Fixing fibre optic cable to cost $2B

krishna · 04-19-2015, 11:21 AM

#1
Remedial works on the botched project to run a fibre optic cable from Brazil to Georgetown have begun and true to experts’ predictions it will cost about another $2 billion to fix what has already been done to the value of $1 billion.

“We have started the job about two weeks now and we are going with it …It will cost somewhere there about US$10 million,” F Mohammed , who is Chief Executive Officer of Dax Engineering , the company undertaking the rehabilitation works, told Stabroek News last Thursday, in an interview.

#2
the company that had the contract should be made to pay back some money.


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