An Israeli company, Karligo Inc., is investing US$15.7 million in a new hydroponics project in Guyana and a release from the Ministry of Agriculture noted that fresh herbs, lettuce and leafy vegetables will be grown at this project.
Agriculture Minister Zulfikar Mustapha told the News Room that this project is being executed at Mon Repos, East Coast Demerara (ECD).
See below the full release issued by the Ministry of Agriculture:
Agriculture Minister, Zulfikar Mustapha today met with Non-Resident Israeli Ambassador to Guyana, Itai Bardov.
During the meeting, the two officials discussed additional areas for collaboration in agriculture as well as the status of ongoing partnerships.
Also present at the meeting were Business Development Director at the LR Group, Mr. Joseph Harrosh, and the CEO of the Seal Group, Matan Koren. Mr. Koren is leading the team of investors from KARLIGO INC. who are currently working to develop a massive hydroponic production system project in Guyana.
As it relates to the hydroponic project, Mr. Koren indicated that the container with equipment to commence the project is scheduled to depart Israel tomorrow and should arrive in Guyana in the next four to six weeks.
Approximately US$15,750,000 is being invested by the company to execute the project which will involve a three-phase hydroponic production system based on nutrient film techniques and soilless production systems. These systems shall be designed for the production of fresh herbs, lettuce, and other leafy vegetables as well as other high-value crops.
