Category Archives: Guyana infrastructure

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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Guyana: Republic Arch recommissioned for 50th anniversary

February 22, 2020 – 6:02 pm

Posted by: Denis Chabrol in Demerara Waves – February 22, 2020

As Guyana prepares to celebrate its 50th Republic anniversary on February 23 as a Republic, the Republic Arch in the capital city, Georgetown, was recommissioned.  The Republic Arch is on Church Street and Avenue of the Republic.

The Ministry of the Presidency’s Department of Social Cohesion recently rehabilitated the landmark.

Prime Minister Moses Nagamootoo on Friday February 21, 2020, noted that the arch – a symbol of national pride – was situated amidst historic architecture including the Georgetown City Hall and the St. George’s Cathedral.      Continue reading →

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Twenty in 2020 and expecting The Good Life – by Francis Quamina Farrier

February 20, 2020 – 8:18 pm

 50 Republic Jubilee Anniversary, 2020

Twenty in 2020 and expecting The Good Life – by Francis Quamina Farrier

During the past few  weeks I have been wondering what would be the topic for my Guyana 50 Republic Jubilee Feature Article. Just a few days ago I concluded my wondering thoughts and decided to focus on the bright faces and minds of those Guyanese who are now age 20, and who will be voting for the very first time in a National General Elections. I have also decided to respectfully pass on some elderly advice to first time voters; the kind of advice which I received when I was a first time voter.

To the first time voters, I would let them know that back in Colonial British Guiana, one could not have voted at General Elections unless one was a property owner. One had to own house and land. In other words, ordinary poor people did not have a franchise and were not entitled to vote. So, many of our ancestors were really not full citizens as we are today. Then came what was known as “Adult Suffrage” which gave Voting rights to all adults 21 years and older. That was subsequently reduced to 18 years and older.      Continue reading →

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Diaspora Engagement: Assessing Tensions and Solutions due of Social and Economic Transformation in Guyana — By Lear Matthews

February 20, 2020 – 5:33 pm

This two-part article examines the tensions between the diaspora and home country and efforts to resolve them. This timely presentation is informed by the imminent economic windfall which requires constructive dialogue, collaboration, and informed policy, and argues that geographic separation should not prevent a common identity and the will to achieve a mutually beneficial purpose.

Diaspora Engagement: Assessing Tensions at a Time of Social and Economic Transformation in Guyana

— By Lear Matthews      (PART 1)

Transnational ties between immigrants and their home country is a universal phenomenon, but the relationship is often tenuous if not ambiguous. Diaspora engagement presupposes the formation of a partnership for development in which immigrants bring “potential value” to the development process through the provision of financial resources and human capital. Ideally, this situation augments connections and contributes to nation-building. Nevertheless, tensions do exist though not readily acknowledged.              Continue reading →

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Guyana: New Berbice passport office commissioned in New Amsterdam

February 14, 2020 – 8:16 pm

 Feb 14, 2020  News

Director General of the Ministry of the Presidency, Joseph Harmon, yesterday reaffirmed Government’s commitment to decentralising and improving access to Government services for every Guyanese.

The new passport office in New Amsterdam, Berbice.

DG Harmon was at the time officially declaring open the Department of Citizenship’s $57.5M Immigration office in Canje, New Amsterdam, East Berbice-Corentyne (Region Six).

At the simple ceremony, Harmon said Government has a responsibility to ensure that State services are available to all citizens, regardless of geographic location, political affiliation or any other factor. He noted that this was the first vision outlined by President David Granger when he assumed office in May 2015.        Continue reading →

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Guyana: US$75M – 150-room AC Marriott Hotel for Ogle

February 14, 2020 – 7:59 pm

Feb 13, 2020  News – Trinidadian businessman John Aboud is investor – NICIL

There will be the turning of the sod this afternoon (February 13), to start the construction of a US$75M, 150-room hotel at Ogle, East Coast Demerara. The hotel to be named AC Marriott, will take 30 months to complete, with Trinidadian businessman, John Aboud, as the investor in Trinuyana Investments Incorporated of Guyana. 

CEO of Trinuyana Investment Inc., John Aboud

The land would be in the vicinity of where the old headquarters of the Guyana Sugar Corporation (GuySuCo), at Ogle is located. It will also reportedly be close to where a bypass road linking the East Bank Demerara will be built.

According to an invitation from the National Industrial and Commercial Investments Limited (NICIL), Minister of Finance, Winston Jordan, will deliver the keynote address.        Continue reading →

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