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14 May 2014 14:21 #190755
by chairman
Among them CJIA, Amaila Falls, Skeldon Factory contractors
Four Chinese construction companies are vying for a major Ministry of Public Works’ project to widen the East Coast Demerara public road.
Three of them are firms that have been doing business with Guyana. The East Coast project entails work from Better Hope to Belfield Village.
The bids, ranging from US$46.9M-US$71.4M were opened yesterday at the National Procurement and Tender Administration Board (NPTAB), Ministry of Finance, Main & Urquhart Streets.
China Harbour Engineering Co Ltd, the contractor in the US$150M expansion of the Cheddi Jagan International Airport, submitted a bid for US$60.4M ($12B).
China National Machinery Import/Export Company Limited, the company that was involved in the construction of problematic US$200M Skeldon expansion project, also submitted a proposal for US$55.6M ($11B).
Also placing a bid was contractor for the Amaila Falls Hydro-Electric Project, China Railway First Group Company Limited. The bid from that company is US$46.9M ($93.8B).
The highest bid would have come from China State Construction Engineering Corporation for US$71.4M.
The Engineer’s Estimate for the project is US$57.6M.
The project will be one of the costliest in recent times in terms of infrastructural works, after the ongoing CJIA and Marriott.
The Amaila Falls hydro deal is not closed as yet but is estimated more than US$850M.
Always tell someone how you feel because opportunities are lost in the blink of an eye but regret can last a lifetime.
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SeanM
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19 May 2014 00:38 #191385
by SeanM
Its Sad how China is the most active power in the region, when the US is less than 200 miles away, can you blame us that we gravitate more towards them...
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Only Chinese firms bid for East Coast road project
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