Tag Archives: New Demerara Bridge

GUYANA: BOOT illusions and Amaila Falls Hydro-Electric Project – By Dr. Tarron Khemraj

The build-own-operate-transfer (BOOT) financial arrangement has been used around the world to fund important infrastructure in partnership between government and private investors. In this financing model, the private investor upfronts the initial investment cost and expects to be repaid over some time period. The investor has an expected rate of return before underwriting the project.

Guyana’s government – particularly the pre-2015 and post-2020 PPP/C – has sold this financial arrangement as one where the government undertakes no risk or financial obligation. The public is often told that the government is not upfronting any money; as a result, the builder-owner-operator bears the financial burden and risks. If it sounds too good to be true, it is.        Continue reading

Guyana: Infrastructure Projects: The Chinese are Coming – Opinion

GUYANA – LATEST NEWS – 10 October 2015 – Kaieteur News

GUYANA – LATEST NEWS – 10 October 2015 – Kaieteur News

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New Demerara Bridge could be funded by UK

OCTOBER 10, 2015 | …the single largest bilateral donor in Caribbean  There are still lots of details to be worked out; but Guyana is set to benefit tremendously from a hefty grant made by the United Kingdom of Great Britain to the Caribbean. Recently, UK Prime Minister David Cameron visited Jamaica. There, he announced that his […]

Permanent Secretaries should not be political appointees – former Auditor General

OCTOBER 10, 2015 | – Calls for discharge of contract workers   — “No one can serve two masters,” former Auditor General, Anand Goolsaran, underscored in his submission to the Commission of Inquiry, (COI) into the Public Service yesterday. In his presentation before the Commission, Goolsaran alluded to the fact that civil servants cannot uphold professionalism, fairness, equity, transparency in serving […]   Continue reading

News Reader: GUYANA: Newspapers and online news – Latest Entries

News Reader: GUYANA: Newspapers and online news – Latest Entries

GUYANA:  Newspapers and online news – Latest Entries

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Guyanese Online Post # 5750

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