…operations likely to commence in 2027

Work is progressing steadily on two major private investment projects in Region Three (Essequibo Islands-West Demerara): a white sugar refinery and a fertiliser blending plant. Both projects are being developed by local businessman Komal Singh through joint ventures with regional and international partners.

The fertiliser blending plant is being developed by Singh’s company GAICO in collaboration with FERSAN of the Dominican Republic to the tune of US$12 million, under the joint venture brand ‘Guyfer’. Located on the West Bank of Demerara (WBD), the plant will produce fertilisers for local and regional farms.