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E’bo gears to produce Rice cereal

Mar 22, 2015 News

While Essequibo rice farmers have concluded that rice is at the crossroads, the government and the Institute of Applied Science and Technology on Saturday, at Anna Regina  launched a Cereal factory to be operated in Region Two (Pomeroon/Supenaam) before the year is through.
The launching of the project which is geared to produce and export rice cereals also intends to facilitate some 105 employment for Essequibians. As the Company grows, another one hundred persons would be employed.”Anybody can make a thing but it would take tremendous effort to make that thing work.”
Professor Suresh Naraine, who would be the Director of the Operations, in Essequibo, explained that the building to house the factory is currently being constructed. He is in advanced talks with Business personnel in Jamaica, which he hopes will be one of his largest Caribbean markets.
Dr Naraine said that within the next two weeks he intends to commence advertising for employees to fill the various posts, and to begin training them in the following month.
He said that it is important that Essequibians be consulted first and this he has been doing. He said that it is necessary for them to adapt to the initiative of having an investment pegged at $100M.
The product would be touted as a breakfast cereal. Dr Narine added that some packaging of the products would be done in the Region.
President Donald Ramotar said that while the intended cereal would be a value added product, the breakfast commodity would be produced from broken rice. It would be another pilot product, he said and that it should motivate the Private Sector to capitalize on similar initiatives. “We are fundamentally price takers.”
Ramotar was accompanied by structure Minister Nanda Gopaul of the Labour Ministry; Junior Agriculture Minister, Alli Baksh; and Minister of Tourism and Water, Irfaan Ali.

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