New cold storage facility part of multi-billion dollar investments from Guyanese/Canadian company

New and specialised services across several sectors are expected in Guyana in the next few years as a new Guyanese/Canadian company, the Warehouse Transport Group Guyana Inc., enters the local market.

Ryan Burrowes, the company’s head, told the News Room on Thursday that a US$45 million large-scale cold store facility will be constructed in Guyana in collaboration with Nova Scotian company Lindsay Construction and local Guyanese engineering firm E&A Consultants.

This state-of-the-art facility will be approximately 100,000 to 150,000 square feet.

“We will create many jobs with this, we will create bilateral trade with this cold storage facility (and) we will be able to save a lot of waste that happens with fruits and vegetables here,” Burrowes said.

Currently, the partners are scouting for potential locations for this facility, and envisage that it can be completed in two years’ time. According to Burrowes, cold storage is greatly needed as Guyana expands local agricultural production.

Once completed, the cold storage facility will be able to store produce for export and those imported. In doing so, it is expected to boost Guyana’s trade.

Beyond this project, the Warehouse Group will also create an advanced waste treatment facility at the forthcoming Four Points Sheraton hotel at Houston, East Bank Demerara.

Together with joint venture partner BMSNA, the Warehouse Group signed a historic deal to construct a modular waste water sewage treatment system.

Finally, the Guyanese/Canadian company has brought the services of Atlantic Towing, a subsidiary of J.D Irving Limited- the largest offshore supply vessel operator in Canada, to Guyana.

The companies, Burrowes said, will be supplying Guyana’s oil and gas sector with marine service vessels, supply ships and barges. And Burrowes does not believe there are many companies already providing these particular services.

“I think there’s enough room to bring supply vessels here…there is enough room for it,” the Warehouse Group CEO said.

Burrowes believes that these new ventures will contribute to Guyana’s economic growth and create scores of jobs for locals.