A deadline has been set for the end of the 1st quarter by Hong Kong Golden Telecom Limited (HKGT) and National Industrial and Commercial Investments Limited (NICIL) to conclude discussions on the outstanding US$5M for the purchase of government shares in the Guyana Telephone and Telegraph Company (GTT).
This is according to NICIL head Horace James who told Stabroek News on Monday that the two sides are continuing negotiations; the last round of which was held last month.
“We are in discussion …nothing was paid as yet. We (the two sides) have set a March (deadline). By the end of the first quarter we hope to conclude discussions. That is our target”, he said when asked for an update.
In March, 2016, Minister of State Joseph Harmon and a delegation controversially travelled to China
