OK Folks!
There are numerous large scale infrastructural and other projects in the pipeline in Guyana and Finance Minister Ashni Singh sees the Public-Private partnership model as the key funding mechanism for these projects.
EXAMPLE OF PUBLIC-PRIVATE PARTNERSHIP
* In the Amaila falls hydro project---the private partner will be Blackstone group/Sithe global---they will provide 150 million in equity; the Guyana government via NICIL---will be the public partner---the debt financing will be provided by China import export Bank, the Inter American develpment bank, etc
RE: NEW INFRASTRUCTURAL PROJECTS IN GUYANA
READ THIS:
* Officials from Brazil and Guyana met yesterday and set themselves a 4 month deadline to arrive at concrete proposals for the construction of hydro-electric plants, related transmission lines, improvement to the Guyana-Brazil road and the construction of a deep water port.
"Brazil is keen on taking advantage of a shorter route through Guyana to the Atlantic Ocean for its products. If the hydropower stations materialize, Guyana will be the source of cheap electricity not only for consumption locally and in northern Brazil."
READ MORE FROM FINANCE MINISTER SINGH:
Finance Minister Dr. Ashni Singh suggested that the projects could be funded through a public private partnership like was done for theBerbiceRiverBridge. The Amaila Hydro power station, he said, would be built under a similar arrangement.
βWe intend to use this public-private partnership model in replication as we develop other major infrastructural projects,β he said, adding that Brazilian companies with βstrategic interestβ inGuyanawould be welcomed.
http://www.demerarawaves.com/i...oject-proposals.html
BOTTOM LINE:
Exciting times are ahead for Guyana economically---the public and private sector are working together to turbocharge Guyana's economy---prosperity is on the way---this is very bad news for the losers in the AFC/PNC---but great, great news for the rest of Guyana
Rev