Even as it mulls other investments within the manufacturing and construction sector, the Trinidad and Tobago-headquartered ANSA McAL Group of Companies has announced plans for an 82-acre wharf and laydown yard at Wales on the West Bank of Demerara and is conducting a feasibility study for a brewery.
“The Group acquired 82 acres of land in the Wales, West Bank Demerara region and will begin the development of a wharf and laydown yard within that acreage to facilitate port and marine commerce,” the Group’s Chief Executive Officer, Anthony Sabga III, told attendees on Friday at an event to celebrate 30 years since the company’s establishment here.
“In addition, the Group is currently considering significant investments within the manufacturing, construction, real estate and beverage sectors,” he added.