Category Archives: Guyana infrastructure

GUYANA: OIL: Multi-billion-dollar ‘Port of Vreed-en-hoop’ facility in the works

OilNOW –  28 July 2021

Guyanese company NRG Holdings Inc. plans to establish a multi-billion-dollar multi-purpose port facility dubbed the ‘Port of Vreed-en-hoop’ that will feature a major shore base at Foreshore, Plantation Best on the West Bank of Demerara.

The intended development will fill the gap for oil and gas support services to meet the rapidly expanding offshore operations while providing a range of services geared towards economic development onshore.    These will be carried out with the local economy benefitting from employment, duties and taxes, ancillary goods and services and capacity-building.

READ MORE  https://oilnow.gy/featured/multi-billion-dollar-port-of-vreed-en-hoop-facility-in-the-works/

GUYANA: Govt. looking for investor to help revive contentious Amaila Falls Hydro project

Amaila Falls Hydro Dam

Jul 25, 2021 – Kaieteur News – The Office of the Prime Minister has published a request for proposals for the Amaila Falls hydro project on Friday, as the government looks to revive the project which has not gotten off the ground for more than a decade since it was first proposed, due to issues of feasibility and a lack of transparency.

The People’s Progressive Party Civic (PPP/C) had intended years ago, to have the China Railways First Group (CRFG) develop the project, with money coming from Norway, China and the Inter-American Development Bank (IDB). But a Norwegian ethics council had raised questions about the involvement of the Chinese company in a significant corruption case.        Continue reading

GUYANA: Sod turned for US$20M Marriott-branded hotel at Timehri – near CJIA

— President Ali sees need for training of thousands of hospitality workers

President Irfaan Ali (third from left) is joined by US Ambassador Sarah-Ann Lynch (third from right), Public Works Minister Juan Edghill (second from right), Minister of Tourism and Industry Oneidge Walrond (at right), Roy Bassoo (second from left) and an official from the Marriott chain in turning the sod yesterday. (Office of the President Photo)
President Irfaan Ali (third from left) is joined by US Ambassador Sarah-Ann Lynch (third from right), Public Works Minister Juan Edghill (second from right), Minister of Tourism and Industry Oneidge Walrond (at right), Roy Bassoo (second from left) and an official from the Marriott chain in turning the sod on July2, 2021 (Office of the President Photo)

Turning the sod for a US$20 million Marriott-branded hotel at Timehri, President Irfaan Ali yesterday said that his government has forecast the need for 3,000 to 4,000 hospitality workers and this was why it has decided to invest in training persons.          Continue reading

GUYANA: BUSINESS: US$100 million cement factory to be constructed on Essequibo Coast

CEO of Go-Invest, Dr. Peter Ramsaroop [left] and CEO, Mr. Vijay Sukhdeo [right] turning the sod.

Kaieteur News – A new variety of cement will soon be added to the Guyanese market, following the construction and commissioning of a proposed Cement Plant on the Essequibo Coast. During the sod turning for the plant yesterday, the brand ‘Hydraulic Cement’ was unveiled.Kaieteur News understands that the plant will operate under the Georgetown Cement Company, for which Mr. Vijay Sukhdeo is the Chief Executive Officer. Mr. Sukhdeo, who hails from Wakenaam Island, migrated to the United States at the age of 17 and has some 30 years of experience in his business.        Continue reading

GUYANA: Weather Forecast: Above-normal rainfall to continue until August

Prime Minister, Brigadier (retired) Mark Phillips, made the disclosure while providing an update on the flooding situation to the National Assembly on Thursday.

“We will continue to experience above-normal rainfall between June to August 2021,” Phillips told the house.      Continue reading

GUYANA: The Audacity – Think on That – By Mosa Telford

Directors of Superior Concrete Inc., a foreign company in Guyana, disrespected Housing Minister Colin Croal, Chief Executive Officer of the Central Housing and Planning Authority Sherwyn Greaves and staff of the CH&PA’s Enforcement Department. Minister Croal and CH&PA officials visited a site in Houston Estates to issue an order to Superior Concrete Inc., which was illegally constructing a concrete factory.

Not only was the first Cease and Desist order destroyed by one who had the gall, but on another visit, our officials were not only told to leave because it was private property, but that the arrogant ones at Superior Concrete Inc. did not wish to speak to them.          Continue reading

GUYANA: Gas-to-shore pipeline can be paid for in 5 years – VP Jagdeo

…industrial manufacturing from gas positive externality

The gas-to-shore pipeline being pursued by the People’s Progressive Party (PPP) Government and which it is estimated will cost some US$900 million to build, can be fully paid off or amortised within five years.

This view was expressed by Vice President Bharrat Jagdeo, during a recent presentation with senior representatives of various media houses. He noted that given the millions that will be saved in energy cost per year when the gas-to-shore pipeline is functional, the project can be paid for within five years.    Continue reading

GUYANA: AFC issues `white elephant’ warning over gas to shore project

In a statement today, the AFC noted that the government was relying on studies which had been developed during the last administration in which the AFC was a coalition partner of APNU.        Continue reading

SHORT STORY: KUMERAU Dam Site –  By T. Eric Matthews

KUMERAU Dam Site – Upper Mazaruni River, Guyana

 By T. Eric Matthews

In the early 1970’s the Guyana government took steps to develop a hydro-electric power scheme in the Upper Mazaruni River area. The Upper Mazaruni Development Authority (UMDA) was specifically created  to plan and execute the project. The dam itself was to be built near or at the Kumerau Falls. A great deal of field work was done by several teams crisscrossing the Region. Actual construction never started and the scheme never came to fruition. 

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GUYANA: The US$800M for gas pipe line alone is money for the boys – Davis Patterson

…previous estimates peg entire project at US$200M less — Patterson

“…a project cost of US$800M is very high and should be challenged, if not the country shall end up with another white elephant.”

 Apr 23, 202 – Kaieteur News – The price tag of US$800M for a Natural gas pipeline alone, as part of the much vaunted gas-to-shore power project, is simply another scheme by the People’s Progressive Party/Civic (PPP/C), or “money for the boys.”        Continue reading