– A Bold New Chapter in Guyana’s Retail and Cultural Landscape

Anchored by a 110,000 sq. ft. retail hub with 60+ stores, cultural landmarks, and vibrant
public spaces

In a landmark moment for Guyana’s East Coast corridor, the ANSA McAL Group of Companies today hosted an event to mark the ceremonial start of the Chateau Margot Mall – a transformative mixed-use development poised to redefine Guyana’s retail experience and celebrate its cultural heritage.

With a legacy spanning over three decades in Guyana, ANSA McAL has been integral player in the nation’s development, investing in the distribution, media, automotive and the construction sectors.

The Chateau Margot Mall, represents the Group’s next bold investment in Guyana’s future, drawing on its full-service real estate expertise across feasibility, design, financing, construction, marketing and sales.

Strategically located along the East Coast corridor, the 110,000 sq. ft. mall will offer a dynamic mix of retail, dining, and entertainment options, masterfully designed by internationally acclaimed 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.

The sod turning ceremony was attended by His Excellency Dr. Mohamed Irfaan Ali, President of the Co-operative Republic of Guyana; Mr. A. Norman Sabga, Group Chairman of the ANSA McAL Group of Companies; Mr. Troy Cadogan, Head of External Affairs and Managing Director of ANSA McAL Distribution Inc., Guyana; and Mr. Joseph Rahael, Sector Head – Real Estate, ANSA McAL Limited.

They were joined by senior government officials, members of the diplomatic corps, and leaders from the private sector.

Mr. Sabga’s visit to Guyana underscored ANSA McAL’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.

Mr. A. Norman Sabga, Group Chairman, ANSA McAL shared, “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 energize national progress. Guyana’s moment is here and ANSA McAL is proud to walk this journey of progress and partnership together.”

His Excellency Dr. Mohamed Irfaan Ali emphasized 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.

The surrounding public space will be thoughtfully enhanced to promote public access and appreciation, creating a meaningful space where history and modern progress stand proudly side by side.

Mr. Troy Cadogan, Head of External Affairs & Managing Director, ANSA McAL Distribution Inc., Guyana 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.”

Mr. Joseph Rahael, Sector Head – Real Estate, ANSA McAL Limited 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.

More than a commercial venture, the Chateau Margot Mall reflects ANSA McAL’s people-centric philosophy, building spaces that inspire connection, innovation, and shared prosperity.

For over 30 years, the ANSA McAL Group has been deeply embedded in Guyana’s economic and cultural fabric and now stands as one of the Caribbean’s most diversified and respected conglomerates.

Operating over 30 companies in eight business sectors – including beverage, manufacturing, distribution, automotive, financial services, media, and real estate – ANSA McAL continues to champion regional integration and economic empowerment through innovation, job creation, and responsible corporate citizenship.

The Group looks forward to welcoming the public to the Chateau Margot Mall – a testament to shared vision , innovation, and national pride.