-another $7b to be sealed shortly
Some 389 small contractors in Region Six will benefit from $6.9 billion in contracts for the upgrading of 400 roads across the county, a Department of Public Information (DPI) release stated yesterday.
The agreements were inked between the government and the contractors at the offices of the Regional Democratic Council (RDC) in New Amster-dam, Berbice. Officials present at the signing ceremony included, Vice-President Bharrat Jagdeo; Senior Minister in the Office of the President with responsibility for Finance and Public Service, Dr Ashni Singh; Minister of Agriculture, Zulfikar Mustapha; Minister within the Ministry of Public Works, Deodat Indar, and Regional Chairman, David Armogan.
Delivering remarks at the ceremony yesterday, Vice President, Bharrat Jagdeo said that an additional $7 billion in contracts will be tendered for larger contractors with the capacity to handle more extensive projects.