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Guyana running out of coastal land to distribute- Ali

President Irfaan Ali has said that Guyana is running out of large acreages of land on the coastal strip. Speaking at the recently held Guyana-Canada Chamber of Commerce Dinner and Awards, he said, “the reality is that we don’t have that land now on the coast.” He said he asked for pictures of new developments asked for pictures of the ...

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Red Road, Providence closed to facilitate repair to huge bulge

The major thoroughfare, Red Road, at Providence, East Bank Demerara on Thursday bulged and cracked, forcing vehicular and to avoid that artery altogether, Public Works Minister Juan Edghill said. As a result of the “unusual” occurrence, he said traffic on Red Road would be restricted from the Providence Public Road to Massy’s supermarket. He told reporters that engineers believed that ...

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Design of new Demerara River bridge yet to be approved; nearby residents left without satisfactory answers

The design of the new Demerara River Bridge is yet to be approved, a Ministry of Public Works Engineer told a stakeholder meeting primarily with nearby East Bank Demerara residents who complained bitterly that they did not get proper answers to their questions. Engineer Siddiq Khan told the consultation at the Peter’s Hall Primary School that government was getting ongoing ...

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Guyana gov’t, Indian company ink major EPC contract for natural gas liquids, natural gas-fired power plant

The Guyana government and one of India’s leading engineering companies on Wednesday inked a US$155.99 million contract to provide to provide Engineering Procurement and Construction (EPC) services for  transmission lines and substations for the Natural Gas Liquids plant and the 300 megawatt natural gas power plant at Wales, West Bank Demerara, the Indian High Commission said. The deal was inked ...

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Guyana targeted to benefit from new EU project financing model

The European Union (EU) is providing a new model of infrastructure pr0ject financing to Guyana and other Caribbean and Latin American countries that will see the bloc continuing to provide grants with the expectation that international and regional financial institutions will inject massive amounts of cash for larger projects, EU Ambassador to Guyana René van Nes said Thursday. “This is ...

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CDB approves US$76.2 million for upgrade of Guyana water supply systems

BRIDGETOWN, Barbados, July 10, 2023: The Caribbean Development Bank (CDB) on Monday announced it has approved a US$76.2 million loan to the Government of Guyana for the Guyana Water Supply Improvement Project under which the water supply systems serving five coastal communities will undergo major upgrades. The infrastructure development initiative involves the construction of five water treatment plants, complete with ...

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PPP banking on cash grants, housing, new bridge to wrest Linden from PNC-APNU

President Irfaan Ali on Saturday night indicated that his People’s Progressive Party Civic (PPPC) was depending on the now GY$40,000 cash-grant per child to take away control of the Linden Town Council from the People’s National Congress Reform (PNCR) for the first time at the June 12 Local Government Elections. “If those parents whose children benefit from this policy of ...

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New Demerara Harbour Bridge will open access to new lands for oil sector- Edghill

The new high-span four-lane Demerara Harbour Bridge, which will not have to retract for boats to pass up and down the waterway, is expected to trigger the development of more shorebases and other riverside facilities to support Guyana’s rapidly expanding oil and gas sector, Public Works Minister Juan Edghill said. Addressing a workshop by the Inter-American Development (IDB) to support ...

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APNU+AFC gov’t, ExxonMobil had no agreement for Guyana to pay for new headquarters -Mahipaul

Opposition A Partnership for National Unity+Alliance For Change (APNU+AFC) parliamentarian Ganesh Mahipaul on Friday said his then governing coalition and ExxonMobil never agreed that the US$160 million that would be spent on building a new headquarters building at Ogle, East Coast Demerara would be recovered from oil revenues. “I’m guided that there were discussions and there was no agreement with ...

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European Union provides more funds for sea defence works

The European Union (EU) is providing another 7.5 million Euros for the further rehabilitation of Guyana’s sea defence, Deputy Managing Director for Americas, European External Action Service Mr Javier Niño Pérez announced on Tuesday. He said the decision to provide the additional cash to Guyana is because the country has managed the 30 million Euro disbursement that has seen at ...

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December 2023