Global Infrastructure Solutions Guyana Inc., a local engineering, procurement and construction firm on Tuesday signed a Memorandum of Understanding (MoU) with Undiome Global DWC of the United Arab Emirates, to develop a 20,000 square foot concrete manufacturing facility.
The MoU was signed by Khalid Al-Qaqa CEO Unidome Global DWC LLC and Troy Phillips CEO of Global Infrastructure Guyana Inc. at Unidome Global’s MENA headquarters. In attendance were representatives from both the Government of Guyana as well as The Emirati Government.
Following the signing, Khalid Al-Qaqa said “Unidome is quickly growing it’s global footprint and as it finalizes the development of it’s 4th plant in Egypt, we saw the opportunity to establish a facility in the world’s fastest growing economy – Guyana, South America.”
The manufacturing facility is expected to bring Unidome’s state of the art voided slab manufacturing technology to Guyana.
“The $5M USD investment will allow for the ability to create Unidome’s state of the art biaxial voided slab technology which will be used to help build and develop key infrastructure needed for the development of Guyana’s burgeoning oil and gas industry,” a statement from the company outlined. It further stated that this technology will become a critical building block as Guyana pursues an aggressive plan of building a deep-water harbor and a 100 mile Deepwater natural gas pipeline as well as numerous shore bases.
Also in attendance was Chief Executive Officer of the Guyana Office for Investment (GO-Invest) Dr. Peter Ramsaroop who was quoted saying “With 8 Shore bases coming on line and over 5,000 hotel rooms in development, technologies like Unidome and partnerships with local Guyanese companies like Global Infrastructure Solutions Guyana Inc. are critical to Guyana’s long term success”.
Gavin Singh, Managing Director of Smart City Clearing Company Ltd and it’s affiliate Sc3 Guyana Inc. added “Unidome’s cost effective and environmentally friendly technology both will help reduce the cost of infrastructure development while simultaneously helping to foster Guyana’s net zero emission goals”.
The Unidome technology helps to limit one of the largest contributors to C02 emissions in the construction industry – Concrete, by creating biaxial voided slabs that are lighter and allow for greater distance between a building’s structural columns. One container of Unidome eliminates 30 truckloads of concrete, according to the statement.
Sherwin Sandy from Guyanese based Sandcorp Development Inc. who was in attendance, will be helping to develop the Guyanese based Manufacturing facility as part of a large industrial park that he is developing in conjunction with Acarai Properties Guyana Inc. He said, “historically Guyana couldn’t afford to attract light manufacturing, I am excited to be working with both Global Infrastructure Solutions Guyana and Unidome Global DWC to be one of the founding tenant of a new industrial park that we are in the process of conceptualizing and developing to help support Guyana’s growth.”
The announcement and signing ceremony is a part of the Government of Guyana’s State Visit to the Emirates which is taking place this week as the Countries seek to work together and evaluate numerous mutually beneficial investment opportunities that will enable the sharing of knowledge, experience, resources and best practices between the two oil producing nations.