Company seeking investors to develop 8,000 acres of agricultural land in Pomeroon

Alki Investment Inc is seeking investors to develop some 8,000 acres of flat, fertile land located between the Akawini and Pomeroon rivers in Region Two (Pomeroon – Supenaam) that is ideal for agriculture.

“The land is ideal for agricultural development because it is flat and arable with ample rainfall and sunshine. Also, it is situated between the Akawani and Pomeroon Rivers, which means there is all-year access to abundant freshwater resources,” Ivor Allen of Alki Investments Inc was quoted as saying in a press release issued by the company on Friday.

Alki Investments noted that their approach to developing the land is to prioritise investments which will propel improvements in production, processing, storage, and quality-enhancing technologies, as well as mitigate risks resulting from climate change.

They foresee that the project has the capacity to generate important training and technical assistance for residents of Essequibo in vital areas such as natural resources management, water, soil, renewable energy and agro-diversity.

Allen further noted that “The site’s unique mix of advantages offers once-in-a-lifetime investment opportunities in agriculture, aquaculture, livestock rearing, agro-processing and packaging, and all sorts of spin-off ventures…the land is close to land and river transport routes, which facilitates the movement of inputs and produce to local, regional and international markets, and there is readily-available workforce in nearby communities.”

The idea is said to be in alignment with the government’s Low Carbon Development Strategy (LCDS) and to promote modern methods and technologies that can adapt to changing climate and economic conditions, the press release noted.

Alki Investment seeks to promote investments in non-traditional crops, adoption of climate-resilient measures, the introduction of drought-tolerant and climate-resilient crop varieties and climate-proof agricultural technologies.

“In order to maximise the efficiency and effectiveness of land development arrangements and activities at the site, Alki Investment Inc. has taken the initiative to assist both on-board and prospective investors with setting up the necessary engagements with government agencies and local authorities,” the press release said.

The company is currently participating in the Agri-Investment Forum and Expo at the Arthur Chung Conference Centre, Liliendaal, Greater Georgetown where they are showcasing the site’s features.

“Alki Investment and Trading co., Inc., on behalf of the Pomeroon-Akawini Land Development Project, congratulates the Government of Guyana for taking the lead in this Agri-Investment Forum and encouraging other CARICOM member states to come onboard,” the press release said.