The US$1.4 billion real estate project planned for Mahaica will be situated just opposite Clonbrook and it will be sited on 1,000 acres of transported, private lands.
Work is anticipated to commence before the end of the year, according to the two Guyanese businessmen behind the project, Ragindra Persaud of Nand Persaud Group of Companies and Sudama Ramalingum of New Trend Auto.
No details on financing have yet been provided.