By Josiah Williams | November 29, 2024
International Group Investments Inc. (IGI Inc.), a local company that was awarded oil blocks in 2022, is broadening its impact in Guyana by making significant investments in the agriculture and education sectors.
As part of its corporate social responsibility strategy, IGI Inc. has acquired land in Moblissa and Long Creek, where it plans to begin agricultural production in the near future.
The company is focused on cultivating commercially valuable crops such as cassava, okra, and pumpkin.
The Moblissa land has already been cleared and prepped for planting, with fencing installed to protect the crops, and quarters built for workers.
IGI Inc. is now focused on finalizing logistics to start production.
In addition to its agricultural ventures, IGI Inc. has ventured into education.
The company has recently received approval from the Accreditation Agency of Guyana to open the Institute of Research and Advanced Studies, which is set to begin its first intake of students in 2025.
This institution will offer technical programs in fields like management, marketing, customer care, and more.
Additionally, IGI plans to offer scholarships to Guyanese students interested in these technical subjects.
The company is also committed to promoting local content and community development.
Developmental programs are being planned for areas such as Georgetown and Sophia, with a focus on supporting regional growth.
IGI Inc. is partnered with Nigerian oil company Sigmund Oilfields Limited and was awarded two shallow water oil blocks during the 2022 licensing round, further expanding its influence in Guyana’s energy sector.