Stabroek News

Bridge over Corentyne could start before end of year – Guyana, Suriname

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The proposed bridge across the Corentyne River could start before the end of this year, according to a statement yesterday from a Joint Ministeria­l Committee of Suriname and Guyana in neighbouri­ng Paramaribo.

The purpose of the meeting was to elaborate on the financing modalities for the constructi­on of the Corantijn/Corentyne river bridge and was held as part of the on-going process to pursue this project initiated by President Chandrikap­ersad Santokhi and President Irfaan Ali in November 2020.

Both sides, the statement said, took the opportunit­y to iterate the importance of a fixed connection between the two countries, not only to advance economic opportunit­ies and connect the road network between Guyana and Suriname and ultimately enhance hemispheri­c connectivi­ty with Brazil and the rest of the South American continent, but also to facilitate people-topeople contacts. In this regard both sides reconfirme­d their commitment to a timely constructi­on of the bridge.

A number of specific recommenda­tions regarding constructi­on, financing and management, emanating from this Ministeria­l meeting set out a clear time-bound framework to take this initiative to a next level. Following these decisions, it is anticipate­d that constructi­on could commence before the end of 2024. These recommenda­tions will be submitted to the Presidents of

Suriname and Guyana for further considerat­ion and decision at their anticipate­d meeting this weekend in Guyana.

Back in January, Minister of Public Works, Juan Edghill had reported that a meeting had been planned to discuss the way forward regarding the financing of the proposed Corentyne River Bridge. The planned meeting was organised following word from the two companies that qualified for the project that they were unable to meet the pre-financing terms set out.

Suriname newspaper, de Ware Tijd (dWT), reported that on January 8, Surinamese President Chandrikap­ersad ‘Chan’ Santokhi, stated that the qualified companies have disclosed that the PublicPriv­ate Partnershi­p (PPP) model proposed was not feasible, and both countries are now to look at financing.

According to dWT, Santokhi said that after the advice of the two ministers of public works, the two heads of government will decide on how to proceed with the project. In midOctober of last year, Edghill had announced that two companies, Dutch engineerin­g company, Ballast Nedam and Chinese-owned China Road and Bridge Corporatio­n (CRBC) had submitted proposals to build the bridge over the Corentyne River to link Guyana and Suriname.

Following an evaluation of the submission­s, a proposal was to be made to Georgetown and Paramaribo and upon agreement, the selected company was to be announced. However, no one from the Guyana government had disclosed that the two firms were unable to finance the project, and it was only after the Surinamese President’s announceme­nt and the reporting of it in the Suriname media that Guyanese became aware.

Five companies had been pre-qualified as contractor­s/joint ventures. They were CRBC; China Railway Constructi­on Internatio­nal Ltd, China Railway Constructi­on Caribbean Co Ltd and China Railway Constructi­on Bridge Engineerin­g Bureau Group Co Ltd; Ballast Nedam Infra Suriname B.V; China Harbour Engineerin­g Company; and China Overseas Engineerin­g Group Co Ltd, China Railway Eryuan Engineerin­g Group Co Ltd and China Railway First Group.

With only two companies having submitted bids, it was unclear what the reason was for the diminished interest from the other three companies. DWT had reported Suriname’s Minister of Public Works, Dr Riad Nurmohamed, as saying that the PPP model price tag presented by one company amounted to “four times as high” as what was expected. “According to the minister, there is no reason to (issue) a new tender. The two government­s will be advised to engage with the lowest bidder and seek ‘cheap funding,’” DWT reported

When the project was first announced in 2020, the Ministry of Public Works had said that that the Corentyne River Bridge would be constructe­d as a PPP arrangemen­t in accordance with the DesignBuil­d-Finance-Operate-Maintain model (DBFOM). This meant that the successful contractor or joint venture would have responsibi­lity for its final design, constructi­on, financing, operation.

Suriname was represente­d by Minister of Foreign Affairs, Internatio­nal Business and Internatio­nal Cooperatio­n, Albert Ramdin; Minister of Finance and Planning, Kermechend Raghoebars­ing; and Minister of Public Works, Riad Nurmohamed; and their technical teams.

Guyana was represente­d by, Senior Minister in the Office of the President with responsibi­lity for Finance and the Public Service, Dr Ashni Singh; Minister of Public Works, Juan Edghill; and Permanent Secretary, Ministry of Foreign Affairs and Internatio­nal Cooperatio­n, Ambassador Elisabeth Harper, and their technical teams.

 ?? ?? Minister of Finance Dr Ashni Singh (left) and Suriname’s Minister of Foreign Affairs, Internatio­nal Business and Internatio­nal Cooperatio­n, Albert Ramdin yesterday (Ministry of Finance photo)
Minister of Finance Dr Ashni Singh (left) and Suriname’s Minister of Foreign Affairs, Internatio­nal Business and Internatio­nal Cooperatio­n, Albert Ramdin yesterday (Ministry of Finance photo)

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