Neal & Massy mulling major new local investments

Essequibo complex to be opened by mid year

The Neal and Massy Group of Companies is currently evaluating the potential for a significant expansion of the range of services being offered in Guyana according to the company’s Chief Executive Officer Deo Persaud.

Speaking exclusively to Stabroek Business earlier this week Persaud said that the Trinidad and Tobago based conglomerate is contemplating “two new major investments” in Guyana. Persaud declined to disclose the nature of the investments but told Stabroek Business that apart from the Group’s internal evaluation, the advent of the investments necessitates prior consultations with the Government of Guyana which discussions, he said, are expected to begin shortly. “We hope that the evaluation phase will be completed by the end of this year but we are yet to engage the government about our plans,” Persaud said.