A new four-lane, concrete bridge will be constructed across the Demerara River at Wismar, Linden, Region 10 (Upper Demerara- Berbice) and Vice President Dr. Bharrat Jagdeo says the construction of that bridge will commence by the end of the year.
Jagdeo, speaking at a press conference at the Office of the President on Thursday, said the government is ready to commence negotiations on the project.
“The offer we have seen is very, very competitive,” Dr. Jagdeo said.
And he noted that the bridge could cost about US$35 million; the government is engaging the Chinese joint venture – China Railway Construction Corporation Limited.
That company is constructing the new $260 million crossing over the Demerara River to bridge Regions Three and Four.
Earlier this month, the Government of Guyana and the Kingdom of Saudi Arabia inked two loan agreements for infrastructural projects valued at US$150 million.
Those funds will be spent largely on expanding the local housing programme in three regions but will also allow for critical upgrades to the Wismar Bridge in Linden, Region 10.
And on Thursday, Jagdeo noted that several other large infrastructural projects, including new four-lane highways on the East Coast of Demerara (ECD) and in Berbice, are being pursued as well.
