Category Archives: Guyana infrastructure

GUYANA: New Harbour Bridge planned from Nandy Park, East Bank Demerara to LaGrange, West Bank Demerara

September 28, 2020 – 1:28 am

Inter-agency body to oversee new harbour bridge to be convened 

President Ali at Nandy Park, East Bank Demerara site

DPI  September 26, 2020

President Dr. Mohamed Irfaan Ali, says the government will be convening an inter-agency committee next week to oversee the consultations on the project to build a new, state-of-the-art harbour bridge.

The President made the disclosure this afternoon during a visit to the proposed site for the construction of the bridge at Nandy Park, East Bank Demerara. He was accompanied by Minister of Public Works, the Hon. Bishop Juan Edghill, Minister with the Ministry of Public Works, the Hon. Deodat Indar, and other officials.      Continue reading →

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Guyana Prison Service: Let the citizens know who’s running the Show – By Yvonne Sam

September 27, 2020 – 12:05 am

— By Yvonne Sam

So much has gone wrong —For Far Too Long

The way in which societies treat individuals who have been deprived of their liberty is a litmus test of commitment to human rights. A wide range of international treaties and standards exist to guide prison services across the world. John Whitaker — Straw British M.P

Prisons play an essential role in society. They are crucial to human and public security.

After seeing the headlines about the Lusignan Prison riot, and on the point of allowing the words “Not Again” to hastily depart my lips and seek refuge or dispersal in the surrounding atmosphere, I was once again painfully reminded of the plethora of problems that have plagued the Guyana prison system on the whole.          Continue reading →

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GUYANA: President Ali to investigate the US$150M decade-long CJIA renovation scandal…

September 24, 2020 – 12:10 am

I will not accept this project …President Ali tells Chinese contractor, other stakeholders

 Sep 22, 2020  News–  –– investigations to be launched

Years of anger over the ongoing US$150M-plus expansion at the Cheddi Jagan International Airport (CJIA), Timehri, culminated yesterday with an angry President Irfaan Ali making it clear that Guyana will not be accepting the project as is.

President Irfaan Ali with Chinese ambassador to Guyana, Cui Jianchun.

During a meeting and tour of the project, the president also vowed an investigation will be coming and that it is unacceptable that a fixed-price project could be so drastically reduced in scope.

CHINESE AMBASSADOR PRESENT    Continue reading →

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OPINION: Canadian company walks away with US$238M; now we begging for US$100M loan to build a bridge

September 1, 2020 – 12:20 am

Demerara Harbour Bridge – built 1970

 Aug 30, 2020  Kaieteur News – Opinion

Foreign investors, wherever they go, do so for two main reasons: to enrich the host country so that the people can benefit; and to enrich themselves. However, in Guyana, foreign investors behave like scavengers, raping our wealth and leaving us dry, pale and penniless and with wounds which would never heal.

Guyana Goldfields is a prime example. A group of Canadians came here and set up shop. Our government handed them huge swathes of prime mining lands and they enjoyed duty and tax-free concessions galore to the tune of billions. in Guyana dollars.  Continue reading →

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Guyana: Infrastructure Development: US$1.4b luxury project for Mahaica

August 31, 2020 – 12:20 am

By 

An artist’s conception of what the development will look like
An artist’s conception of what the development will look like
If all goes according to plan, Guyana will see the development of a US$1.4 billion real estate project along the Mahaica River in anticipation of expatriate and remigrant demand based on the country’s soon-to-be-realised oil wealth.
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In a press release yesterday, Construction and Investment Management Group (CIMGRO), headed by two Guyanese businessmen, Ragindra Persaud (www.nandpersaud.com) and Sudama Ramalingum of New Trend Auto announced that construction would begin on the Maraiko Bay Golf & Country Club; the first of two Championship PGA-standard golf courses. This construction is being billed as Phase I of Maraiko Bay, a 1,000-plus-acre US$1.4B oceanfront megaproject.    Continue reading →
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New Elevated Bridge proposed for Wismar, over Demerara River

July 10, 2020 – 1:13 am

   – as Italian engineering firm holds virtual consultation

A map of the new Wismar Bridge
A map of the new Wismar Bridge
By 

An elevated precast concrete girder bridge equipped with two traffic lanes and a footpath has been proposed to replace the existing Wismar, Linden Bridge which has been deteriorating over the years.

The design of the bridge was unveiled on Tuesday night by Italy-based engineering firm – Politecnica Ingegneria ed Architettura Società Cooperativa – which was contracted by the Ministry of Public Infrastructure to conduct a feasibility study and preparation of detailed designs for the construction.          Continue reading →
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Book: Guyana: Oil Dorado? – Second Edition – Available now on Amazon

March 9, 2020 – 6:14 am

CLICK TO ENLARGE

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Guyana Elections 2020: A scoring opportunity Ahead of oil riches, Guyana holds a decisive election – The Economist

March 2, 2020 – 7:08 pm
The country’s rancorous politics could make it hard to use the bonanza well

At election time, it is easy to tell which ethnic group dominates each of the villages strung out along Guyana’s Atlantic coast even without looking at the people. Where Afro-Guyanese are the main group, the green-and-yellow banners of the ruling coalition flutter. In Indo-Guyanese villages, it’s the red, gold and black of the opposition People’s Progressive Party (PPP). Voting in Guyana’s general election, due to be held on March 2nd, is likely to follow ethnic lines, as it has done for decades. This year the stakes are unusually high. That is because Guyana, South America’s third-poorest country, is about to be transformed by the petroleum that has begun to flow from vast offshore reservoirs.

Oil could change Guyana as radically as did sugar, which brought African slaves in the 18th century and indentured labourers from India in the 19th. By 2024 it could lift income per person from $5,000 to $19,000, nearly the same as in Poland. The IMF expects the economy to grow by 85% this year. By 2030 the government’s share of earnings from oil could reach $10bn in real terms, more than double last year’s GDP. This could “change us once and for all into a Singapore kind of country,” says the finance minister, Winston Jordan. Whichever party takes charge of the bounty could govern for decades. Mr Jordan calls the vote “the mother of all elections”.  Continue reading →

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INVESTMENT: Over 100 US businesses eyeing operations in Guyana – US Embassy official

February 23, 2020 – 12:30 am

By

Alexandra King Pile

Alexandra King Pile

There are pending enquiries from over 100 United States-based businesses about setting up operations in Guyana, Political and Economic Affairs Chief at the United States Embassy in Georgetown, Alexandra King Pile disclosed yesterday.

King Pile made the disclosure while congratulating US-based First Bauxite at the opening of its operations at Bonasika, in Region Three.          Continue reading →
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Guyana’s Gross Domestic Product (GDP) makes big jump in 2019

February 23, 2020 – 12:12 am

CMC, – Added 21 February 2020

Photo: Guyana’s Finance Minister Winston Jordan. (Picture courtesy Ministry of Finance Guyana)

GEORGETOWN – Guyana’s Gross Domestic Product (GDP) expanded by 4.7 percent in 2019 – the biggest growth since 2014.

This was disclosed by Finance Minister Winston Jordan as spoke at a sod-turning ceremony for the proposed Hilton Hotel in East Coast Demerara.

“While there has been positive growth from 2015, economic growth has been cumulative since 2017, moving from 2.1 per cent in that year to 3.8 per cent in 2018 and to 4.7 per cent last year. The growth recorded last year was more than the projected 4.6 per cent,” the minister said.  Continue reading →

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