Best option for Berbice bridge is gov’t takeover -Ram

-cites likely liquidity problems, condemns waiving of dividends to the state

Given likely liquidity problems, the best option for the Berbice Bridge Company Inc (BBCI) is a government takeover, says business analyst Christopher Ram, who also flayed the waiving of over $500M in dividends due to the state.

Writing yesterday on his blog, Ram argued that since its opening in December 2008, the bridge has “spectacularly failed to deliver the promises” made by former President Bharrat Jagdeo  and head of government holding company, NICIL, Winston Brassington    about reasonable tolls,  …..To continue reading, login or subscribe now.

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