St Rose’s building to be demolished at cost of $16.9m

Demolition of the St Rose’s High School is expected to begin during the Easter holidays with displaced students being housed in other buildings within the school’s compound until such time as a new building is constructed.

This is according to Minister of State Joseph Harmon who announced the award of a $16,930,000 contract to PD Contracting for the demolition.  When the bids were opened on December 5th last year, the engineer’s estimate for the project was $30m and the bids ranged from $11.8m to $34m.

Harmon noted at Thursday’s post-cabinet press briefing that this was one of three contracts granted a no objection at the last Cabinet meeting.

The other contracts awarded were a $16.2 million contract to A&N Enterprises for rehabilitation of the Ruimveldt Police Station and $25.1 million to Digital Technology for the supply of multimedia equipment for the National Centre for Education Resource Development (NCERD).


Dozens lose homes in Plaisance mystery fire

Mashramani celebrations ground to halt for several families yesterday afternoon, when approximately 30 persons lost their homes after a fire of unknown origin ripped through three Victoria Road, Plaisance properties, including an apartment building.

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US$3M settlement for outstanding GTT shares payment not finalised

Minister of State Joseph Harmon says that the US$3 million settlement offer made by Hong Kong Golden Telecom Limited (HKGT) on the outstanding balance for its purchase of government shares in the Guyana Telephone and Telegraph Company (GTT) is being actively considered, but the government’s goal is to recover the entire US$5 million that is owed.

Jagdeo questions planned borrowing for sugar estates, revised targets

Opposition Leader Bharrat Jagdeo on Thursday criticised government and Minister of Finance Winston Jordan on the heels of the announced plan to borrow cash from local banks to reopen two sugar estates and to fund critical current and capital Guyana Sugar Corporation (GuySuCo) programmes.

Private sector welcomes new wave of oil job opportunities as boon for local content

The private sector is upbeat about the nearly three dozen-odd opportunities recently advertised in the oil and gas sector as it goes some way towards meeting local content needs, according to Private Sector Commission (PSC) Chairman Eddie Boyer.

Guyanese ‘extra and proud’ at ‘Black Panther’ opening

‘Black Panther,’ the new Marvel Studios cinematic juggernaut opened in Guyanese theatres to overwhelming support on Thursday evening, which saw a large number of patrons turning out in African cultural display to mark the occasion.

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