NAMILCO Announces $10B Expansion
October 21, 2025
The National Milling Company of Guyana (NAMILCO), owned and managed by Seaboard Corporation, has announced a major GYD $10 billion investment aimed at expanding Guyana’s flour milling capacity and advancing national food security goals.
According to a press release issued by the company, the investment will support the construction of a new state-of-the-art processing mill, the expansion of wheat storage facilities, and the upgrade of NAMILCO’s wharf, designed to meet both domestic needs and growing export demand. The initiative underscores the company’s long-term commitment to Guyana’s agri-industrial growth and the broader regional food security agenda.
“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,” said Mr. Jack Bresky, CEO and President of Seaboard Overseas Trading Group. “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.”
The new processing mill will significantly boost local production, create jobs, and build technical capacity across multiple sectors. It will also feature advanced milling technology and specialized training programs to strengthen local expertise.
Beyond flour production, NAMILCO is collaborating with the Government of Guyana to explore commercial cassava flour production, aimed at diversifying flour offerings, promoting agricultural innovation, and enhancing self-sufficiency in food manufacturing.
Further signaling its long-term confidence in Guyana’s economy, Seaboard Corporation is also conducting feasibility studies for potential ventures in integrated pork production and processing, as well as liquefied natural gas (LNG) distribution. These initiatives reflect the company’s broader strategy to develop the full value chain across food and energy industries—key pillars for sustainable national growth.
This latest announcement follows the successful commissioning of NAMILCO’s Mixing Plant in 2023, inaugurated by President Dr. Irfaan Ali. That milestone marked a major leap in value-added food processing and laid the groundwork for the new investment.
“Our continued investment demonstrates our strong belief in Guyana’s economic potential and our commitment to contributing to its long-term industrial growth,” added Mr. Bresky. “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 commissioning scheduled for 2027.
