JR Ranch Inc., a local company that has interests in the construction, security and real estate sectors, has announced a name change to Condor Consortium Inc. saying it is part of its rebranding efforts and evolution of the company.
The company notified the public of its name change in advertisements in the Kaieteur News and Guyana Chronicle newspapers. “We the management of JR Ranch Inc. wish to notify the general public, our clients and associates, of our company’s change of name to Condor Consortium Inc. This name change reflects both the evolution of our company and our commitment to adapting to the growth of expansion of Guyana. Our company policy and goals remain the same and we look forward to providing you with the same, or even better, service in the Construction, Security and Real Estate industries,” the advertisement stated. The company said that as part of its rebranding, the name change will include Condor Construction Inc., Condor Security Inc., and Condor Development Inc.
JR Ranch Inc. once shared the same address with the JR Mining Inc., Perreira Mining Company, Ratio Energy and Cataleya Energy at 83 Premniranjan Place, Prashad Nagar, Georgetown, Guyana, which is the address used by the Georgetown Chamber of Commerce and Industry to list the company. JR Ranch Inc., however, says that the company’s actual address is at 28-29 Industrial Area, Eccles, East Bank of Demerara. JR Ranch Inc. had once secured many government contracts, including one that was awarded late 2021, for the rehabilitation of the Lethem to Annai, North Rupununi road in Region Nine. That contract was valued $85,975,155 and the project is scheduled to be completed within nine months. The company also constructed the Manari bypass in the Rupununi, in Region Nine, which carried a cost of approximately $83 million. The bypass was a collaboration between the Ministries of Public Infra-structure and Natural Resources back in 2019. Other projects the company was able to secure include the $130M Green Enterprise Development Centre, which was scheduled in 2018, and was to be constructed in the North Rupununi, Region Nine.
Perreira is also listed as a director of Ratio Energy, which secured a contract for the Kaieteur Block offshore for oil exploration, just two weeks prior to the May 11th, 2015 general elections under the Donald Ramotar administration. On April 28th, 2015, two weeks before General and Regional Elections, the production sharing agreement was signed by both the then Government of Guyana and Ratio’s principals, using the same address as the Perreira Mining Company and Golden Eruption Resources which lists Perreira as the CEO. Perreira also chairs the Zarc Group of Companies, which had announced late last year that it was expanding into the insurance industry.
