New Dairy Project is a Landmark in Israel-Guyana Cooperation Jerusalem, 6 February 2023

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New Dairy Project is a Landmark in Israel-Guyana Cooperation Jerusalem, 6 February 2023: Senior officials from the Israeli Ministry of Foreign Affairs met Demerara Distillers Ltd. Chairman Komal Samaroo and his delegation, who is visiting Israel to finalize a project with the LR Group for the establishment of a dairy farm in Guyana. Ms. Michal Gur-Aryeh, Director of the Department for Economic Relations with Latin America, the Caribbean, and Africa in the Ministry of Foreign Affairs: “We welcome this project, which will be the first state-of-the-art dairy farm in the Caribbean and will make a significant contribution to food security in the region. Israel is a world leader in dairy farming and other agricultural technologies. We look forward to enhancing our economic cooperation with Guyana”. Mr. Yosef Levi Safari, Director of the Department for the Caribbean in the Ministry of Foreign Affairs, pointed out that “Israel is seeking to deepen its relations with Guyana. We are pleased that Ambassador Itai Bardov will be presenting his credentials to President Irfaan Ali in the coming weeks”. Chairman of Demerara Distillers Limited, Mr. Komal Samaroo, stated that he is pleased to collaborate with the LR Group of Israel on the development of this transformational project which is a significant investment in pursuance of DDL diversification strategy. He noted, “the LR Group brings to this Joint Venture expertise and experience in implementing similar projects in Papua New Guinea, Vietnam, Angola, and the Philippines, among other countries.” He welcomed the expression of support for this project by the Government of Israel through its Foreign Ministry. Mr. Ami Lustig, Founder, and CEO, of LR Group: “LR Group is honored to form a joint venture with DDL, one of Guyana’s leading companies, to develop a 500-milking cows dairy farm and the transfer of modern Israeli agro-technologies and know-how. We are excited at the launch of this project, which LR Group regards as the first step towards broader cooperation with Guyana in commercial agriculture, water supply, renewable energy, healthcare, and more.”

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