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Reply to "Government should buy Berbice river bridge - Jagdeo."

Originally Posted by caribny:
Originally Posted by Billy Ram Balgobin:

Why do we want more gov't. involvement in business?

A bridge isn't a business.  It is public infrastructure.  How much money did the private sector actually invest in this bridge?

The bridge was a con job. I said so when it was in the planning state. Others said the same. Ram was commenting on this sick arrangement for as long as they were building this thing.

 

As you say this is not business. If it were the would have built it at the turn of the river leveraging the money like the did for the Marriott or the stadium but it is what it is....straight up a leech job. They can get the money when they want to but not to capitalize critical industry. They simply used the funds to capitalize their friends.

 

I have not heard any say the stadium has  hooks. I am sure it does if one looks closely. It has to have a leech option. The PPP never did anything except they get a cut.  Maybe it was their practice case but whatever it was it should be examined so we know.

 

 

FM
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