Chinese company in Timehri airport project says World Bank blacklisting inherited by parent company

The China Harbour Engineering Company Limited (CHEC), the company designated to expand the Timehri airport, yesterday said that its parent company inherited a 2009 World Bank  blacklisting when it took over a company in 2005 that had been sanctioned for a 2002 project in the Philippines.

“CHEC is not involved in and has never been involved in any activity that has attracted any sanctions by the World Bank. CHEC itself has never been under any investigation by the World Bank” the company yesterday