Latest update February 14th, 2025 8:22 AM
Feb 12, 2025 News
Kaieteur News-Having constructed a brand new market structure at Leonora, West Coast Demerara (WCD) for vendors for approximately $386 million, the government is preparing to spend an additional $70,276,260 for an extension at the same facility.
This is according to an invitation for bids issued by the Ministry of Public Works and the Ministry of Local Government and Regional Development. The project is expected to open on February 26, 2025 at the National Procurement and Tender Administration Board (NPTAB) office.
This publication reported that back in 2022, the government through the Local Government Ministry signed a $149 million contract to build a brand new tarmac to better accommodate the vendors there. That project was awarded to S&D Construction to construct an 8000sq. meter tarmac, which would accommodate some 700 vendors. The ministry had noted at the time that the new infrastructure comes after over five decades of vendors operating at Leonora near the main access road.
Following that contract, another tender was out in 2023 for phase two of the market structure. It was stated on the NPTAB website that the contract for that phase was awarded to Industrial Fabrications Inc. for $237,652,015. Together the two contracts bring the total spent on the market to $386 million.
This publication had reported that the move to upgrade the market tarmac at Leonora was first announced back in April 2022 when President Irfaan Ali and several ministers had visited the area to address the concerns of vendors there.
During the visit, it was announced that the Leonora Market Old RSoad will be upgraded as well as the tarmac area.
“We want to propose one huge tarmac, one huge tarmac and bring everyone on the tarmac and then develop the infrastructure around of the tarmac, that is the proposition that we have made,” the President had stated during the visit. It was reported that during this year’s budget presentation, a sum of $2.7 billion has been allocated to undertake works at several markets across the country.
(Govt. to spend $70M more to extend newly built Leonora Market)
Feb 14, 2025
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