Stabroek News

We can be optimistic about the returns from signing the Silk Belt Road Initiative with China

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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

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