Latest update March 25th, 2025 7:08 AM
Latest News
- Surinamese invest US$516M into country’s first oil project
- ExxonMobil impact study for Hammerhead project silent on likely explosion from new pipeline
- ‘A shocking breach’: Trump officials leak military attacks to The Atlantic
- Pensioner goes missing during creek outing at Kwakwani
- Cuban national jailed for entering Guyana illegally
Chinese logging firm signals interest in establishing wood products park
Bai Shan Lin Forest Development Inc., a Chinese wood processing company operating in Guyana, is looking to move ahead with haste on its large scale industrial plans to establish a trade park.
Whenze Chu, Chairman of the China Forest Industry Group Company Ltd, the parent company of Bai Shan Lin which engaged in timber harvesting, sale and processing, yesterday met with President Donald Ramotar and Minister of Natural Resources and the Environment, Robert Persaud, for talks.
President Donald Ramotar reviews business plans presented by Chairman of the China Forest Industry Group Company Ltd, Whenze Chu, during a meeting that also involved Minister of Natural Resources, Robert Persaud.
The park will occupy five square kilometers and will promote various kinds of wood products and brands.
While wood processing will be the main feature, the park will also encompass industries for ship building, woodworking, machinery, processing and manufacturing, food and aquatic processing, mining, a school and hospital, a government statements said yesterday.
Construction of an international mall and an exhibition centre to showcase finished products manufactured at the Bai Shan Lin plant in Linden and other entrepreneurship ventures are also on the cards.
Providence in the vicinity of the Guyana National Stadium on the East Bank Demerara has been proposed. This area has been flooded with investments so numerous that in the near future will make it part of the urban network.
Similar Articles
THE BLUNT OF THE DAY
Sports
Features/Columnists
Desecration, Disrespectful, and Disgraceful
Peeping Tom… Kaieteur News- The solemnity of Babu Jaan, a site meant to commemorate the life and legacy of Dr. Cheddi... more
The Caribbean: Destined to Grin and Bear the Consequences of Its Self-Created Vulnerabilities?
By Sir Ronald Sanders For decades, many Caribbean nations have grappled with dependence on a small number of powerful countries... more
Weekend Cartoon
