By Josiah Williams
The Guyana Sugar Corporation (GuySuCo) is set to undergo significant structural changes at the management level, as part of its modernization efforts aimed at boosting production and viability.
President Irfaan Ali revealed these developments during a recent press briefing.
President Ali emphasized the government’s commitment to ensuring the viability of the sugar industry through strategic investments and modernization initiatives.
He announced plans to bring in a new CEO for GuySuCo, who will spearhead the corporation’s transformation efforts.
The current CEO will transition into a new role within the organization.
In addition to changes in leadership, President Ali disclosed that GuySuCo will receive technical expertise from several countries, including India, Guatemala, Cuba, and Brazil.
These experts will provide assistance in various areas such as factory operations, agriculture, human resources, and modernization efforts.
The appointment of the new CEO is expected to take place “very shortly,” replacing Sasenarine Singh, who will assume the position of Guyana’s Ambassador to the European Union.
This transition marks a pivotal moment in GuySuCo’s revitalization journey.
Furthermore, the government has allocated 6 billion dollars to GuySuCo this year to support efforts to boost production and operational efficiency.
The modernization of GuySuCo represents a key component of the government’s agenda to revitalize the sugar industry and contribute to Guyana’s economic development.