The Ministry of Finance’s 2015 Mid -Year report which points out the performance of key sectors, has indicated that more than $70M was spent for the first half of the year under the air and river transport sector.
Government’s investment saw $47M being spent on capital works to maintain the Matthews Ridge, Port Kaituma, Kamarang and Imbaimadai airstrips, whilst $27.5M was spent to expand the Cheddi Jagan International Airport’s (CJIA) runway.
Investigations have shown that the unfavourable soil conditions in the area earmarked for the extension of the runway has caused several delays to the execution of the CJIA Extension Project.
As the administration continues its stride to ensure the country’s air and river transport sector is transformed on par with the level of transformation envisaged for the country, the latter half of 2015 will see the improvement of service delivery through the country’s waterways along with the rehabilitation of MV Sandaka, Barima and Kimbia, along with the dredging of the Demerara and Essequibo Rivers.
Guyana will also benefit from a modern airport at an economical cost since the administration successfully renegotiated the CJIA contract to include upgrades and modifications to the existing terminal building and a realigned runway.
