Reply to "Asian wood companies told to start value added production or face contract termination"

Originally Posted by baseman:
Originally Posted by caribny:
Originally Posted by seignet:
Originally Posted by baseman:

Good move.

It takes more than 4 months to set up  a wood processing plant. They made Trotman a fool.

 

Whatever they plan to make, curing the wood takes years.

Once again a government of Guyana is lacking in Business Knowledge.

So does the wood magically cure en route to India or China?

 

We need to find out their justification for shipping raw timber and processing it there. We should not prejudge as businesses will make decisions which are most profitable.  Sometimes the "apparent" is not what it seems to the simple minded.

Producing consumer goods for the West takes alot of skills and mechanization.

Guyana is not equipped for such large scale ventures-at this time. Our governments have never grasped the reality of it. They talk of value added, but they really doan know what is involved. And how the Chinese go about it.

 

The current government should undertake an effort to promote at the local level value added processes. Develop Guyanese. 

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