Guyana, India sign US$50M line of credit for East Coast-East Bank by-pass road

By Stabroek News On In Photos |
Minister of Finance Winston Jordan (second from left) and Resident Representative, Export/Import (EXIM) Bank of India, T.D Sivakumar with a signed copy of the credit agreement (GINA photo)
Minister of Finance Winston Jordan (second from left) and Resident Representative, Export/Import (EXIM) Bank of India, T.D Sivakumar with a signed copy of the credit agreement (GINA photo)

A new credit agreement valued at US$50 million was signed today by representatives of Guyana and the India EXIM Bank, GINA said. It is for the extension of a new Line of Credit to the Ministry of Public Infrastructure and will enable the construction of the road link between Ogle on the East Coast of Demerara and Diamond on the East Bank of Demerara.

Minister of Finance Winston Jordan (second from left) and Resident Representative, Export/Import (EXIM) Bank of India, T.D Sivakumar with a signed copy of the credit agreement (GINA photo)
Minister of Finance Winston Jordan (second from left) and Resident Representative, Export/Import (EXIM) Bank of India, T.D Sivakumar with a signed copy of the credit agreement (GINA photo)