Latest update March 28th, 2024 12:59 AM
Sep 17, 2021 News
Kaieteur News – The $10 million project for large-scale cultivation of 2,000 hectares Soybean and Corn farm in Guyana is set to initiate in April of 2022, by a consortium of Brazilian and Guyanese investors. The project points towards the development of the agricultural sector in Guyana, and bettering the lives of the Guyanese people. With the local cultivation of soybean and corn, it will be inexpensive for vendors, farmers and food market owners to acquire these goods for their businesses.
Delegate to Guyana of the Global Chamber of Business Leaders, Suresh Ramkissoon, told Kaieteur News that the project, in its initial stages, is valued $10 million, but is expected to increase throughout the course of the project. Further, Mr. Ramkissoon stated, “there is a three-year time period in which the $10 million investment is expected to be recuperated.”
He noted that excess soybean and corn produced would be exported, since the expected produce from cultivation is beyond Guyana’s domestic consumption capacity. Cultivation is scheduled to begin in April 2022, with results expected to be seen by September 2022.
A team is expected to visit the proposed site to conduct inspections and collect soil samples for testing, which will be done at the Ministry of Agriculture later this week.
THIS IDIOT TELLING GUYANA WE HAVE NO SAY IN THE 50% PROFIT SHARING AGREEMENT WE HAVE WITH EXXON.
Mar 28, 2024
Minister Ramson challenge athletes to better last year’s performance By Rawle Toney Kaieteur Sports – Guyana’s 23-member contingent for the CARIFTA Games in Grenada is set to depart the...B.V. Police Station Kaieteur News – The Beterverwagting Police Station, East Coast Demerara (ECD) will be reconstructed... more
By Sir Ronald Sanders Kaieteur News – In the face of escalating global environmental challenges, water scarcity and... more
Freedom of speech is our core value at Kaieteur News. If the letter/e-mail you sent was not published, and you believe that its contents were not libellous, let us know, please contact us by phone or email.
Feel free to send us your comments and/or criticisms.
Contact: 624-6456; 225-8452; 225-8458; 225-8463; 225-8465; 225-8473 or 225-8491.
Or by Email: [email protected] / [email protected]