In a landmark development for Guyana’s agricultural sector, the National Milling Company of Guyana (NAMILCO), an American-owned entity, has unveiled plans to invest GY$10 billion in expanding its flour production capabilities. The investment includes the construction of a state-of-the-art processing mill, enhanced wheat storage facilities, and an upgraded wharf to meet both domestic and export demands. The announcement was made during a meeting between NAMILCO executives and Guyana’s President Dr. Irfaan Ali, alongside key government officials. The project, set to commence in early 2026 and operational by 2027, aims to bolster Guyana’s agri-industrial development and contribute to regional food security. Additionally, NAMILCO is collaborating with the Guyanese government to explore the commercialization of cassava flour, a move designed to diversify the country’s flour offerings and enhance agricultural innovation. This initiative aligns with the Food and Agriculture Organization’s (FAO) recommendations on cassava as a strategic crop for food security. The company also highlighted plans to create significant employment opportunities and introduce advanced training programs to develop local expertise in milling operations. Beyond flour production, NAMILCO’s parent company, Seaboard Corporation, is evaluating opportunities in integrated pork production and liquefied natural gas (LNG) distribution, signaling a broader commitment to Guyana’s economic growth. This investment builds on the success of NAMILCO’s Mixing Plant, inaugurated in 2023, which marked a significant step in value-added food production in Guyana. Seaboard Corporation, a Fortune 500 company, continues to reinforce its legacy of driving sustainable growth and food security through strategic investments and partnerships.
NAMILCO, govt discussing cassava flour production; company to invest GY$10 billion
