Guyana Gov’t signs $14b in contracts -for infrastructure, housing

Nearly 200 contracts worth a whopping $14b were signed yesterday by the government as its plan to provide 50,000 house lots for citizens over five years moves ahead.

The infrastructural works and construction of houses will take place in various areas across the country including Cummings Lodge, Prospect and Great Diamond, according to a release from the Ministry of Finance.

According to the release, Minister within the Ministry of Housing and Water Susan Rodrigues said the housing areas being developed would allow for over 10,000 house lots. She also said that the process was historic as it was the first time that so many contracts were signed at any one time by a single Ministry. According to Rodrigues, this signalled the importance the Government was placing on the sector, the release added.

$ 14 billion dollars worth of contracts and 200 hundred contractors. Government must now hire foreign Project Managers to oversee this undertaking so as to prevent the corruption that is always just lurking a stone throw away.