At Thursday’s sitting of the National Assembly, Government tabled a financial paper seeking $2.5 billion in supplementary funds, of which some $346.5 million will be injected towards the purchase and installation of two additional air bridges at CJIA.
The CJIA Expansion project was signed under the Peoples Progressive Party Government, with the Chinese Export/Import (EXIM) Bank granting US$138 million while Guyana put up US$12 million.
Camouflaging transparency
Supplementary funds
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Former Member
How much more will these chaps thief before 2020 ?
Former Member
If the CJIA expansion project was underestimated, more funding will be needed. The Amelia Hydro Power was first estimated at US$750M, and eventually reached to US$850M. If the project has completed, it would have cost close to US$1B.
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