MACORP selling Demerara riverfront property

Heavy equipment retailer Machinery Corporation of Guyana Limited (MACORP) is selling its eight-acre Demerara riverfront property at Providence and moving further up the East Bank to a 25-acre plot it has purchased.

“We are moving from here as you know and we are selling [this],” Anita Ramprasad, the person in charge of the tender process for the lands, told Stabroek News when contacted.

In the Sunday edition of this newspaper, MACORP invited interested persons to submit bids for the purchase of the 8-acre riverfront property and buildings that are on it. Bids closed yesterday. The company has said that it reserves the right to reject or accept the highest or any bid.

There has been an increasing demand for riverfront property driven by the development of the oil and gas sector and onshore support operations to cater to the needs of offshore explorers.

The company also on Sunday placed an advertisement for qualified contractors to submit quotations to supply operators and labour for the clearing of 25 acres of land at Covent Garden. 

In May of this year, the National Industrial and Commercial Investments Limited (NICIL) signed an agreement for the sale some 25.16 acres at Covent Garden, to the company. 

While the company has not discussed plans for the expansion, this newspaper understands that it has outgrown the size of its current 8-acre location.

The company has a training center and had said in 2017 that it had plans to scale up the training of locals in using its products. An internship with local technical institutions is one of the many human resource capacity- building initiatives of the company over the years of its operations here.

When the learning centre was opened in 2017, the company’s Product Support Manager, Guillermo Escarraga, had underscored that it represents the company’s commitment to the development of human talent in Guyana.

“We at MACORP are sure that it is through education, that we can have the biggest impact on the lives of those we touch; whether our employees, our customers or the community we serve, education has the capacity to transform people,” Escarraga had said.

Only recently, over 50 persons had registered with the company, which has been in operation here for over a quarter of a century, for free online courses in repair and maintenance of heavy machinery, in a programme that is a collaboration between the company and the Ministry of Public Telecommunications (MoPT).

The courses are being facilitated by MACORP under its Caterpillar ‘Technicians for the Caribbean’ programme, while the Ministry will provide support for access to computer systems and the internet.