CHEC lands US$138m airport project
Published:Sunday | November 20, 2011 | 12:00 AM
China Harbour Engineering Company (CHEC) says it has been hired by the Guyanese government to expand the Cheddi Jagan International Airport, named for a former president.
Guyana, a South American country with Caribbean affinity, signed the contract agreement with CHEC on November 11.
The Chinese construction company, which has a regional office in Jamaica, said the project would be funded by the China ExIm Bank at US$138 million.
"The agreement signed will see the construction of a modern terminal building and the expansion of the runway at the airport located in Timehri, 41 kilometres south of Guyana's capital Georgetown," said a CHEC statement announcing the contract.
Guyana is the seventh Latin American country in which CHEC is pursuing projects, the Chinese construction company said.
"China Harbour is eager to get started on this project in Guyana. We are capable and prepared to help in the development of the country," said CHEC Regional Director Zhongdong Tang in the release.
The company last announced an agreement with Cayman Islands to develop a major cruise-ship pier for the British territory. CHEC said it also recently secured the job to develop phase one of Mexico's Manzanillo Container Terminal, two container berth coastlines and a 28.5 hectare container yard; while in The Bahamas, CHEC will construct the Abaco Port and build a bridge to link Little Abaco and the North Abaco Islands.