Airport contract could end up costing over US$250M -Ram

Christopher Ram

The China-funded airport expansion project could end up costing over US$250M as opposed to the contract sum of US$138 million according to Chartered Accountant Christopher Ram, who says that a long list of obligations on Guyana frees the contractor of any responsibility for poor work and delays.

“If this contract was grossed up for all the costs and tax remissions to be borne by Guyana it will probably exceed US$250 million,”