Questions over Chinese company named for Guyana airport project
The credibility of that Chinese company that the Guyana government has entered into an agreement with for the expansion of the Cheddi Jagan airport is now coming under more scrutiny after it was revealed that the world bank in 2011 debarred the China Communications construction company and all of its subsidiaries for fraudulent practices under a phillipines road project. That ban by the world bank runs until 2017 and covers road and bridge projects.
Former President Jagdeo just before leaving office had signed an agreement with the China Harbour Engineering company, which is a subsidiary of that company debarred by the world bank. Although the world bank may not be funding the Guyana airport expansion project, there is worry now about the company the agreement has been signed with and whether the world bank’s ban could come back to haunt the project especially since Guyana depends on the world bank for a number of public works and other projects.
The Guyana government had said that a Chinese investment firm was going to fund the airport expansion project under a concessional financing agreement.
The government when the Guyana deal first came to light via the Jamaican media, had boasted that the company had several successful projects to its name but no mention was made of the world bank ban although that ban was in place before the inking of that Guyana deal.
That now raises even more questions about the background work that may have been done before the jagdeo administration penned the agreement.
The agreement featured prominently in the budget speech with the opposition parties calling for more disclosure since the deal caught the nation by surprise and only came to light following reports outside of Guyana.
The Jamaican government is also questioning a deal with the same Chinese company and is revisiting an agreement of its own.