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Reply to "Berbice Bridge tolls stalemate … Make agreement public, pay off private investors – Ramon Gaskin"

Originally Posted by Zed:

Government needs to resolve this matter. the investors should be given back their money and the facility be run like some  of the other public infrastructure in the country - at a minimal cost. 

They cannot simply give them back the money. The bridge would be tied up in court and would cause a backlash in the indian community as a greedy government taking away indian property.

 

Gaskins is right. The deal should be published and some of the lavish concessions taken back. Everyone should pay personal income tax. Government entities own some 90 percent of this bridge so they should receive dividends like any other investor.  They profit demanded on returns over 20 years is completely untenable. Publish the deal first than start taking back concession. Let them make market level returns on their money.

FM
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