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FM
Former Member

Guyana, India ready to sign US$50 million road construction deal

 
President David Granger and the Prime Minister of India, Narendra Modi meeting in New York in September, 2015.

President David Granger and the Prime Minister of India, Narendra Modi meeting in New York in September, 2015.

Guyana and India are set to sign a US$50 million agreement to expand the road network in East Demerara,

The Finance Minister, Winston Jordan is Wednesday expected to sign an agreement with EximBank of India for the construction of a road to link the East Coast and East Bank Demerara, according to the Finance Ministry.

The project was first conceived under the then People’s Progressive Party Civic (PPPC) administration. Back in January, 2015 when then President Donald Ramotar had visited India, that country’s Prime Minister, Narendra Modi had announced the US$50 million line of credit for the construction of the road.

Finance Minister Jordan told the National Assembly in his 2016 National Budget presentation that the road would run from Ogle, East Coast Demerara to Diamond, East Bank Demerara. Authorities envisage that the proposed new road will intersect several communities, including Sophia, South and North Ruimveldt, Eccles and Providence.

India's Prime Minister, Narendra Modi and then President of Guyana, Donald Ramotar.

India’s Prime Minister, Narendra Modi and then President of Guyana, Donald Ramotar.

Jordan such a road is also aimed at  β€œcreating an alternative access route to these densely populated areas, expanding business opportunities and opening new lands for housing development.

The APNU+AFC coalition-led government expects intends to extend that East Bank-East Coast road link, to connect the Ogle International Airport and the Cheddi Jagan International Airport.

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Granted that this was initially a PPP project. The APNU+AFC administration deserves praise for not abandoning the project. With the skyrocketing number of vehicles presently clogging up the main thoroughfares in Guyana, there is need for additional and alternative routes. In short, the government cannot afford not to go ahead with this project.

FM
Bibi Haniffa posted:

. but they do not have the expertise to implement it the way the PPP would.  Watch what will happen.

Like Skeldon factory?  Or that infamous road to Amaila Falls where millions of dollars were spent, and yet not one tree was cut down. Or Buddy's Hotel, which was supposed to bring in thousands of Brazilian gamblers.  Or the Providence stadium which was supposed to be a hige foreign exchange earner. I bet you that little cricket field in St Kitts earns more foreign exchange. 

FM
Last edited by Former Member
caribny posted:
Bibi Haniffa posted:

. but they do not have the expertise to implement it the way the PPP would.  Watch what will happen.

Like Skeldon factory?  Or that infamous road to Amaila Falls where millions of dollars were spent, and yet not one tree was cut down. Or Buddy's Hotel, which was supposed to bring in thousands of Brazilian gamblers.  Or the Providence stadium which was supposed to be a hige foreign exchange earner. I bet you that little cricket field in St Kitts earns more foreign exchange. 

Bibi gone in hiding. 

FM
Gilbakka posted:

Granted that this was initially a PPP project. The APNU+AFC administration deserves praise for not abandoning the project. With the skyrocketing number of vehicles presently clogging up the main thoroughfares in Guyana, there is need for additional and alternative routes. In short, the government cannot afford not to go ahead with this project.

As you have said many times "give jack his jacket". Give the PPP their dues. Don't stifle your conscience here brother.

FM

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