Gov’t not considering buyout of Berbice Bridge company -Patterson

Minister of Public Infrastructure David Patterson has stated that a government buyout of the Berbice Bridge Company Inc (BBCI) is not economically feasible and the government’s proposed annual subsidy is the best option to reduce tolls for travellers.

At a press conference at the ministry’s boardroom yesterday, Patterson was asked if the government was contemplating a buyout of the bridge since the annual subsidies would add up to a large tax-based bailout.

“We have a restrictive