Government’s fibre-optic cable deal with Dax Engineering should not have happened, former PPP stalwart Ralph Ramkarran said yesterday even as he warned that the action would result in a damaging competitive environment.
“This will clearly result in a destructive competitive environment with respect to a product which will be in oversupply as a result of this deliberate government action. It will result in an undermining of market forces and loss of confidence by the business community in the government’s bona fides with respect to creating fair conditions for creative competition to flourish,” Ramkarran wrote in his Sunday Stabroek column yesterday entitled `Axe the Dax’.
Amid growing concerns, Stabroek News reported last week that the botched Brazil to Georgetown fibre-optic cable that government boasted will be an integral part of its E-governance services will now effectively be handed over to a private contractor, Dax Engineering. Government recently revealed that
