
President Irfaan Ali on Tuesday announced plans to establish 100,000 hectares of mega farms and unveiled a new investment model designed to accelerate Guyana’s transformation into a regional agribusiness hub.
Speaking at a press conference at the Office of the President, President Ali said the initiative is central to advancing food security, expanding exports, and linking South American supply to Caribbean demand.
“As you’re all aware, we have said very clearly that agribusiness opportunities, food security, and agriculture are not only going to be a priority of the Government, but they will be areas for investment opportunities. And we have to create, through the infrastructure we invest in and through the type of partnership we build, this ecosystem to support the business and economic opportunities out of the agribusiness development hub.”
“As you know, we are positioning ourselves as a regional food production and logistics hub for the Caribbean. Linking South American supply to Caribbean demand and partnering with Northern Brazil in Roraima and the Dominican Republic are central to achieving these objectives. There are some strategic infrastructure projects that we must pursue, as you all know, in advancing our competitiveness,” the Guyanese leader said.
Over the past several days, a team of stakeholders has been assembled – including representatives from the agriculture sector, the private sector, the Ministry of Agriculture, the Ministry of Finance, and investment bankers – to develop the framework for this initiative. The team will also collaborate with counterparts in northern Brazil’s state of Roraima on technology transfer and co-investment opportunities. According to the Guyanese leader, within four weeks, a clearly defined investment model, integrating partnerships with both Roraima and the Dominican Republic, is expected to be finalised.
“Our goal is to build an ecosystem that supports agribusiness development, creates investment opportunities, and positions Guyana as a regional food production and logistics hub,” the President explained. He emphasised that while the Government will provide enabling infrastructure and technology support, the model will be heavily private sector-driven, with co-investment opportunities for both regional and global players.
The mega farm project, covering 100,000 hectares, is expected to focus on crops such as corn, soybean, coconut, spices, cocoa, and coffee. President Ali pointed to emerging opportunities in large-scale cocoa production in the Pomeroon (Region One) and efforts to revive Guyana’s coffee industry, both of which are gaining traction with investors.
“I want to reiterate that whilst the Government is creating an enabling environment and supporting our agricultural sector with investment in infrastructure and technology, we want this to be heavily private sector driven, and we want to see a co-investment opportunity between major players in the regional and global market and our private sector itself,” Ali explained.
Guyana’s strategy also links ongoing initiatives such as the Bloomberg Greens regional food hub with its broader ambition to become a major food exporter. Strategic infrastructure, including logistics and processing facilities, will be key to ensuring competitiveness in regional and global markets.
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