Latest update February 10th, 2025 2:25 PM
Guyana inks US$4M agreement with India for drainage, irrigation pumps
The Government of Guyana and the Export-Import Bank of India in Washington, D.C inked an agreement on Wednesday for the provision of drainage and irrigation pumps.
(From the left): Mr. Sailesh Prasad, Resident Representative signing on behalf of the Export-Import Bank of India and Minister of Finance, Winston Jordan
Signing on behalf of Guyana was Minister of Finance, Winston Jordan, while Mr. Sailesh Prasad, Resident Representative signed on behalf of the Export-Import Bank of India.
The Credit Line Agreement valued at US$4 M will allow Guyana to benefit from the procurement and installation of fixed high-capacity and mobile drainage and irrigation pumps, associated spares and institutional strengthening related to the use and maintenance of the equipment.
More importantly, the acquisition of these pumps is expected to reduce the risks of flooding in low-lying areas and will bring relief to residents and farmers whose economic activities are usually disrupted by flooding caused by intensive rainfall and overtopping of the sea.
They will provide flood relief to approximately 25,000 acres of agricultural and residential lands.
According to a missive from the Ministry of Finance, residents in Hampton Court and Devonshire Castle in Region Two, Den Amstel in Region Three, Hope and Nooten Zuil in Region Four, Mora Point in Region Five and Rose Hall in Region Six will soon benefit from the placement of the eight fixed pumps within their communities which will help to restrict flooding in their communities.
Meanwhile, five mobile pumps will provide drainage services to Georgetown and its environs including La Penitence, Cummings Canal, Church Street, Sussex Street and South Ruimveldt.
According to the Finance Ministry, these mobile drainage pumps will be assigned to various locations close to existing sluices in the city and its surrounding areas and will also be deployed to other areas to alleviate flooding, whenever necessary.
The Finance Ministry said that the signing of this Agreement is yet another gesture of the support from the Government and the people of India to assist Guyana in achieving its socio-economic development goals.
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