Squatters destroy $2B in cane varieties

 Squatters destroy $2B in cane varieties

THOUSANDS of cane varieties have been destroyed resulting in a potential loss of billions of dollars in future cash flows due to the occupation of lands that belong to the Guyana Sugar Corporation (GuySuCo) by squatters.

Several squatters have been occupying GuySuCo’s lands in Vryheid’s Lust, Success, and Chateau Margot areas along the East Coast of Demerara (ECD). Numerous structures have been erected in these areas, even some appearing to be permanent structures.

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