Inter-American Development Bank (IDB) Representative in Guyana Sophie Makonnen says the due diligence the Bank is presently carrying out on the proposed Amaila Falls hydroelectric project has experienced delays and notes that while such delays are not unusual for this type of project, the access road’s completion is a key condition to the process.
It had been expected that the due diligence would come to an end by the end of July however this will not be met. Makonnen did not give a new date by which time the due diligence is expected to be completed.
“Due diligence is on-going and given the complexity of the project some delays have