It would see Church’s Chicken, Mario’s Pizza and Quiznos become part of the mall that is expected to be opened in early 2013 at Liliendaal, East Coast Demerara.
The signing took place at Georgetown Club, on Camp Street, in the city, where remarks were made by the parties involved. Camex holds the franchise for Church’s Chicken, Mario’s Pizza and Quiznos, having one of the most dynamic developmental programmes with over 60 years of experience and operating at more than 1,700 locations worldwide.
President of Giftland, Mr. Roy Beepat told a press conference he is very happy to welcome Camex and since Giftland is an enterprising business, they have met with some of the Church’s directors during a visit to Guyana.
At the meeting, the visitors were very impressed with the good prospects offered by Giftland, to which they said they would bring high quality and state-of-the-art businesses that they expect to attract a wide customer base.
Beepat said Giftland anticipates signing another MOU with other foreign companies, as well, in the next couple of weeks, for a state-of-the-art cinema, which would be a new experience for customers in Guyana.
He said the construction of Giftland Mall is on track for the early 2013 opening, with the installation of air condition units and the materials to complete the building already here.
An entertainment centre was added for cafés and bars, Beepat explained.
Chief Executive Officer (CEO) of Camex, Mr. Terrence Campbell said he is very excited to be associated with Giftland and, in terms of space, it is considered a real mall, given the layout, parking facilities etc.
“We were attracted since Giftland is a very enterprising company which has grown and become a household name in Guyana, offering quality products to customers,” he admitted.
Campbell said they will also be launching two other concepts at Giftland Mall as it is a good opportunity to introduce high standard service and, given the investment, they are pleased to participate.
He said the duration of the contract is one year but that will be a trial period, so to speak, in which many factors would be looked at but the agreement is renewable with G$50M investment, given the technology that is involved.
Campbell added that the chain stores will be top class than their other food competitors, as they are focused on lifting their name and services using technology.
He said they will be expanding their businesses in Guyana in which their goal is to have an outlet every 10 miles from Corentyne to Pomeroon.
Giftland’s CEO Mr. Ian Ramdeo said that the MOU is a step further in making the mall a world class shopping experience, where the fast food eating houses will, indeed, raise the bar for other such businesses.
It is being touted as the largest shopping mall in Guyana with over 170,000 square feet of absolute excitement, including nine 20 feet aquarium, spacious, wide walkways and convenient seating areas with six escalators and four elevators, a food court with some 20 local and international cuisine choices, secure parking for 600 vehicles, services such as automated teller machines (ATMs) for all banks, beauty shops, spas, postal and bill payment services, creating employment for 200 people.