Lo­cal con­glom­er­ate ANSA McAL yes­ter­day turned the sod to sig­nal the start of con­struc­tion on a 110,000 square foot mall that will house a wide va­ri­ety of stores plus cul­tur­al land­marks and vi­brant pub­lic spaces.

The group of com­pa­nies host­ed the event to mark the cer­e­mo­ni­al start of the Chateau Mar­got Mall, a mixed-use de­vel­op­ment, which will be lo­cat­ed along Guyana’s East Coast cor­ri­dor.

The mall will of­fer a mix of re­tail, din­ing, and en­ter­tain­ment op­tions, de­signed by the ar­chi­tect Varchi. An­chored by a flag­ship su­per­mar­ket and fea­tur­ing more than 60 re­tail out­lets, food courts, and of­fice spaces, the de­vel­op­ment re­flects ANSA McAL’s con­tin­ued con­fi­dence in Guyana’s eco­nom­ic tra­jec­to­ry and its com­mit­ment to long-term na­tion­al growth.

ANSA McAL has been an in­te­gral play­er in Guyana’s de­vel­op­ment, in­vest­ing in the dis­tri­b­u­tion, me­dia, au­to­mo­tive and the con­struc­tion sec­tors.

The sod turn­ing cer­e­mo­ny was at­tend­ed by the Pres­i­dent of the Co-op­er­a­tive Re­pub­lic of Guyana, Dr Mo­hamed Ir­faan Ali, group chair­man of ANSA McAL, Nor­man Sab­ga, head of ex­ter­nal af­fairs and man­ag­ing di­rec­tor of ANSA McAL Dis­tri­b­u­tion, Troy Cado­gan, and sec­tor head of re­al es­tate at ANSA McAL, Joseph Ra­hael. They were joined by se­nior gov­ern­ment of­fi­cials, mem­bers of the diplo­mat­ic corps, and lead­ers from the pri­vate sec­tor.

In a news re­lease yes­ter­day, ANSA McAL said the vis­it by its chair­man to Guyana un­der­scored the group’s deep ex­per­tise in re­al es­tate de­vel­op­ment and its strate­gic role in shap­ing vi­brant com­mu­ni­ty-dri­ven projects across the Caribbean.

His re­marks at the cer­e­mo­ny high­light­ed the group’s com­mit­ment to de­liv­er­ing high-im­pact de­vel­op­ments that blend com­mer­cial vi­tal­i­ty with com­mu­ni­ty en­rich­ment.

“This is more than a de­vel­op­ment, it is a tes­ta­ment to what re­gion­al ex­per­tise and lo­cal col­lab­o­ra­tion can achieve. As we mark 33 years in Guyana, we re­main stead­fast in our com­mit­ment to cre­at­ing spaces that ho­n­our her­itage, in­spire con­nec­tion, and en­er­gise na­tion­al progress. Guyana’s mo­ment is here and ANSA McAL is proud to walk this jour­ney of progress and part­ner­ship to­geth­er,” said Sab­ga.

Pres­i­dent Ali em­pha­sised the im­por­tance of pri­vate sec­tor part­ner­ships in dri­ving na­tion­al de­vel­op­ment while pre­serv­ing her­itage, stat­ing, “Projects like the Chateau Mar­got Mall em­body our vi­sion for trans­for­ma­tion – one that re­volves around a sin­gle core: hu­man de­vel­op­ment, which is in­te­gral­ly linked to so­ci­etal de­vel­op­ment.”

A sig­na­ture fea­ture of the de­vel­op­ment is its prox­im­i­ty to the his­toric Chateau Mar­got Chim­ney—an en­dur­ing em­blem of Guyana’s in­dus­tri­al past. The chim­ney and the land on which it stands re­main state-owned, and ANSA McAL is work­ing in close col­lab­o­ra­tion with the Na­tion­al Trust of Guyana to en­sure its in­tegri­ty and her­itage val­ue are pre­served through­out the project and be­yond.

Cado­gan com­ment­ed, “To­day is about build­ing a fu­ture root­ed in part­ner­ship, pride, and pos­si­bil­i­ty. The Château Mar­got Mall will be a space where Guyanese fam­i­lies, en­tre­pre­neurs, and com­mu­ni­ties thrive. It re­flects ANSA McAL’s en­dur­ing com­mit­ment to na­tion­al de­vel­op­ment and our be­lief in Guyana’s bold, trans­for­ma­tive jour­ney.”

Ra­hael af­firmed: “Our vi­sion for Chateau Magot Mall is to de­liv­er a best-in-class re­tail and com­mu­ni­ty des­ti­na­tion that en­hances the lives of ten­ants, own­ers, and the wider com­mu­ni­ty while re­spect­ing the Chim­ney’s his­toric sig­nif­i­cance.”

Be­yond its re­tail and en­ter­tain­ment of­fer­ings, the mall will in­clude over 24,000 sq ft of pre­mi­um of­fice suites and near­ly 500 park­ing spaces, en­sur­ing ac­ces­si­bil­i­ty and con­ve­nience for vis­i­tors and ten­ants alike.