Category Archives: Guyana infrastructure

Guyana: “Best thing for North West” – The MV Kimbia is Back in service + video

MV Kimbia

May 26, 2019 – Guyana Chronicle

…North West Guyana (Region 1) residents praise recommissioning of MV Kimbia 
…cite easing of economic burden, potential for increased trade

CITING its economic importance, residents of the township of Mabaruma were out in their numbers on Wednesday May 22, 2019 to welcome the Transport and Harbours Department ferry MV Kimbia which returned to the area after some four years.

Minister within the Ministry of Communities, Annette Ferguson, was on hand to join the celebrations as the vessel moored at the port of Kumaka on Wednesday. Members of the business community were ecstatic that the spacious vessel, which was overhauled at a cost of more than G$400M, was finally back in service. Residents told the Guyana Chronicle that persons would be able to ferry more goods for sale in the capital city and it was noted too that the new seating arrangement as well as other improvements within the vessel impressed many. “I must say that thanks to the government that we have this vessel back with us. It is going to benefit us business people tremendously, because we won’t have to hire those private boats anymore,” a businessman noted.          Continue reading

Guyana: Pegasus Hotel has announced a September 2020 completion date

Locally-owned Pegasus Hotel has announced a September 2020 completion of its 12-storey suites and a seven-storey corporate offices expansion.

Robert Badal

The construction of the estimated US$100M project started in October last year.
It comprises a 12-storey tower providing long-term accommodation and a seven-storey office complex providing first world corporate offices.

According to Pegasus’s managing director, Robert Badal, all corporate offices would over time be converted to accommodation when it is viable to do so. The objective is to expand the services offered by Pegasus Hotel, a premier tourism company.

Giving an update last week, the executive disclosed that regarding the economic benefits, taxes from suppliers and bank interest during construction is estimated at US$2.8M per annum and close to US$4M per annum after full operation.          Continue reading

American Airlines ends Caribbean JFK–Guyana monopoly with competitive fares

GEORGETOWN, Guyana – One World Alliance member, American Airlines (AA), ended Caribbean Airlines (CAL)’s monopoly on the New York City JFK/Georgetown, Guyana (GEO) route when tickets went on sale on Monday at competitive and cheaper fares than what CAL has been offering Guyanese citizens.

Average return tickets on the route is about US$500 for the non-peak season, and peak season, like Xmas, started at US$ 576-850 roundtrip.

The airline is also connecting Toronto (YYZ) to Georgetown via this new JFK route and which is very convenient because transit passengers from Canada clear US customs and immigration in Canada before arriving in the US. And for the busy Christmas season between YYZ and Georgetown via New York – JFK starts at US$750. Also, between major European cities and GEO fares have dropped because of the vast AA, British Airways, Iberia and Finnair global network.    Continue reading

Guyana: CJIA expansion project – Editorial by Stabroek News – 06 May 2019

– Stabroek News  – Editorial

Given its inauspicious beginnings in Jamaica and numerous questions over the scope of its works, it is meet that both the government and the opposition have agreed that the US$150m expansion of the Cheddi Jagan International Airport (CJIA), Timehri be audited.

There has been a great deal of grandstanding and excuses by both the former PPP/C government and the current one over its progress and what was intended to be delivered. So febrile has the disputation been that the Office of the Auditor General has since signalled that it will undertake a special audit of the project. Underpinning this will be a value for money audit. 

Cheddi Jagan International Airport – Guyana

Continue reading

Georgetown: The G$16B owed by commercial defaulters is a serious indictment

By GHK Lall – commentary – Letter in Stabroek News – 06 May 2019

I refer to the article titled, `M&CC, City Chamber seal cooperation pact’ (SN May 4). (See news article below)  That is nice.

First, I congratulate the leaders of The Mayor and City Councillors (M&CC) of Georgetown and the Georgetown Chamber of Commerce and Industry (GCCI) for breaking ground and getting to this early childhood stage.  I trust that the accompanying photograph of smiling faces will grow wider in the months ahead.  The test would be execution in the seven areas identified in that MoU.  A lot of good intentions; a lot of good could come.  There is waiting.  Now I must go beyond the happy smiles and happy talk.

I had to step back and inhale sharply.  That is 16 billion dollars in arrears, if I can still read.  Sixteen billion!  And a mere 140 of those commercial defaulters responsible.      Continue reading

The wealth gap is an understatement – Commentary

The wealth gap is an understatement, for that differential between haves and have-nots can no longer be confined to a mere gap. The stark reality is that it is more of a wealth ocean in vastness, a separate planet all by itself. Gap does not begin to capture the hard disparities.

According to the 2018 report from the Billionaire Bonanza, as published by the Institute for Policy Studies and carried online by Yahoo Finance on April 26, in America, the land of unlimited opportunity and dreams, three family dynasties – the Waltons of Walmart supermarket fame, the Koch Brothers with diversified businesses, and the Mars family, makers of the candy with the same name, together possess and control “a staggering US$348.7 billion in assets as of October 2018”.          Continue reading

Guyana: CJIA Renovation…State auditors to target duty-free concessions in probe

Photo of the CJIA terminal area

It appears that the authorities are paying attention to rising concerns over the ongoing expansion of the Cheddi Jagan International Airport (CJIA), at Timehri.

A major probe is to be carried out to determine whether Guyana received value for its money.

It would come after almost a decade of criticisms for a project that was born in secret and has been saddled with one problem after another.

According to Auditor General, Deodat Sharma, an audit is being planned at the moment.            Continue reading

American Airlines for daily non-stop NY flights to Guyana from December

– also expanding Miami to daily service

American Airlines is to begin non-stop daily flights from Guyana to New York from December this year or earlier.

This would be a major development on the New York route. American began flying non-stop between Guyana and Miami on November 15 last year and will be expanding this service.

Sources say that because of the success of the Miami operations, from next month, American will increase the Miami-Guyana run to daily Airbus 319 service.      Continue reading

Airlines: JetBlue will service the Guyana- New York route, early 2020

JetBlue coming to Guyana 

Guyana Chronicle – April 11, 2019

AMERICAN carrier JetBlue is expected to add Guyana to its international routes in early 2020.

Reports are that company executives discussed several routes with which the airline will be establishing itself in the months ahead and, on Wednesday, JetBlue officials discussed the lucrative nature of the Guyana-New York route.

JetBlue sources told Guyana Chronicle that officials are brainstorming the type of aircraft to service this route.        Continue reading

INCREDIBLE PICTURES OF GUYANA – click to view

Stabroek Market. Georgetown. Guyana.

INCREDIBLE PICTURES OF GUYANA

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