THE Guyana Sugar Corporation (GuySuCo) Inc. yesterday inked an agreement with Combe Markt of Suriname which will see sugar from Guyana re-entering the market of our eastern neighbour after an absence since 2008.
Combe Markt is one of the largest supermarket chains in Suriname and controls over 25% of the market share in retail sugar sales. Representing the company at the signing ceremony at GuySuCo’s Ogle head office was Managing Director, Mrs. Sharmila Lowtoe.
According to Mrs. Lowtoe, this partnership is in line with efforts by the two countries to significantly improve their relationship and integration. She alluded to the fact that “her company has been doing business with GuySuCo for over 15 years” and stated that she “was very pleased that the high quality sugar from Guyana will once again be entering the Surinamese market much to the delight of local consumers there”.
GuySuCo was represented by its Chief Executive Officer Mr. Paul Bhim, Deputy Chief Executive Officer Mr. Rajaindra Singh, Marketing Manager Mrs. Roxanne Greenidge and Shipping and Logistic Manager Mr. Dexter Cox.
Mr. Bhim in his remarks indicated that the agreement serves to further highlight the regional and international demand for GuySuCo’s world renowned sugar. He added that GuySuCo’s effort to increase its presence once again in both traditional and non traditional markets is in line with the corporation’s aggressive drive to significantly increase its production over the coming years.