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Reply to "Buy out Berbice River Bridge for public good – overseas economist to Govt - Says Our Bai TK."

Baseman posted:

I don’t know what’s the eureka moment here.  I said this years ago that the entire concept is flawed.  The arithmetic would never work as a stand-alone entity.  

The issue, the WB said no but BJ  applied his communist economics and the rest is history.  This was a bad decision as much as Skeldon, given the economics.  

The PNC will run them into the ground, bankrupt, take over, bail out NIS and everyone else will get screwed.  I see this ending real bad!!

Everyone here with the exception of a few insisted the BOOT scheme was unworkable with the expected traffic volume at their initial cost of 45 million. Then the projected rates were around 1 US per car and 3 for two axle trucks. The cost inflated to 65 million!

FM
Last edited by Former Member
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