{"id":29964,"date":"2026-05-18T19:24:11","date_gmt":"2026-05-18T23:24:11","guid":{"rendered":"https:\/\/ncnguyana.com\/2023\/?p=29964"},"modified":"2026-05-18T19:24:11","modified_gmt":"2026-05-18T23:24:11","slug":"president-ali-urges-ansa-mcal-to-invest-in-agro-processing","status":"publish","type":"post","link":"https:\/\/ncnguyana.com\/2023\/president-ali-urges-ansa-mcal-to-invest-in-agro-processing\/","title":{"rendered":"President Ali urges ANSA McAL to invest in agro-processing"},"content":{"rendered":"<div id=\"fb-root\"><\/div>\n\n<p>-by Nakasia Logan <\/p>\n\n\n\n<p>Regional conglomerate ANSA McAl is being encouraged\u00a0to invest in Guyana&#8217;s agro-processing sector\u00a0and strengthen partnerships with local farmers\u00a0as the country continues its drive towards a more diversified, value-added economy.<\/p>\n\n\n\n<p>Speaking at the Growing with Guyana Business Networking reception\u00a0hosted by ANSA McAL at the Guyana Marriott Hotel,\u00a0President Ali emphasised the immense opportunities\u00a0emerging from Guyana&#8217;s economic transformation,\u00a0urging businesses to invest in manufacturing, agriculture, and innovation.\u00a0<\/p>\n\n\n\n<p>He highlighted the importance of helping small farmers scale up production\u00a0to become part of larger supply and manufacturing chains.\u00a0<\/p>\n\n\n\n<p><strong><em>&#8220;ANSA McAL cannot only be looking at distributing food at this point in their development. Your vertical must be saying to you,\u00a0we have to now build the systems to allow manufacturing and value creation here in Guyana.\u00a0You now have to get connected to a series of small farmers,\u00a0invest in them to bring them upscale,\u00a0and when you have the scale among them,\u00a0then have the infrastructure to take their products and add value\u00a0and bring it into your value chain.\u00a0That is where the country is going,&#8221; <\/em><\/strong>he said. <\/p>\n\n\n\n<p><strong><em>&#8220;That is where we are going to invest incentives in.\u00a0And I want to see ANSA McAL move to creating its own eco-space\u00a0to value creation,&#8221; <\/em><\/strong>he said. <\/p>\n\n\n\n<p>The President said Guyana is laying the foundation\u00a0for what he described as a grand transformation\u00a0and stressed that both government and private sector\u00a0must prepare for the rapid pace of development. He also outlined plans to modernise government systems\u00a0and position Guyana as a regional hub for innovation.\u00a0<\/p>\n\n\n\n<p><strong><em>&#8220;We want to position Guyana as the innovation hub of the CELAC region.\u00a0We want to position Guyana as a data center hub for the region\u00a0and of course as a high value destination for investment\u00a0in value creation and not only value extraction,&#8221; <\/em><\/strong>he said.<\/p>\n\n\n\n<p> The Head of State pointed to lower energy costs\u00a0and expanding regional markets such as northern Brazil\u00a0as key incentives for investment in value-added industries.<\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>-by Nakasia Logan Regional conglomerate ANSA McAl is being encouraged\u00a0to invest in Guyana&#8217;s agro-processing sector\u00a0and strengthen partnerships with local farmers\u00a0as the country continues its drive towards a more diversified, value-added&hellip;<\/p>\n","protected":false},"author":1,"featured_media":29965,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[361,350,474],"tags":[488,1016,412,405],"class_list":["post-29964","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-and-economy","category-news","category-private-sector","tag-488","tag-business","tag-ncn-guyana","tag-ncn-news"],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/posts\/29964","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/comments?post=29964"}],"version-history":[{"count":1,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/posts\/29964\/revisions"}],"predecessor-version":[{"id":29966,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/posts\/29964\/revisions\/29966"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/media\/29965"}],"wp:attachment":[{"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/media?parent=29964"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/categories?post=29964"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/tags?post=29964"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}