A major Indian company, the D Y Patil Group is said to have begun the process of cultivating 65,000 hectares of land in the Canje Basin but there has been no information on the agreement with the government aside from a passing reference to a Memorandum of Understanding (MoU).
Sources have told Stabroek News that an MoU with the group – an education behemoth in India which has diversified into agriculture and other areas ‒ appears to have been signed earlier this year but the details have not been publicised in Georgetown. The government here has been accused of not being upfront with the Guyanese public on a number of major investment deals.
The last reference to the D Y Patil Group’s MoU came in the form of a release from the