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Reply to "Building a US$5 billion oil refinery in Guyana unprofitable — expert"

Drugb posted:
caribny posted:

And when Guysuco's exports tumble as no one wants to buy Guyanese sugar where will these benefits be?   Europe no longer wants this. The UK will claim that they are no longer in the EU.  Guyana sugar is way above world prices so no one else will buy it.

So where will this macroeconomic "benefits" be?  Sugar is dead. Give it a decent burial.  Even Cuba and the DR, once large global exporters, have now dramatically scaled back.

Sugar can be profitable, however it will take technical knowledge, much effort and deep pockets to bring the industry around.  If other nations are competitive then Guyana can also be so, but I don't believe we have any local investors with the skill sets and deep pockets to bring this to fruition. What is clear is that it should not be a govt run industry. Meanwhile the PPP should make as much political mileage off of Granger's burden of closing down the industry, if they want to ascend to power in 2020. 

Clearly shows you don't know anything about sugar production in Guyana,also your blind support for the PPP is glaring it's all about the power to rule,to achieve that use the Indian people who follows blindly and can't comprehend the reality.

You and the crew only sees Indian vs Africans,your types are not needed to bring the people together,shame on you living in first world countries where patriotism is foremost,have you all not learn that division is not healthy for any nation.

Django
Last edited by Django
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