DDL signs deal with gov’t for US$15m milk plant

By Marcelle Thomas On In Guyana News |
(From left) TOPCO’s Managing Director, Ramesh Persaud; DDL’s Government Affairs Consultant, Wesley Kirton; LR Group’s Rami Ofer; and DDL Chairman and CEO, Komal Samaroo, at the press briefing in May this year.
(From left) TOPCO’s Managing Director, Ramesh Persaud; DDL’s Government Affairs Consultant, Wesley Kirton; LR Group’s Rami Ofer; and DDL Chairman and CEO, Komal Samaroo, at the press briefing in May this year.

Demerara Distillers Limited (DDL) and the government on Friday signed an agreement that would see the establishment of a US$15m milk plant following positive results from a feasibility study the company had conducted.

“We have been working on the feasibility and we have come to a conclusion that it was feasible. We presented it and are working on a specific location and so on,” Chairman of DDL Komal Samaroo told Stabroek News yesterday.

“The government has approved it and we are looking at options, because there are a couple, for its location,” he added, pointing out that the agreement was signed last week.