GEORGETOWN, Guyana — The National Milling Company of Guyana (NAMILCO), a subsidiary of U.S.-based Seaboard Corporation, on Tuesday announced a GYD $10 billion (US$48 million) expansion that will dramatically scale up local flour production and strengthen Guyana’s role in regional food security.
The investment — one of the largest private-sector industrial upgrades in Guyana’s recent history — will fund the construction of a state-of-the-art processing mill, expanded wheat storage silos, and an upgraded wharf to handle increased volumes for both domestic use and export.
“This expansion represents more than an investment in infrastructure — it’s an investment in people, skills, and the sustainable future of Guyana’s food industry,” said Jack Bresky, President and CEO of Seaboard Overseas Trading Group. “We are proud to partner with the Government of Guyana as we align with President Ali’s vision for regional food security and increased value-added production.”
Once completed, the new facility is expected to increase flour output, improve operational efficiency, and create hundreds of technical and logistical jobs. NAMILCO officials said construction will begin in early 2026, with commissioning targeted for 2027.
The company is also working with the government to commercialize cassava flour production, a move aimed at diversifying Guyana’s food base and promoting agricultural innovation. The initiative supports President Ali’s wider push to cut the Caribbean’s food import bill by 25 percent by 2025.
In addition to its flour expansion, Seaboard is conducting due diligence on potential investments in integrated pork production and liquefied natural gas (LNG) distribution, signaling a deepening of its footprint across Guyana’s food and energy sectors.
The announcement builds on NAMILCO’s momentum following the 2023 commissioning of its Mixing Plant, which was inaugurated by President Dr. Mohamed Irfaan Ali. That facility marked a major step toward value-added food processing in Guyana and set the stage for Tuesday’s multibillion-dollar expansion.
“Our continued investment demonstrates our confidence in Guyana’s economic trajectory and our commitment to its long-term industrial development,” Bresky said. “Together, we are helping to build a stronger, more resilient food system for the Caribbean and beyond.”
NAMILCO, established in 1969, currently supplies flour and related products to markets across Guyana and the wider region. The company’s latest expansion is expected to position it as a regional milling powerhouse, capable of supporting the Caribbean’s growing demand for locally produced and processed foods.