Latest update June 22nd, 2026 7:44 AM
Mar 28, 2017 News
The Ministry of Natural Resources is expected to begin distributing the forest concessions that were given up by Barama in April.
Minister of Natural Resources, Raphael Trotman said that 17 expressions of interest have been received for the 1.6M hectares of lands. “We are in the process of reviewing them and will be in a position to start allocating in April,” Trotman said.
Last October, Barama, a Malaysian company with operations in Guyana, announced it had no intention of renewing its concession agreement after the expiry date of October 15, 2016. The lands then reverted to the state.
Meanwhile, Trotman dismissed recent claims by the Private Sector Commission in the local media that concessions were not being given out. The minister noted that the statements were inaccurate.
“We had to have a period of advertisement, a period of analysing the responses and we will be redistributing later this year,” Trotman explained. He pointed out that last December, 70 concessions were given out to small loggers throughout the country.(GINA)
Subscribe to get the latest posts sent to your email.
Your children are starving, and you giving away their food to an already fat pussycat.
Jun 22, 2026
Kaieteur Sports – The weather was not the only scorching thing this weekend as Jumbo Jet Events staged the first round of its Need for Speed Karting Championship at the 555 Speedway in...Jun 22, 2026
(Kaieteur News) – A curious silence has greeted what ought to be one of the most debated economic announcements of the year. President Irfaan Ali has indicated that bonds will be issued to members of the Guyanese diaspora, allowing them to invest in major infrastructure projects in Guyana. One...Jun 21, 2026
By Sir Ronald Sanders (Kaieteur News) – I have spent a decade in the councils of the Organization of American States. I have watched governments come and go, seen some crises handled well and others handled badly, sat through more commemorative meetings than sessions discussing pressing issues,...Jun 22, 2026
(Kaieteur News) – I like it. More money for Guyanese workers. Not private sector minimum wage workers, regrettably. If any local workers are due more money, private sector (and public service) minimum wage workers standout. More money is for Guyanese in the oil industry. Well, that’s...Freedom of speech is our core value at Kaieteur News. If the letter/e-mail you sent was not published, and you believe that its contents were not libellous, let us know, please contact us by phone or email.
Feel free to send us your comments and/or criticisms.
Contact: 624-6456; 225-8452; 225-8458; 225-8463; 225-8465; 225-8473 or 225-8491.
Or by Email: glennlall2000@gmail.com / kaieteurnews@yahoo.com