Aug 14, 2015 News
EX-IM Bank of China officials on Wednesday paid a courtesy on David Patterson, Minister of Public Infrastructure at his Wight’s Lane office.
Among the topics discussed was the Cheddi Jagan International Airport (CJIA) expansion
project. The bank is lending US $138M towards the US$150M-plus project.
The project was stalled for a few weeks as the new administration met with the China Harbour Engineering Company (CHEC) to iron out differences over millions being claimed for payments.
The Chinese contractor agreed to lower its demands and has reportedly restarted work.
The work includes extension of the terminal building and a longer runway to accommodate bigger planes.
According to the Ministry, the Minister expressed a desire to have the works completed by the second quarter of 2017 and commended the contractor, CHEC, for making the necessary compromises to ensure the project is completed.
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