Having invested US$14 million since commencing operations here, logging company Vaitarna Holding Private Incorporated (VHPI) is in an advanced stage of setting up its promised wood processing facility at Wineperu, Minister of Natural Resources and the Environment Robert Persaud has said.
In response to questions from Stabroek News, Persaud said he was advised by the Guyana Forestry Commission (GFC) that the facility is located at the company’s log yard at Wineperu on the west bank of the Essequibo River. “The facility is being constructed on an area of approximately 30,000 square feet. The land has been cleared; the surveying and design of the structure is in progress; and construction is expected to commence in the first quarter of 2014,” he said.
Vaitarna’s director Chethan Narayan was unavailable when Stabroek News contacted the firm’s office several times over the