Design-Build-Finance-Operate-Maintain (DBFOM)

China State Construction Engineering Corporation awarded contract to build new Harbour Bridge

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CABINET has granted its no-objection for the Ministry of Public Works to engage China State Construction Engineering Corporation Limited to construct the New Demerara Harbour Bridge (NDHB), based on a Design-Build-Finance (DBF) model. According to a Ministry of Finance release, the financial terms and conditions would be no less favourable than those submitted in the … Read more

Chinese company awarded contract to construct new Harbour Bridge

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Guyana is close to building a new four-lane, high-span fixed bridge across the Demerara Harbour Bridge (DHB) after a Chinese Company – China State Construction Engineering Corporation Ltd. – was given the nod of approval from Cabinet to construct the new structure. The Ministry of Finance in a press statement late Monday night outlined that … Read more