Macorp to launch $100M Port Kaituma outpost on Nov 21

Macorp’s Chief Executive Officer Jorge Medina

The Machinery Corporation of Guyana Ltd (Macorp) is further consolidating its already considerable investment in providing critical technical support and services to the country’s mining sector with a $100 million investment in the establishment of a mining support

facility at Port Kaituma.

The company’s Chief Executive Officer (CEO) Jorge Medina told Stabroek Business in a telephone interview on Wednesday that the facility, which is expected to provide both equipment and services to miners in the North West District, will open for business on November 21.

The opening of the company’s Port Kaituma facility is a landmark private sector investment in the mining sector and comes just months after both Macorp and Caterpillar Inc publicly committed to supporting the Guyana Geology and Mines Commission (GGMC) in the setting