The Government of Guyana continues to press ahead with its focus on agriculture as evidenced by its handing over of an investment agreement with Demerara Dairy Inc (DDI) for the establishment of a $3 billion state-of-the-art dairy farm and milk processing facility.
This disclosure was made yesterday in a Department of Public Information (DPI) release which also informed that when completed, the facility is expected to create 70 direct jobs and another 150 jobs indirectly.
According to DPI, the agreement was previously signed by the Senior Minister in the Office of the President with Responsibility for Finance and the Public Service, Dr Ashni Singh, and handed over by Guyana’s Chief Investment Officer and Agency Head of the Guyana Office for Investment, Dr Peter Ramsaroop, to the Chairman and Chief Executive Officer of Demerara Distillers Limited (DDL), Komal Samaroo.