Representative of the Inter-American Development Bank (IDB) in Guyana Sophie Makonnen said the bank’s due diligence on the Amaila Falls Hydroelectric Project will be completed by June or July this year and clarified that a recent visit by a team of IDB personnel was not part of that process.
Speaking to this newspaper on Friday, Makonnen said that a technical team will be in Guyana in a few weeks to advance the due diligence process. The due diligence is being done to determine whether the IDB will be making available a critical component