Before we begin our final in a four-part series on the above subject, I refer to the comments of the Chairman of the Public Accounts Committee (PAC) on our two recent articles on the Fibre Optic Cable Project. This project commenced in 2009 and would have incurred expenditure totalling G$13.707 billion as at 31 December 2014, financed mainly from a loan from the China Export/Import Bank to be repaid over a 15-year period, commencing 2017. However, the project has since been suspended because of problems relating to the laying of the fire optic cables along the Georgetown/Lethem road. In the view of several ICT experts, it will take a herculean effort with further significant capital outlay if the project is to be salvaged. The economic feasibility to do so will first have to be evaluated.
While these two articles did not in any way seek to cast blame on the PAC for any failure as regards
