Guysuco cut cost by $2B for 2010, unable to reach sugar target
Georgetown –
The Government’s turnaround plan for the Guyana Sugar Corporation (Guysuco) resulted in the company cutting cost by two billion dollars.
However, as a result of several week long industrial actions by workers coupled with the severe effects of La Nina and El Nino, GuySuCo, was unable to reach its revised project target of 264,000 tonnes of sugar by the end of 2010.
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