Despite failing to meet yet another deadline to begin processing logs here, Asian logging company Baishanlin will be allowed to continue exporting logs even as it has requested two more years to acquire wood-processing equipment.
“Whilst in its re-structuring phase the company no doubt will still be carrying out some operations and it is expected that some logs will be shipped,” Minister of Governance with responsibility for the natural resources sector Raphael Trotman told Stabroek News yesterday.
Last week, Trotman told reporters that restructuring and lack of financing are hampering Baishanlin in meeting Govern-ment’s year-end edict to begin substantial value-added production or face the revocation of its contract. The Government Infor-mation Agency had reported that