Malaysian company begins first phase of US$500M investment
– rubber, oil palm and soya among crops to be grown
A Malaysian company has begun the first phase of what it envisions will eventually be a US$500 million investment in Guyana’s agricultural and forestry sectors covering oil palm, rubber and soya, among other crops.
Minister of Agriculture Dr Leslie Ramsammy told Stabroek News that Bornion Guyana Inc (BGI) has been allocated 10,000 acres in the Canje basin to plant rubber. The company has already started its nursery for the rubber plants, he said. BGI is a subsidiary of the Wee Boon Ping Group of Companies …..To continue reading, login or subscribe now.