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FM
Former Member

Fixing fibre optic cable to cost $2B

Remedial works on the botched project to run a fibre optic cable from Brazil to Georgetown have begun and true to experts’ predictions it will cost about another $2 billion to fix what has already been done to the value of $1 billion. (Stabroek News, April 19, 2015).

 

They do these things to generate more contract work. More contract work= more scams and kickback schemes.  They did this with Skeldon, Amalia, and almost every project has cost overruns.

 

This is what you get with the "Friends and Family" Plan.

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That's the PPP way of executing projects. Charge twice the cost to begin with. Farm out the work to incompetent contractors. Pick up huge kickbacks. Then when the product is all messed up, allocate more money to fix it with more kickbacks. We see the same M.O. with the broken stelling, Skeldon Factory, Fip's Road, fiber optic cable, and on and on.
Mars

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