AGP Executive Report
Last update: an hour agoIDB-Lab Financing: Finance Minister Dr. Ashni Singh oversaw the signing of the first IDB Lab loan agreement for a Guyanese private firm, Pas Cargo Guyana Inc., marking a fresh push for local business investment. Oil-Deal Debate: Opposition leader Aubrey Norton renewed calls for tougher fiscal terms, mandatory ring-fencing and updated contract models for future offshore projects, arguing Guyana’s share should be protected as earlier developments are derisked. China-US Tension Over Projects: The Chinese Embassy rejected U.S. State Department criticism of Chinese construction in Guyana, calling it politically motivated, while pointing to major local infrastructure work. Energy Sector Watch: ExxonMobil told investors it has recovered its $55B investment and says Guyana’s oil profits will be used to fund further developments, even as debate continues over fairness and transparency. Infrastructure & Transport: The new US$35M Wismar–Mackenzie Bridge is set to open by October 5, promising smoother four-lane connectivity for Linden and hinterland travel. Local Governance: Government ordered Linden Town Council to stop collecting tolls from commercial vehicles entering town, saying the charges were unauthorized and unlawful. Safety in Construction: A Cuban construction worker died after a scaffold rolled into high-voltage GPL lines in Houston, Plantation; two others were injured. Agriculture Preparedness: Agriculture Minister Zulfikar Mustapha urged farmers to prepare for El Niño conditions, warning dry weather could extend into early 2027. Mining & Roads: Tenders are out for 14 new bridges across Mahaica, Mahaicony and Abary, while residents in Kuru Kuru heard President Ali’s plans for shade houses, honey and livestock alongside water and land-use solutions.
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