Latest update October 9th, 2026 6:21 PM
May 12, 2017 News
A number of infrastructural projects which are being funded through grants and loans provided by the Indian government are experiencing delays due to a new tendering and procurement process in the South Asian nation.
According to Minister of Finance Winston Jordan, the reason for the delay is that in the agreement surrounding these projects funded by the Indian government, there is a provision that Indian contractors should be used.
As such, due to the new process being implemented, Indian contractors are taking some time to adjust to the changes which has trickled down to cause the delays in Guyana.
Jordan made this known during a press conference following the signing of a Memorandum of Understanding between the government of Guyana and the United States Agency for International Development (USAID) for the Youth Empowerment Services (YES) Programme.
Jordan was at the time giving an update on the work of the Ministry and challenges faced for the past two years since the APNU+AFC government has been in office. He said that the Indian government has been very helpful towards the Guyanese government in terms of approving the financing for the projects.
He said that the Indian government has approved US$50M to link the East Coast Demerara and East Bank Demerara road network. He added that US$4M was approved to supply pumps and US$10M has been secured for ferries to serve the North West District area, among other projects.
Despite the delays, Jordan said that the APNU+AFC government is appreciative of the assistance. He said, “The thing is, all of these projects have to have Indian contractors and consultants, and we’re experiencing grave problems in getting movement and traction in getting these contractors on board.”
He said that it has been over a year since his government would have signed the US$50M road project and nothing has been done. “It is not our fault; we are trying desperately to get contractors.”
When asked what the problem is in getting contractors, the Minister explained, “There is a new system in place in India; A new procurement and tendering system which according to the Indian High Commissioner, everybody is trying to get familiar with.”
Secondly, Jordan reported that the amount for the project may seem significant for Guyana but it is small for Indian contractors, so to get contractors who are interested in bidding for the project is an issue.
Jordan said that his government has written to the Indian High Commission on several occasions on the issue. He said that if the situation continues, the two countries may have to resolve to use different approaches to address the delays.
Subscribe to get the latest posts sent to your email.
Oct 09, 2026
…Saints and SHC S’Team record wins at National Junior Indoor Hockey Championships (Kaieteur News) – The Guyana Hockey Board’s National Junior Indoor Hockey Championships got off to an...Oct 09, 2026
(Kaieteur News) – There is a particular danger when tourism people gather in a room to discuss the future of tourism. Before anybody notices, somebody is talking about luxury resorts, billion-dollar investments, global sporting events and infrastructure on a scale that would make Dubai look like...Oct 04, 2026
By Sir Ronald Sanders (Kaieteur News) – The Caribbean did not start, or participate in, the war involving the United States, Israel and Iran, nor the other continuing conflicts in the Middle East. Yet millions of Caribbean people are paying a price for them every day. They pay it at petrol...Oct 09, 2026
(Kaieteur News) – Pres. Ali has constructed a movie. He has a lot of help from former president, Jagdeo. Since both are into mythmaking, the movie they made presents an image to Guyanese. Perfection. PPP Govt. women made to look angelic. PPP men less demonic. Fantasy made to be...Freedom of speech is our core value at Kaieteur News. If the letter/e-mail you sent was not published, and you believe that its contents were not libellous, let us know, please contact us by phone or email.
Feel free to send us your comments and/or criticisms.
Contact: 624-6456; 225-8452; 225-8458; 225-8463; 225-8465; 225-8473 or 225-8491.
Or by Email: glennlall2000@gmail.com / kaieteurnews@yahoo.com