Gov’t faces $2.8B arbitral award to NH International from 2007

On the heels of an agreement to pay Surinamese company Rudisa US$6.22 million, the Guyana Government will soon be faced with a bill from Trinidad construction company NH International Ltd for the sum of $2.8 billion in a case dating back to 2007 and recently ruled on by the Caribbean Court of Justice (CCJ).

Following a dispute between NH International and the Guyana Government, an adjudicator was appointed and awarded the sum of US$11.7 million plus $411.3 million in favour of the Trinidadian company. The company then applied to a judge in Chambers for the enforcement of the adjudication award. Such leave was granted by Justice Singh on February 19, 2007 but it took another eight years before the matter was finally settled and the CCJ criticised the long delay in its ruling.

In its ruling issued in April this year, the CCJ noted that the respondent company, NH International Limited had entered into a contract with the Government of Guyana for the construction of a roadway. The agreement provided for the settlement of disputes arising out of the