New GPC/Limacol announced yesterday that it was withdrawing plans to establish a “world-class” stadium at Bourda following misrepresentations made in the press.
According to a press release issued by Queens Atlantic Investment Inc (QAII), the parent company of New GPC/Limacol, its proposal to the boards of the Georgetown Cricket Club (GCC) and the Georgetown Football Club (GFC) would also have seen the setting up of cricket and football academies that would have benefited the youths of Georgetown.