The Ministry of Public Infrastructure (MPI) yesterday said that a US$800,000 feasibility study for the Wismar Bridge was once slated for funding under an Inter-American Development Bank (IDB) loan, which is now being used for other projects.
It has also refuted reports that the feasibility study would be funded under the United Kingdom Caribbean Infrastructure Fund (UKCIF), though it said that avenue was initially looked at.
The ministry is expected to address the current status of the feasibility study and future plans for the bridge today.
“There was a discussion to see if it could fall under UKCIF but that could not be… it then came under LO 2741, with the Sheriff Street project, but there was a (reformulation) of the loan. There were some changes and it had to cancel,” MPI’s Chief Works Officer Geoffrey Vaughn told Stabroek News yesterday.
