Nov 18, 2011 News Comments Off on Breaking News!!! Another Chinese Coy gets multi-billion-dollar Guyana contract
A secret deal for which a Chinese bank is putting US$138 million (G$27.6 billion) has been signed with a Chinese company to expand the country’s lone international airport, but the deal was not made public by the Guyana government.
The Jamaica Observer newspaper reported yesterday that China Harbour Engineering Company (CHEC) signed the deal last Friday to expand the Cheddi Jagan International Airport.
The Guyana government has said nothing of the deal.
The Jamaican newspaper quoted CHEC as saying that the China Exim Bank will fund the construction of a modern terminal building and the extension of the runway by 1,066 metres to reach a total of 3,336 metres at the airport located in Timehri.
The company was also quoted as saying that China Exim is providing US$138 million ($11.9 billion) in financing.
CHEC is involved in infrastructure projects in Jamaica.
Sep 24, 2020DERBY, England – Peaking at the right time. That is how West Indies Women’s new ball bowler Shakera Selman described her career after an impressive performance in the first T20 International...
The total number of coronavirus cases in Guyana stood at 2, 535 on Wednesday of which there are almost more than 1,000 active... more
Freedom of speech is our core value at Kaieteur News. If the letter/e-mail you sent was not published, and you believe that its contents were not libellous, let us know, please contact us by phone or email.
Feel free to send us your comments and/or criticisms.
Contact: 624-6456; 225-8452; 225-8458; 225-8463; 225-8465; 225-8473 or 225-8491.
Or by Email: [email protected] / [email protected]