Price tag for Diamond to Ogle bypass road now US$120m – Jordan

-new Demerara crossing will be four-lane, high-level, non-retractable bridge

Minister of Finance Winston Jordan (left) and the Exim Bank Representative T.D. Sivakura exchanging documents after the signing for the Ogle to Diamond bypass road in March 2016.

Next year, one of the government’s priorities will be the Ogle to Diamond bypass road but its price tag has shot up from US$50m a few years ago to US$120m, according to Finance Minister Winston Jordan during his 2019 budget presentation on Monday.

This road will create an alternative route from the recently-upgraded Cheddi Jagan International Airport , Timehri to the Eugene F Correia International Airport., Ogle

“This by-pass, which was estimated at US$50 million a few years ago, for which funding was secured, is now projected to cost US$120 million. We will be approaching our bilateral partner to secure the additional funding to make this road a reality,” he said. India is the bilateral partner.

During the feasibility study period, which established the road alignment, Jordan said, “our engineering teams encountered a swampy area between Ogle and Diamond.”….

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