Chinese company Baishanlin’s forestry operations have stopped as the company seeks further financing, Minister of Natural Resources Raphael Trotman has said.
“As far as I am aware Baishanlin is not exporting logs,” Trotman said in response to a question from Stabroek News at a press conference on Wednesday. He said he met recently with China’s ambassador to Guyana and the company was discussed.
“It is my understanding that the company’s forestry operations have come to a halt, that they are seeking new and further financing, and that the principal for the company is currently in China meeting with state and private sector officials, and I believe, the China Development Bank about the