy can be made public.    

Tola
Last edited by Tola
Originally Posted by KishanB:

- Stabroek News - http://www.stabroeknews.com -

‘Flat’ performance contracted Berbice economy in 2014

Posted By Staff Writer On December 19, 2014 @ 5:04 am In Business | No Comments

The Berbice Chamber of Commerce has listed sluggish paddy prices, the inability of GuySuCo to achieve its crop production targets and falling gold prices as being among the primary reasons for the disappointing performance of the economy of New Amsterdam and its environs this year.

“For most businesses it was really a flat performance. Only a few businesses showed financial growth for 2014 when compared to 2013,” Chamber President Mark Roopnarine told Stabroek Business in a recent interview.

Roopnarine told Stabroek Business that even as the indifferent performance of GuySuCo had impacted negatively on both employment and earnings in the community, rice farmers were forced to absorb depressed paddy prices mainly on account of what millers asserted was the high cost of moving rice to Georgetown occasioned by toll rates for the crossing of the Berbice Bridge.

why transport rice to georgetown why not shipped from berbice 

FM

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