Latest update February 4th, 2025 5:54 AM
Sep 04, 2012 News
– Mid-year Economic report
Government has spent over $400M of the $2B which was allocated for the water sector, within the last six months. This is according to Finance Minister Dr. Ashni Singh who was at the time addressing the media on the mid-year report on the economy.
The Minister disclosed that upgrades to the water supply in West Watooka and Christianburg are about 95 percent complete. Also, Singh said that upgrades were done to the Rose Hall and Fellowship/Pouderoyen Water Treatment Plant systems will be completed in the second half of the year.
The Minister said that contracts were awarded for the installment of 10 photovoltaic systems and for the upgrade of five existing water supply systems. Further contracts were given out for the construction of medium-depth boreholes in the hinterland communities.
Meanwhile, in the area of infrastructure, government has spent over $2.5B on roads and $255 million on bridges in the first half of the year. Singh said that another $370M was expended for the asphalting of 16 kilometres of all-weather roads in the Black Bush Polder, East and West Canje, to improve access to over 18,500 acres of agricultural land.
According to the Minister, another $525 million was spent on preparatory works to accommodate the expansion of the four-lane access road to the Cheddi Jagan International Airport, the extension of the four-lane highway from Providence to Diamond and the widening of the highway from Better Hope to Golden Grove. Further $1.5 billion was spent on the construction, rehabilitation and maintenance of urban, rural, community and hinterland roads in all the Regions. Some $451 million was spent on the construction and rehabilitation of access roads from Mabura Hill Road to Amaila Falls.
Singh further disclosed that $228 million was expended on the commencement of the reconstruction and rehabilitation of 20 critical structures from Belladrum to Rosignol. He said that it is expected that $270 million will be spent on the rehabilitation of pontoons and cluster piles supporting the Demerara Harbour Bridge.
The Minister added that works to accommodate the operations of the two roll-on/roll-off ferries progressed on Parika and Supenaam stellings and it is anticipated that following test runs in August, operations will commence this month. $950 million was spent for the rehabilitation and leveling of earthen embankments of sea and river defences in Regions two, three, four, five and six.
Dr. Singh stated that the Guyana Power and Light Inc., continued to implement its loss reduction plan, including replacing 3,718 meters with prepaid meters and metering 3,794 new service connections with Itron meters.
He said that $349 million was spent to facilitate the implementation of the GPL Infrastructure Development Project where 1.8 kilometres of submarine cable was laid, linking Kingston and Vreed-en-Hoop, as well as preparatory work on the substations at Kingston, Vreed-en-Hoop and Edinburgh. Over 6,600 solar panels were distributed under the Hinterland Electrification Programme.
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