NICIL moves to lease out Clay Brick Factory, 46 acres of prime land

The National Industrial and Commercial Investments Limited (NICIL), headed by Winston Brassington and his Deputy, Marcia Nadir-Sharma, who has been at the helm of several controversial land deals, is gearing to lease over 46 acres of prime land including the now defunct Clay Brick Factory.

NICIL Head, Winston Brassington

According to an invitation published in the Guyana Chronicle yesterday, NICIL is seeking proposals the development of the lands, either en bloc or individually.
The invitation identified 15.9acres of land at Block “A” with buildings and machinery as is where is and/or; 30.99 acres of Block “C”, all being part of Plantation Mon Desir.
The property is located in Canal No. 2 on the West Bank of Demerara and was previously used for clay brick production.
According to NICIL’s invitation, Block ‘A’ currently has a defunct and non-functioning clay brick factory with office spaces while Block “C” is vacant land with secondary growth.
“NICIL invites Proposals from either persons or companies, either individually or as part of a joint venture/consortium with the technical expertise and extensive experience to implement a viable and suitable business venture in this area.”
According to NICIL, the proposal to be submitted must be detailed and include a vision for development of an identified and appropriate industry.
“It should include financial projections, and cater for infrastructure and community development of the surrounding areas.”
The invitation stipulates too that any proposal must demonstrate managerial and human resource capacity and plan of the interested persons to run the desired development; financial capability and commitment/credibility of the interested persons to independently develop or implement plan.
The now infamous confidentially agreement will executed with all persons submitting proposals, according to NICIL.

Deputy of NICIL, Marcia Nadir-Sharma

All proposals for development of the lands to NICIL must include Conceptual Proposal for development of the property.
NICIL is also requesting proof of financial capability including but riot limited to, in the case of a company, the last two years of audited financial statements of the company or each member of the consortium. In the case of a person, a bank reference on financial capability and/or financing.
NICIL has also asked nterested persons to submit background information, a five year Business Plan including investment timeline, source of financing employment, proposed lease rental costs, training and employment considerations and all (if any) assumptions of the interested person.
Potential investors have up to the end of July this year to submit their proposals.