Guyana stepped up efforts to attract foreign investment in the agriculture sector on Wednesday, holding talks with a Saudi delegation on expanding beef production and reviving sugar operations at the Skeldon Estate.
Agriculture Minister Zulfikar Mustapha met officials from Saudi Eksab, led by Chief Investment Officer Naif Alissa, to discuss opportunities in livestock development and agro-processing.
Mustapha outlined government plans to transform and expand the livestock industry, including the establishment of a modern abattoir and the importation of 1,000 pregnant heifers to boost the national herd.
He said Guyana is positioning itself as a major producer of livestock and livestock products, creating opportunities for both local and international investors.
The minister also highlighted that halal protocols are maintained across the production chain, which he said strengthens Guyana’s attractiveness to investors targeting halal markets.
Talks also focused on potential investment in the sugar industry at the Skeldon Estate, as the government continues efforts to improve efficiency and output.
Saudi Eksab is an international investment entity focused on advancing strategic investments and long-term partnerships in emerging and developing markets.
