Billboard unveiling to mark the start of the construction project of the VSH Commercial Complex – VCC
(VSH) UNITED SURINAME HOLDING COMPANY
One of Suriname's largest holding companies for over 6 decades, leading 7 industries
On Friday, April 28, 2023, the VSH Holding Management Team from Suriname, in the presence of members of the VSH Holding Supervisory Board of Directors, the team of VSH United Guyana and various distinguished guests had the honor to mark the start of the construction project of the VSH Commercial Complex – VCC, located in Houston Estate, Georgetown, Guyana.
Patrick Healy, CEO of VSH Holding, commemorated the longstanding reliable brand reputation and market position of the VSH Group built during its 65 years of existence; this jubilee will be celebrated in August 2023.
The CEO also provided an overview of the VSH growth in recent years, the VSH Guyana market entry in 2014 and the strategy to expand the VSH footprint in the Guyana market. The projected VSH office/warehouse is being built to support the ongoing trading activities and expansion strategies for the VSH. VSH commercial real estate development has traditionally been limited to primarily internal use. This first building is large enough to allow VSH companies and other small to medium companies’ quality infrastructure to develop in the growing Guyana market.
The plot of land acquired in 2017 is approximately 10 acres, almost 40,500m2. The first building to be constructed combines warehouse and office space. In this first phase, only 30% of the property will be utilized for the first building (with infrastructure). The building dimensions are 110.5m, with a width of 24.4 m, the highest point reaching 10.5m, a footprint of a little over 2,695m2 and a total building surface of almost 3,015m2.
A total of 7 warehouse units and 2 office units will be offered for lease, with ample parking and open storage. All at a prime location – given the boom which Guyana is experiencing, it’s all about location and strategic logistics.
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The location of VCC is an excellent example of what is needed to meet market demands. It will be located alongside the Mandela Highway extension, near various hotel complexes, a hospital, and a grand shopping mall, some of which are under construction. The VCC will fulfill an increasing demand for local and international entrepreneurs to be where the action is in booming Guyana.
The construction of the first VCC building is truly a demonstration of perfect timing and combined expertise. IBT Engineering Consultants (Suriname) designed the building and collaborates with contracted SRKN’gineering & Associates Ltd. (Guyana), who will supervise the various tendering processes and overall construction.
The contract with Van Sluisveld Group in the Netherlands has been signed to supply a complete turnkey building. Dyrock Construction Inc. (Guyana) is finalizing its agreement, pending the final foundation design verifications.
Realizing that the Guyana construction boom brings challenges, the VSH Group feels confident that with this expertise, this building can be completed within budget and on by January 2024.
Guyana is on the move, and VSH is following in its lead.?