Cabinet has granted a no-objection to a US$37.6 million contract with multinational Chinese firm Huawei for a project that could see Guyana’s technological landscape transformed, with government providing more services via the internet.
Minister of Public Communications Cathy Hughes told Sunday Stabroek that while the national broadband project has received approval from the Ministry of Finance and Cabinet, the monies have not yet been secured. At present, the sum represents a loan application on the part of government to China EximBank.
“We designed the project and submitted it to the Ministry of Finance who agreed that it fits our loan profile. We are hopeful that it is approved so that work can begin next year,” Hughes said.
