GuySuCo to Surpass its Target for 2018 … Employees will Receive Bonus for 2018

Georgetown, December 12, 2018.

The Guyana Sugar Corporation Inc. (GuySuCo) is poised to achieve its production target for the year 2018 which is 103, 000 tonnes of sugar. As at 12 December, 2018, 100,485 tonnes of sugar has been produced for the year. This is in excess of 12,000 tonnes more than what was achieved for the entire year, 2017, from the three estates – Albion, Blairmont and Uitvlugt.

Thus far, the three estates have collectively surpassed their weekly targets on 26 occasions for the year which translates to payment of Weekly Production Incentive (WPI).  The qualified employees’ will therefore receive a bonus for the year 2018, as a reward for their performance and the value of which would be dependent on the final production.

The Corporation would like to thank all employees for remaining focus on the task at hand and delivering a successful target. With a few weeks left for the Second Crop, employees are encouraged to maintain the team spirit and managers must continue to show strong leadership and management in 2019.