Gov’t in talks to buy DDL shares in Berbice Bridge

The government is currently negotiating a price for the 40 million shares held by a Demerara Distillers Limited (DDL) subsidiary in the Berbice Bridge Company Inc (BBCI).

The shares held by Demerara Contactors and Engineering Limited (DCEL), a wholly owned subsidiary of DDL, represents about 10 percent of the BBCI. The APNU+ AFC government has been trying to get the BBCI to lower the bridge toll as the coalition had promised during their elections campaign that this would be done. However,