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Already secured by the PPP/C – HARRY GILL

Already secured by the PPP/C – HARRY GILL

“The APNU/AFC coalition inherited more than US$500 million of resources that were already secured by the PPP/C to finance developmental projects. These included: US$30 million for China Exim Bank to construct a new Cheddi Jagan International Airport, and you know how that ended up; US$66.2 million from the Inter-American Development Bank (IDB) to fund a road network upgrade and expansion project; US$64.6 million from the IDB and EU to fund a power utility upgrade programme; US$50 million from the India Exim Bank to fund the East Coast to East Bank bypass road; US$34.4 million from the Caribbean Development Bank to fund the West Coast Demerara highway upgrade project; US$31.7 million from the IDB and EU to fund a water and sanitation infrastructure improvement project; US$15 million from IDB for a new Citizens Security project; US$12 million from World Bank for a Flood Risk Management project; US$10 million from the World Bank for a new Secondary Education Improvement project; US$10 million from the World Bank for the University of Guyana’s Science and Technology Support project; and US$7.5 million from the Caribbean Development Bank to fund a sugar industry mechanisation project.”

HARRY GILL

 

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