GUYIMEX International Inc., a reputable company in Guyana’s food production sector, has announced the launch of an innovative food production and storage facility, poised to lend tremenduous support to the country’s agricultural landscape.
This state-of-the-art initiative aims to modernize food production and storage practices by incorporating advanced technologies and sustainable methods.
At the heart of the facility is the integration of cutting-edge hydroponic systems. This technology allows for plant cultivation without the need for soil, using mineral nutrient solutions in an aqueous medium. This method not only optimizes water and nutrient use but also promotes faster growth rates and higher yields compared to conventional farming.
The facility’s design also includes temperature-controlled environments that ensure optimal storage conditions for a variety of food products. This state-of-the-art infrastructure is critical for maintaining food quality and safety across the supply chain, minimizing wastage, and extending the shelf life of perishable items. The advanced storage solutions will enable GUYIMEX to deliver fresh and safe products to consumers, thereby supporting food security and quality standards in the region.
In a statement, Charles Sahadath, CEO of GUYIMEX International Inc., expressed his excitement about this landmark project. “We are ecstatic to embark on this project, which marks a significant milestone in our journey,” he said.
Sahadath emphasized that the initiative is the culmination of extensive collaboration with partners and investors, all committed to meeting the growing demands of Guyana’s market. He highlighted the project as a testament to the company’s dedication to innovation and excellence in food production.
“By building a hydroponic facility for local consumption and regional distribution, we aim to significantly reduce our imports,” Sahadath noted, referencing the ‘CARICOM’s 25 by 2025’ initiative, which seeks to reduce the region’s food import bill by 25% by the year 2025.
The project, with an initial investment of US$13.2 million, will cover land acquisition, construction, and operational costs for the first phase. An additional US$28 million has been earmarked for the second phase, which includes further development and product expansion. “Our investment reflects our commitment to transforming Guyana’s agricultural sector and contributing to food security,” Sahadath remarked. He also underscored the importance of leveraging the company’s resources and expertise to make a substantial impact on the industry.
The new facility is anticipated to generate numerous employment opportunities, ranging from skilled agricultural positions to administrative and technical roles. This influx of jobs is expected to provide sustainable employment and stimulate economic growth in the local community, furthering the development of the region.
In addition to the facility launch, GUYIMEX International Inc. will participate in the upcoming Caribbean Investment Forum from July 10th to 12th. The company invites stakeholders, partners, and the public to join them in celebrating this significant milestone by visiting their booth at the event.
