Black Bush Polder has been earmarked by Umami Incorporated for a multi-million dollar agro-processing facility which is expected to be a boon to the farmers in the region.
The Ministry of Agriculture yesterday stated in release that it inked a Memorandum of Understanding (MOU) with Umami Incorporated and the Guyana Office for Investment (GO-Invest) for the construction of a multi-million dollar agro-processing facility in Black Bush Polder, Region Six.
Umami Inc is a Guyanese manufacturer of agro processed items which include sauces, seasonings and condiments.
Construction of the facility is set to begin within the next six months and is expected to employ over 60 persons when completed.
Managing Director of Umami Inc, Chris Persaud, said that the facility will enable the company to integrate existing products into its product line. He added that the construction and operation of the facility will facilitate the transfer of technology to farmers in Black Bush Polder.
“As a manufacturer of high-quality value-added food commodities, we are proud to be exercising our patriotic duty to be a part of the rebuilding of the area. Black Bush Polder, as many of you may know, is pretty much the heartland of our primary produce so this is also an opportunity for integration into our existing line of products. We also see it as an opportunity to transfer technology to the farmers so that they can increase their capacity. The ultimate goal of the facility is to find ways and means to enhance the shelf-life of the traditional products we have so that we can have less wastage and spoilage,” Persaud outlined.
During the signing ceremony, Agriculture Minister Zulfikar Mustapha remarked that the government is keen on ensuring more value-added commodities are produced in Guyana.
“Part of the government’s agenda for agriculture is to have more value-added products coming out of Guyana. Many farmers are still practicing subsistence farming and this is preventing them from getting the full value of their produce. As a government, we want to ensure that the necessary facilities are available while assisting farmers to have more monies for their produce. With Guyana now playing that lead role in agriculture in CARICOM and a task force set up to advance the agri-food system, we are looking at ways to remove the barriers that are hampering the export of our produce to certain parts of the Caribbean. I think we have a good opportunity, once those barriers are removed, to have our produce exported to other parts of the Caribbean and the world,” Mustapha was quoted as saying.
The Minister further stated that the government will be facilitating investments though Public-Private Partnerships in a bid to encourage and promote investment in the sector. And for this particular project, the government will be doing some infrastructural work in the area to ensure things are in place. “Mr. Persaud has indicated his willingness to commence construction as soon as possible so that this project can come into fruition soon so that the full potential of Black Bush Polder can be fully harnessed,”
He also pointed out that Black Bush Polder is one of the areas in Guyana that produces a lot of agricultural commodities. These farmers, Mustapha noted, are often short-changed in terms of pricing and he opined that this facility will enable the farmers to process their produce while creating jobs for other residents.
According to the release, although a final investment amount has not been determined, Persaud informed that the facility will be outfitted with A-grade technology to ensure quality products are produced since the brand is hoping to add products like canned vegetables to its line of products. In addition, the products that will be produced will remain under the Umami brand given the fact that the brand is already known.
Chief Executive Officer of GO-Invest, Dr Peter Ramsaroop in his remarks said that there has been a significant increase in investments in the agriculture sector over the last year from both local and foreign investors.
“The Caribbean imports close to $8 billion worth of food every year, and Guyana from an investment side, we’re seeing a lot of both foreign and local investors. What we’re most proud of is that our local folks are stepping up to the plate, investing in agro-processing and large-scale farming. Our office is seeing a significant increase for the agriculture sector. For the year alone we’re in double digits on investments in the sector. Ultimately, so far, close to 500 jobs will be created with the agreements we’ve signed for the agriculture area,” Ramsaroop said.
