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Reply to "New Demerara River bridge to cost $US 170M, with tolls increasing to 250%"

Demerara_Guy posted:
Prince posted:

New Demerara River bridge to cost $US 170M, with tolls increasing to 250%

 
700% increase for river vessels- report 

By Jarryl Bryan

According to the report, an alternative structure is to seek private parties willing to engage themselves in a Build, Operate, Own and Transfer (BOOT) Project. The consultants noted that these financiers could handle this aspect of the project more effectively than the State.

“However, project costs are higher and the BOOT business case must result in sufficient risk coverage and profit for the private partner and as a result, may require higher toll rates or more Government contribution.”


Build, Own, Operate and Transfer (BOOT) would be the better option for these major projects in Guyana. Proponents of the BOOT transaction will indeed ensure that they receive adequate returns for their investments plus

Boot is pimping....we should build it ourselves. We can. We have oil. It would be the people's asset paying for the peoples utility and toll should be assessed per maintenance need. Any other construct is allocation of resources.

FM
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