ANSA McAl launches US$15M subsidiary

Anthony Sabga III

The ANSA McAl Group of Companies last evening formally launched its US$15 million subsidiary – ANSA Building Solutions (ABS) – which focuses on meeting the demands of the booming infrastructure sector here and promised to continue bringing state-of-the-art services, in addition to a planned further investment of more than US$12 million.

“We have been in the construction building material business for quite some time and over a decade ago we started importing some of that material into Guyana and we continue to do so. We determined that given the development of the Guyanese construction sector, it became important and sensible to carve out the construction material side of our business, outside of our regular distribution trading business, and give it its own focus, its own management; its own executive focus, so as to support that heightened construction sector,” Chief Executive Officer of the ANSA Group, Anthony Sabga III, told the Stabroek News at the launch held at the Marriott Hotel, Kingston, last evening.

The Group CEO pointed to the paint products offered by the Trinidad-based company, as he asserted that the quality and environmentally safe mixtures put his company above the rest.