Assuria GY building $800M HQ in Georgetown
Assuria General and Life Insurance Companies is expanding its operations in Guyana, with a new Essequibo branch and a GY$800 million headquarters on Church and Carmichael Streets in Georgetown.
Having recognised the feasibility of doing business in Guyana, Assuria General and Life Insurance Companies is moving to expand its operations here. In addition to establishing an Essequibo, Region Two branch, the Surinamese entity is pursuing the construction of a GY$800 million Headquarters (HQ) on Church and Carmichael Streets in Georgetown.
The project to build the modern five-storey office building is being undertaken by Nabi Construction Incorporated, with an estimated timeline of 14 months. Delivering brief remarks at the sod-turning ceremony hosted on Wednesday, Assuria’s Managing Director, Yogindra Arjune, recalled that the company came to Guyana in 2012, prior to the emergence of the local Oil and Gas sector. “Our idea was to be part of the existing industry, while bringing new and innovative products,” Arjune said.
Read the full article on the Guyana Chronicle website.