OK Folks! This is very bad news for the opposition AFC/PNC and their miserable supporters. A team from the Inter American Development Bank(IDB) is in Guyana to make aerial inspection of the ongoing works at the Amaila falls hydropower project site. They have already met with Finance Minister Ashni Singh and President Donald Ramotar. As of today there is a 99% probability the Amaila falls hydro project in Guyana will become a reality---this is horrendous news for the losers in the AFC/PNC--good news for Guyana = bad news for the AFC/PNC.
Road to Amaila under construction
AFC loser Khemraj pleading with IDB
to reject Amaila project as long as
PPP runs Guyana--what an evil man.
READ MORE IF YOU LOVE GUYANA AND WANT TO SEE THE COUNTRY SUCCEED:
* President Donald Ramotar is now highly confident that the Amaila falls hydro project will be financed and built. He says that in order for the Guyanese economy to grow and inorder for Guyana to develop new industries a cheaper electricity source is paramount--and hydro is the way to go in Guyana.
* The IDB is a financing partner for the development of the US$840M Amaila project that will become the source of a large fraction of cheap and reliable electricity generation in the country. It is one of the priority projects under the countryβs revolutionary Low Carbon Development Strategy (LDCS) that seeks to transfer Guyanaβs economy onto a low carbon course.
* Financial closure for the project is still pending, but is likely to be concluded by the second or third quarter of this year,β according to President Ramotar who had told reporters in January about a suite of safeguard measures advanced by the IDB following environmental impact studies that were conducted.
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CONCLUSION:
The completed Amaila falls hydropower project will turbocharge the Guyanese economy---think about the new industries and thousands of jobs that will be spawned---agro processing, alumina processing, gold processing, new manufacturing, etc, etc---a cheaper source of energy/electricity takes the Guyana economy onto a higher plateau economically.
THIS IS BAD NEWS FOR THE AFC/PNC LOSERS FOLKS--VERY BAD NEWS--BUT IT'S GREAT NEWS FOR GUYANA AND THE GUYANESE PEOPLE LIVING IN GUYANA--NOT THE AFC/PNC BLOWHARDS IN THE US/CANADA/UK WHO POST ON GNI.
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