Business

Courtney Benn Construction Company has been sued for more than GYD$347 million for failing to rebuild the St. Rose’s High School in keeping with a contract. In court papers released by the Attorney General’s Chambers, the Attorney General Anil Nandlall states that the government scrapped the contract because after 18 months only nine percent of the works had been completed. ...

The Ministry of Public Works has put in place a system to track the completion of infrastructural works by contractors and ensure that bonds do not expire and the works are not finished, Permanent Secretary Vladim Persaud said Wednesday. He made the disclosure while he was being questioned by the House bipartisan Public Accounts Committee (PAC) about a section of ...

Former Minister of Public Infrastructure, David Patterson on Wednesday said he played no role in deciding on gifts that he had been presented, and he vowed that to ensure that “mischievous” disclosure of records would not sully his character. “In my case, at no time did I ever request, solicit or influence in any way the action of any agency ...

Minister of Public Works, Juan Edghill on Tuesday said a number of agencies under his ministry has provided records showing the names of former Ministers of Public Infrastructure being associated with the purchase of mostly jewellery as gifts for them. The records show that separate purchases had been authorised by the relevant accounting officers of the Maritime Administration, Transport and ...

Even as former Public Infrastructure Minister David Patterson’s name on Monday continued to be associated with another pricy jewellery purchase, a wide-ranging  check has been ordered to ascertain whether similar items had been purchased by other agencies under that ministry, Public Works Minister Juan Edghill said. Mr. Edghill also said the General Manager of the Demerara Harbour Bridge, Rolston Adams ...

Fewer than 12 employees of the Demerara Harbour Bridge Corporation and the Asphalt Plant are to be fired, Public Works Minister Juan Edghill said Monday. “There will be a major shakeup in both the Asphalt Plant and the Harbour Bridge,” he told reporters ahead of Monday morning’s Public Accounts Committee hearing. “Any party who played a role in facilitating what ...

As a shake-up in the administration of the Demerara Harbour Bridge and the Asphalt Plant looms as early as this week, authorities say they have uncovered records showing that more than GYD$500,000 of government funds were used to purchase a band and a tiepin purportedly for then Public Infrastructure Minister David Patterson’s birthday but he insisted that he never received ...

President Irfaan Ali on Thursday promised that his administration would build 1,000 houses in Region 10, 50 of which will be for young professionals by this October, and already A Partnership for National Unity+Alliance For Change (APNU+AFC) has said the announcement was in response it its call and that it would ensure government keeps its promise this time, The plans, ...

Total and Apache Corp. have made a new significant oil and gas discovery at the Keskesi East-1 well, in Block 58 off the coast of Suriname, Oilfield Technology reported. This follows previous discoveries at Maka Central, Sapakara West and Kwaskwasi, The well was drilled by a water depth of about 725 m and encountered a total of 63 m net ...

An Indian company and the Transport and Harbours Department of the Ministry of Public Works on Wednesday signed an agreement to build an ocean-going vessel at a cost of US$ 12,733,403 to ply the Georgetown-North West District route, the Indian High Commission said. The Garden Reach Shipbuilders & Engineers Ltd (GRESL), a Government of India Undertaking under the Ministry of ...