Guyana poised to swiftly secure funds for Corentyne River Bridge, says VP Jagdeo

Guyana is well-positioned to swiftly secure its share of the funds required for the long-anticipated Corentyne River Bridge, with Vice President Dr Bharrat Jagdeo confirming the country’s readiness to proceed with the project.

Speaking at his regular press conference on Thursday, Jagdeo revealed that while Guyana will rely on a loan for its 50 percent contribution, there is no concern about securing the necessary funds, once Suriname signals its readiness to move forward.

Multiple potential financiers, including the Chinese, have already been explored, making the swift mobilisation of funds highly likely.

The Corentyne River Bridge is seen as a critical infrastructure project aimed at strengthening connectivity between Guyana and Suriname, while also advancing broader regional integration with Brazil.

Both Presidents Irfaan Ali of Guyana and Chandrikapersad Santokhi of Suriname have repeatedly emphasised the importance of the bridge, noting how it will enhance the flow of people, facilitate trade, strengthen agricultural cooperation, and boost tourism and investment in the region.

Jagdeo reassured the public that Guyana will be able to repay its share of the loan with “great ease,” particularly in light of the potential revenue from the development of the Deep Water Harbour in Berbice.

“We’ve been working on this for a while, and although it took longer than expected, we are now ready to proceed. Once the financing is secured, the project will move forward quickly,” Jagdeo confirmed.

He also reiterated that the costs will be shared between Guyana and Suriname, ensuring mutual benefits for both nations.