Stabroek News

Sugar refinery to be built at shuttered East Demerara Estate - President

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Holding firm to the position that sugar here is still viable, coupled with the expectatio­n that this year’s production will reach the 100,000-tonne mark, President Irfaan Ali on Monday announced that a sugar refinery will be built at the shuttered East Demerara Estate at Enmore.

“Just to let you know that we are going to invest in GuySuCo because GuySuCo can be profitable. We are now working on a plan through which we will get the 100,000 tonnes this year. But more importantl­y, we have an investor who is in the final stage of an investment decision soon, to convert the Enmore sugar estate that is now closed, into a sugar refinery, to refine the brown sugar there,” the President told the Private Sector Commission’s Annual Corporate Dinner, held at the Marriott Hotel, in Kingston, Georgetown on Monday.

He informed that the factory will have “a capacity of doing 1,800,000 metric tonnes annually. So whatever we can supply we will supply, then we will have to fill the gap so refining would occur.”

Ali did not name the investor and also did not expound on what he meant by government filling the gaps and if that meant government itself would be purchasing additional cane.

The President is optimistic that “hundreds of upscale jobs will be created there” and that there will be “more opportunit­ies for transport and logistics again”

to serve the sugar refinery and that the project would be operationa­l by 2026.

“So all of these things, I am telling you, is on the cards to come in two years’ time,” he declared, putting the private sector on notice that they will have “a very important role” to play.

Government last year said that it would transform the East Coast into a business and housing developmen­t zone, equipped to provide ample jobs and homes for residents of the area.

Some 661.78 acres of the former estate lands will be converted into an industrial zone that will see factories producing a range of products, aimed at making Guyana competitiv­e in manufactur­ing, and the infrastruc­ture is currently being developed to facilitate this,” Ali had said.

It is for heavy industrial, commercial and manufactur­ing facilities…,” he had explained to this newspaper.

At the former sugar packaging plant at Enmore, representa­tives had said that repairs were underway in preparatio­n for the facility to be transforme­d to accommodat­e the machining project in whicht Guysons and K+B Investment­s Inc (GK+B) had invested some $7 billion (US$35 million) last year.

Stabroek News understand­s that the sugar refinery will in no way affect this project.

Minister of Housing and Water, Collin Croal, had explained that there is currently a master plan for the former estate lands, but that work will be done in phases. Showing an illustrati­on of the plan, Croal explained that within the industrial zone there will be three categories – commercial, light industrial and heavy industrial.

Thirty-seven companies will have the opportunit­y to invest in the commercial area, about 30 in the light industrial zone, and around 34 in the heavy industrial zone.

Croal said that Ali, a former Minister of Housing himself, had pointed out that land on the East Bank Demerara was limited and that the focus should be on finding other areas with land space to develop. “You have now this East Coast Demerara shift…,” he said.

“With the design of the East Coast Demerara, you see us focused on overall urban planning. There are plans for creation of lots for housing, but there is also preparatio­n for having this [the Enmore Estate area] transforme­d into a zone to create thousands of jobs, have opportunit­ies for investment for both locals and foreign companies and… developmen­t,” the minister added.

Plans entailing the conversion of the former estate into an agro-industrial area and the setting aside of land for housing and other purposes were birthed in 2021.

Croal had issued an update saying that infrastruc­ture work – clearance, internal roads and access bridges – was being

carried out in preparatio­n for opening up the land strictly for commercial and industrial purposes. The site is currently being accessed through the corporatio­n’s old housing scheme where a road is being built.

The Minister of Housing reminded that work would be done in phases and that by the time the Wales gas-toshore project was completed, so would most of the industrial zone’s developmen­t work.

It is hoped that reliable and affordable power from the gas-to-shore facility will see people wanting to invest in manufactur­ing here.

 ?? ?? Irfaan Ali
Irfaan Ali

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