Govt. signs secret deal to expand CJIA

Govt. signs secret deal to expand CJIA

NOVEMBER 19, 2011 | BY KNEWS |link

… Upset Chinese contractor revealed info

An unspecified deal for which a Chinese bank is putting US$138 million (G$27.6 billion) has been signed to expand the country’s lone international airport, but the Guyana Government has not said a word of the deal.

Yesterday, a spokesperson for the Chinese company, China Harbour Engineering Company said that the Guyana Government is annoyed that the company has gone ahead and announced the signing of the project. It has since moved to block the company from releasing any further information.

CHEC announced on its website that it had signed a contractual agreement with the Guyana Government to be the official contractors on the Cheddi Jagan International Airport expansion. The company said that the project will be funded by the China Exim Bank to the tune of US$138 million.   Read more

also this article:

CJIA ‘secret deal expansion’ hinges on securing Chinese loan

NOVEMBER 21, 2011 | BY KNEWS | FILED UNDER NEWS

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