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Jan 03, 2018 Letters
DEAR EDITOR,
Over the weekend, the Demerara Distillers Limited (DDL) in a strong statement said that it is deeply worried by plans by the Government to close three sugar estates down until investors could be found for them.
DDL depends heavily on molasses, a by-product of the sugar-making process, to produce its rums.
Editor, it is a fact that we cannot continue the course of bailing out GuySuCo. We have to make some hard decisions. With Enmore now on the divestment and privatisation track, and the only estate in the East Demerara area, there are some opportunities for DDL.
DDL, LBI and Enmore, because of past history, have land configurations and other benefits that can allow the rum company an ideal foothold in the sugar industry.
I am of course referring to the DDL statement carried by your newspaper which signals the company’s intentions to explore ways it can protect its molasses supplies.
DDL has an opportunity with Enmore estate and should make a serious offer. We should not give it away free, but a proper deal negotiated. There is an existing factory, fields and equipment. It is the nearest estate to DDL, in Diamond. So let us get it on.
Majeed Ally
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