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Home›News›FGI intent on supporting the transformation of Guyana’s agriculture sector

FGI intent on supporting the transformation of Guyana’s agriculture sector

By Savitri Laikram
1 November 2023
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Farmlands Guyana Inc (FGI) has acquired lands for the purposes of farming and improving the agriculture industry.

FGI’s operations are situated in Ebini, Region 10 and spans 25,000 acres, the area is accessible by both road and river.

 

FGI has announced that a whopping 500 acres will be used for the cultivation of corn and soyabean, with preparations underway, the company stated that planting will commence in November.

 

The company is locally owned and focuses on the production of agricultural products for consumption by the domestic market and for regional export. 

 

In a statement issued by the FGI, the plan will be to double its current production until all the lands are utilised.

Inspired by the laudable national and regional drive to support food security and nutrition, FGI intends to use its current 25,000 operation to concentrate its efforts at the origin of the food value chain. Its market focus starts with the opportunity offered by the more than 15 million people living within the Caribbean Community and Common Market (CARICOM) who spend more than USD 5 billion on food.

The company has noted that the demand in the Guyana market is growing and FGI’s first target market will be the internal market. Once this is satisfied, FGI intends to satisfy the regional market.

 

The company has received significant support from the Government of Guyana and wishes to congratulate the Government on leading this regional initiative.

 

FGI anticipates it would be a prominent participant in the transformation of the country’s agricultural sector.

 

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BIG Smith News Watch was established in 2015 and is recognized by the Guyana press Association as a legitimate media outlet in Guyana. Our operation focuses more community, human interest and developmental issues. We also do focus on matters of crime, security, business, politics and current affairs. The entity is headed by Leroy Smith, a practicing journalist with experience in news gathering, reporting and coverage spanning seventeen years. Mr. Smith joined the media 2005 and worked at several media housing before launching BIG Smith News Watch in 2015.

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