We can be optimistic about the returns from signing the Silk Belt Road Initiative with China
Dear Editor, I compliment the Chinese on their longstanding support of Guyana and I believe the Government’s signing of a Memorandum of Understanding (MoU) with China within the Silk Road Economic Belt and the 21st Century Maritime Silk Road Initiative is the dawn of a progressive new era of relations between the two nations.
It is clear to me that Guyana needs to develop its infrastructure, especially roads and bridges that link the mineral-rich areas with the city, and we simply do not have the funds, expertise and experience to do this alone. It is good that Guyana can turn to a powerful friend like China to get help with key national development projects.
What I like about China is that their support for Guyana has been consistent throughout the years and has spanned many government administrations. Space does not permit me to cover all their positive interventions, but off the top of my head I can recall the valuable contributions of Chinese medical brigades to our health sector and several donations of much-needed equipment to hospitals.
I remember in 2013 China gave Guyana US$8.16M in grant aid. That is a lot of money and it has grown since then. I also recall with respect and gratitude how they helped us to acquire marine vessels for plying the Essequibo River between Parika and Supenaam. They also assisted with the construction of the Guyana International Conference Centre and funded multiple scholarships and training and capacity building in a wide variety of areas. Furthermore, they provided millions of dollars in equipment and vehicles for the Guyana Police Force.
That is why I extend blessings and praises to the Chinese for making Guyana a partner in the billion-dollar Silk Road Initiative. I am pleased that the first funds are earmarked to upgrade the road from Linden to Lethem, which is often in a deplorable condition with maintenance costs running into tens of millions of dollars annually.
It makes good sense to me that, instead of constantly spending this kind of money in a losing battle to keep the road in good order, Guyana may be able to get funding to fix and strengthen the road by