The Sheriff Group of Companies will invest over $100 million in Palmyra, Berbice to build a 150-room hotel and casino, in line with the economy of Guyana’s fast expansion.
The Sheriff Group of Companies stated in a statement on Sunday that the development of an opulent hotel and casino will have all the contemporary conveniences found in developed nations.
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The cutting-edge facility’s construction is scheduled to start next week and be finished by December 2024. The goal of the premium hotel and casino is to provide a home away from home. The corporation thinks that this investment would benefit both the local tourism industry and Guyanese citizens.
Following the development of the 150-room Sheriff General Hospital, also in Palmyra, a significant investment was made by the Sheriff Group of Companies. This specialist hospital will do heart operations, eye operations, and cancer treatments, among other medical procedures. Additionally, the new hospital’s procedures will supplement those carried out in the other facilities.
The company plans to launch the business in stages so that Berbicians may be employed and, more significantly, receive top-notch healthcare services at a reasonable cost without having to make the difficult trip to Georgetown.
According to the statement, “These investments will result in the creation of hundreds of new jobs for the residents of Berbice.”
Ameir Ahmad, the owner of the Sheriff’s security company, stated earlier this year that the Sheriff’s Group of Companies will also construct a business/shopping center of 500,000 square feet. This will make it possible for companies to lease space in Palmyra for both short- and long-term periods of time.
He also mentioned that Sheriff Security had purchased a 50,000-square-foot (1 acre) block of land that would become its new headquarters.
He shared that the group will be investing a large portion of their budget into Berbice, “We are investing a large chunk of our budget that was supposed to be for the next five years, but we have decided to put a large portion into Berbice. We are taking a lot of risk in Berbice and hope that the Berbicians will support us.”
