$10B NAMILCO expansion: Depth of Guyana-US economic cooperation on display with wheat importation – US Embassy

Guyana’s economic cooperation with the United States continues to be strengthened, and this was fortified by the recent import of thousands of tonnes of high-quality US wheat for local flour production.
On Friday, Deputy Chief of Mission at the US Embassy in Georgetown, John Crippen, observed the arrival of the wheat onboard a vessel from Houston, Texas, at the National Milling Company of Guyana Inc (NAMILCO) Wharf in Georgetown.
It was noted that this shipment of wheat is a critical input for flour production at NAMILCO, providing a staple food source for households throughout Guyana.
NAMILCO is owned and managed by US-based Seaboard Corporation, a diversified global agribusiness and transportation company.

According to the US Embassy in a social media post on Friday, “This longstanding partnership exemplifies the depth of economic cooperation between the United States and Guyana. The relationship that exists between Seaboard and NAMILCO is a wonderful example of an even larger partnership between the United States and Guyana to enhance food security, create quality employment, and support economic diversification.”
It went on to note that the United States remains steadfast in its commitment as Guyana’s preferred partner, working collaboratively to advance global food security and shared economic prosperity.

$10B NAMILCO expansion
Back in October 2025, NAMILCO had announced a $10 billion capital investment in a new state-of-the-art flour mill, expanded wheat storage facilities, and enhanced wharf infrastructure to significantly enhance its production capabilities to support both domestic and growing export demand.
NAMILCO said, in a release last October, that the construction of these new facilities is expected to begin in the first quarter of this year, with commissioning targeted for 2027.
This project, according to the company, reinforces its long-term commitment to advancing Guyana’s agri-industrial development and supporting regional food security initiatives.
“This expansion represents more than an investment in infrastructure; it’s an investment in people, skills, and the sustainable future of Guyana’s food industry,” Chief Executive Officer (CEO) and President of Seaboard Overseas Trading Group, Jack Bresky, stated. “We are proud to partner with the Government of Guyana as we align with President Ali’s vision for regional food security and increased value-added production,” he added.
The new processing mill is expected to boost local production capabilities and create significant employment opportunities across technical, operational, and logistical sectors. The project will also incorporate modern technologies and training programmes to develop local expertise in advanced milling operations.
In addition to this expansion, NAMILCO is actively engaging with the government to explore opportunities for the commercialisation of local cassava flour production. This initiative aims to diversify Guyana’s flour offerings, promote agricultural innovation, and further strengthen the country’s self-sufficiency in food production.
Further demonstrating its long-term confidence in the Guyanese economy, Seaboard will also be conducting due diligence related to the potential entry into integrated pork production and processing, as well as liquefied natural gas (LNG) distribution opportunities.
These exploratory initiatives underscore the company’s holistic approach to value-chain development across food production and energy infrastructure – two key enablers of sustainable national growth.
This announcement follows the successful commissioning of NAMILCO’s Mixing Plant in 2023, inaugurated by President Dr Irfaan Ali. That facility marked a major step toward value-added food production in Guyana and laid the foundation for today’s investment.
“Our continued investment demonstrates our strong belief in Guyana’s economic potential and our commitment to contributing to its long-term industrial growth,” Bresky added while stating, “Together, we’re building a stronger, more resilient food system for the Caribbean and beyond.” Construction on the new facilities is expected to begin in the first quarter of 2026, with the commissioning targeted for 2027.