Guyanese entrepreneur announces state-of-the-art food production & storage facility

GUYIMEX International Inc., a pioneering force in Guyana’s food production sector, proudly announces its upcoming state-of-the-art food production & storage facility.

This initiative aims to revolutionize the landscape of food production and storage in Guyana, utilizing advanced technologies and sustainable practices.

“We are ecstatic to embark on this project, which marks a significant milestone in our journey,” said Charles Sahadath, CEO of GUYIMEX International Inc.

“Our team has been tirelessly working with our partners and investors to ensure that we are fully equipped to meet the growing demands of Guyana’s market. This facility is a testament to our commitment to innovation and excellence in the food production industry.”

The facility will include cutting-edge hydroponic systems designed to optimize food production and reduce the country’s reliance on imported goods. Hydroponics, a method of growing plants without soil, uses mineral nutrient solutions in an aqueous solvent, providing an efficient use of water and nutrients, which ensures faster growth rates and higher yields compared to traditional farming methods.

“By building a hydroponic facility for local consumption and regional distribution, we aim to significantly reduce our imports, which aligns with ‘CARICOM’s 25 by 2025’ initiative championed by His Excellency Dr. Mohamed Irfan Ali,” Sahadath added. In addition to hydroponics, the facility will feature temperature-controlled environments to maintain the optimal storage conditions for various food products.

This state-of-the-art infrastructure will play a critical role in ensuring food quality and safety throughout the supply chain. The advanced storage solutions will help minimize food wastage and prolong the shelf life of perishable goods, ensuring that consumers receive fresh and safe products. The total investment for this ambitious project stands at US $13.2 million for the first phase, with an additional US $28 million allocated for the second phase.

These funds will cover land acquisition, construction, operational costs, and product development. “Our investment reflects our commitment to transforming Guyana’s agricultural sector and contributing to food security,” said Sahadath. “We believe the time is right to leverage our resources and expertise to make a lasting impact on the industry.” The facility is also set to create numerous job opportunities for the local community, from skilled agricultural workers to administrative and technical staff.

This initiative is expected to boost the local economy and provide sustainable employment options, contributing to the overall development of the region. GUYIMEX will also be participating in the upcoming Caribbean Investment Forum, slated for July 10th-12th, and invites stakeholders, partners, and the public to join them in celebrating this milestone by visiting their booth. GUYIMEX looks forward to leading the way in innovative food production and storage solutions. [GUYIMEX International Press Release]