The agreement for the construction of the Amaila Falls Hydro project and Transmission Line was signed yesterday in Xian, China by Sithe Global and China Railway First Group (CRFG) and Finance Minister Dr Ashni Singh urged all partners to recommit their efforts to seeing the timely realisation of financial closure and implementation.
The Engineering Procurement and Construction (EPC) contract, executed by Bruce Wrobel, CEO of Sithe Global and Sun Yonggang, Chairman of China Railway First Group, is valued US$506 million and will be the largest infrastructure contract ever executed in Guyana,