US$138 million contract with no public tender?
Incredible ....

Yet again, dam!

quote:

Originally posted by Rahmah bin Jabr:
US$138 million contract with no public tender?
Incredible ....

Why. You all prevented Jagdeo from running again. "Evil" white imperialists refuse to give him a big job with high pay. The man has to make alternative arrangements.

Breaking News!!! Another Chinese Coy gets multi-billion-dollar Guyana contract
November 18, 2011 | By KNews | Filed Under News

A secret deal for which a Chinese bank is putting US$138 million (G$27.6 billion) has been signed with a Chinese company to expand the country’s lone international airport, but the deal was not made public by the Guyana government.

The Jamaica Observer newspaper reported yesterday that China Harbour Engineering Company (CHEC) signed the deal last Friday to expand the Cheddi Jagan International Airport.

The Guyana government has said nothing of the deal.

The Jamaican newspaper quoted CHEC as saying that the China Exim Bank will fund the construction of a modern terminal building and the extension of the runway by 1,066 metres to reach a total of 3,336 metres at the airport located in Timehri.

The company was also quoted as saying that China Exim is providing US$138 million ($11.9 billion) in financing.

CHEC is involved in infrastructure projects in Jamaica.

Oh rass another airport

(SeattlePI): A Bangladesh court Thursday sentenced the fugitive son of former Prime Minister Khaleda Zia to six years in jail for laundering money taken as bribes from two global companies. Judge Mohammad Mozammel Hossain said in his verdict Arafat Rahman was guilty of smuggling more than 200 million takas ($2.66 million) to Singapore. The judge also fined Rahman 190 million takas ($2.53 million) and asked authorities to get the smuggled money returned. Rahman, the younger son of Zia, was accused of taking bribes from China Harbor Engineering Company Ltd . and the Bangladesh subsidiary of Germany's industrial giant Siemens AG for helping them win government contracts during his mother's 2001-2006 premiership.