The Government of Guyana through the Guyana Office for Investment (GO-Invest) has signed a Memorandum of Under-standing (MoU) with Caribbean International Distributors Inc., a member of the Rudisa Group of Companies, for the development of a US$35 million agro-processing facility at Enmore.
A joint release from GO-Invest and Rudisa, released by the Department of Public Information yesterday, stated that the facility is expected to engage in the production and packaging of various products, ranging from milk, natural fruit juices and water to a variety of bread products, such as hamburger rolls, biscuits, cookies, croissants, bagels and donuts, to supply Guyana’s local and export markets.
The release added that the facility will employ approximately 600 persons and will be a significant boost to the businesses of local fruit and dairy farmers, who will be the chief suppliers, and Guyana’s capacity for the large scale production of packaged fruit and dairy products.
“These are the kinds of investments we want to see in Guyana. The Govern-ment and Private Sector are working closely to ensure that we bring Agri-culture to the forefront of our economy. Although Guyana is now an oil producing nation, we must use this as an enabler for the Agriculture sector which is now taking off,” Minister of Agriculture Zulfikar Mustapha was quoted as saying about the venture.
Chief Executive Officer of Caribbean International Distributors Inc. Maurice Gajadhar added, “We are excited to expand our operations and to be instrumental in Guyana’s agricultural and industrial development through the employment of 600 persons once fully operational. We want to make sure that our people benefit from this investment and are eager to add value to the agriculture industry in keeping with our President’s vision for Guyana.”
The release called the agro-processing facility a major step forward in President Irfaan Ali’s vision for a sustainable and robust economy and a food secure Guyana as well as his desire for mega investments in the agriculture sector.
Additionally, GO-Invest Chief Executive Officer Peter Ramsaroop also underscored that the venture will considerably contribute to the president’s vision for an agriculture-focused Guyana, which will be focal in the government’s mission to transform the country into a large-scale exporter for the Caribbean and beyond.
