APNU wants the sugar industry to be sustainable
As the Guyana Sugar Corporation (Guysuco) continues to find it hard to increase profits compared to several years ago, A partnership for national Unity (APNU) says it has no policy or intention to close the company or any part of the local sugar industry.
In a press statement the party said there is no dispute that over the past 10 years the industry has declined. APNU believes that the position of the company as well as a solution seems to be beyond the capacity of its current politically appointed Board of Directors.
The main opposition bloc says the once vibrant and profitable industry is now totally insolvent with sugar workers and their families uncertain about their livelihoods and future.
APNU thinks the time has come for a restructuring of the Board of Directors with competent professionals as a first step in solving the problems of the industry. Only competent professionals can bring about a credible strategic turnaround of the Sugar industry says APNU.
The partnership is also calling on the workers unions in the industry and the workers they represent to demand urgent changes to GuySuco’s management at all levels.
A Commission of Inquiry into the sugar industry APNU believes is necessary at this time to give an expert analysis of the company.