Guyana signs MoU with Blumberg Grain to help market food hub

Jul 10, 2025 News

The signing of the Memorandum of Understanding (MoU) between CEO (ag) of NDIA, Timothy Innis and Philip Blumberg, Chairman of Blumberg Grain and Logistics, LLC.

Kaieteur News – The Ministry of Agriculture on Wednesday signed a Memorandum of Understanding (MoU) with renowned U.S.-based agricultural company – Blumberg Grain collaborating on the marketing and branding of the regional food hub currently under construction at Yarrowkabra, along the Soesdyke-Linden Highway.

The ministry said the signing is a landmark move to accelerate Guyana’s regional leadership in food security and agri-business development. It is seen also as a pivotal milestone in Guyana’s food security agenda, championed by President Irfaan Ali. “The agreement lays the foundation for integrating modern marketing strategies and branding mechanisms to expand Guyana’s agricultural exports, reduce post-harvest losses, and secure a stronger presence in the CARICOM and South American markets,” the ministry reported.

Delivering remarks at the ceremony, Minister of Agriculture, Zulfikar Mustapha emphasised the transformational progress Guyana has made since 2020.

According to him, Guyana is the only country in the world that can feed its citizens. “That is a tremendous achievement for us because when we started in 2020, we saw a sector that was run down; Guyana had lost its place in CARICOM. Today, under the visionary leadership of His Excellency, Dr. Irfaan Ali, Guyana is leading the food security agenda in the region,” he related.

Blumberg Grain’s, executive vice president, Mr. Jeff Speaks noted that the partnership will focus on maximising export potential by reducing losses in the value chain.

Minister of Agriculture, Zulfikar Mustapha, alongside Minister within the Office of the President with responsibility for Finance and Public Service, Dr. Ashni Singh; U.S. Ambassador to Guyana, H.E. Nicole Theriot; Blumberg Grain’s, Chairman Philip Blumberg and other officials at the signing of the MoU on Wednesday morning.

He said while Guyana is self-sufficient, the first step toward expanding exports is reducing post-harvest loss — the loss from field to market. “If we can minimise that, farmers will have more income, more marketable volume, and greater access to regional markets in CARICOM and northern South America,” he told the gathering.

Meanwhile, U.S. Ambassador to Guyana, H.E. Nicole Theriot, hailed the agreement as a transformative moment in regional development.

“I’m absolutely thrilled to be here today to witness this partnership — the first step in an incredibly important collaboration between Blumberg Grain and the visionary Government of Guyana. President Ali told me from the beginning that food security is a top priority. This deal goes beyond CARICOM. It has the potential to change lives across the entire region, and I’m proud this partnership involves a U.S. company.”

Senior Minister within the Office of the President with responsibility for Finance and the Public Service, Dr. Ashni Singh who spoke on the broader economic implications of the agreement, reaffirmed agriculture’s central role in Guyana’s development strategy.

The senior minister said that upon assuming office in 2020, President Ali said that the government had, as a principal economic objective, the realisation of a globally competitive non-oil economy. “One of the main pillars of that economy is agriculture. It is no accident that agriculture features so prominently in our national policy and economic priorities,” the minister stated.

Further, the agriculture ministry said the strategic partnership between the government and Blumberg Grain marks a bold step toward achieving sustainable agriculture-led growth, not only for Guyana but for the wider region.

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Blumberg Grain, Food hub, Soesdyke-Linden Highway, Yarrowkabra, Zulfikar Mustapha

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