Contract signed for US$12.7M ferry

By Sharda Bacchus On In Guyana News |
General Manager of the Transport and Har-bours Department, Marclene Merchant (right) signs the contract for the project yesterday in the presence of Permanent Secretary of the Ministry of Public Works, Vladim Persaud. (Orlando Charles photo)
General Manager of the Transport and Har-bours Department, Marclene Merchant (right) signs the contract for the project yesterday in the presence of Permanent Secretary of the Ministry of Public Works, Vladim Persaud. (Orlando Charles photo)

The Transport and Harbours Department (T&HD) yesterday signed a US$12.7M contract with an Indian company to commence the construction of an ocean-going passenger and cargo ferry for the North West District and other parts of the country.

The signing marks the end of a years-long delay in the major project which is funded by the Indian Government.

The contract was awarded to India’s shipbuilding company, Garden Reach Shipbuilders & Engineers Ltd (GRESL) at a sum of USD$12, 733,403.