The new vessel that is being procured by the Ministry of Public Infrastructure will have a capacity to hold almost 280 persons and 14 cars.
In a bid to procure another vessel to ply the Georgetown-North West route, the Government of Guyana last week signed a US$10 million loan with Exim Bank of India. While the vessel is expected to cost US$18 million, the other US$8 million will be provided via a grant from the Indian government.
A source from the Indian High Commission told Stabroek News yesterday that the vessel is expected to be 55m in length and 11m in width.