Natural Resources Minister blames energy cost for lack of value-added forestry

Natural Resources and Environment Minister Robert Persaud

With the government facing a barrage of criticism over the exportation of high value logs by Chinese and Indian companies, Minister of Natural Resources and the Environment Robert Persaud said yesterday that a major humbug to value-added products taking off is the high cost of energy.

“… We can talk from here to the top of Mount Roraima about value added in any area of our economy, but unless and until we definitively address the matter of energy we would just be having a good talk,” Persaud said.

Contending that the government has been insisting that foreign companies investing in Guyana include