Government has delayed finalizing the funding for the Amaila Falls Hydroelectric Project (AFHEP) so as to minimize the interest on loans, President Bharrat Jagdeo says.
“We are looking at the second half of next year,” he told a news conference on Wednesday, when asked how soon the government would finalize financing for the project. Previously, Jagdeo said that the government would be looking to finalize financing for the project by the end of this year. To date, the China Development Bank, Sithe Global and the Government of Guyana are the likely partners in the project, he said.
While the Inter-American Development Bank (IDB) had been mentioned previously as a potential partner for the project, it is still not clear
