The Caribbean Development Bank (CDB) has approved US$4.4m to help Guyana enhance its transportation sector, and support the development of interior communities.
The funds will be used to finance feasibility studies and designs for the upgrade of the Lethem aerodrome, the construction of a new bridge at Wismar and a new riverain transport terminal at Parika.
“An effective transportation sector is essential for sustainable growth and development as it connects people to the supply and distribution of goods. The proposed enhancements to the transportation sector in Guyana will cover road, air and river transport, providing opportunities for business development and enhanced employment,” said O’Reilly Lewis, Chief of CDB’s Economic Infrastructure Division.
The Mackenzie-Wismar Bridge was constructed 51 years ago and includes just one lane. On average, approximately 3,000 vehicles cross the bridge daily which results in traffic congestion. It is a major connection point between Georgetown and Demerara as well as to several interior locations and Brazil.
Upgrading the Lethem aerodrome is expected to capitalize on current and future demands for travel between Northern Brazil, the Caribbean, Latin/South America and North America. It is also expected to facilitate the development and expansion of businesses and other economic activities in the Region Nine area.
The Parika riverain transport terminal is the main hub for riverain transportation services between Parika and the neighbouring communities separated by the Essequibo River. It has deteriorated over time and is becoming a threat to public safety.
The project to be implemented through the Ministry of Public Infrastructure in Guyana will complement other CDB interventions, including ongoing works to improve sections of the road link from Linden to Lethem.
The project is consistent with CDB’s strategic objective of supporting inclusive and sustainable growth and development within its Borrowing Member Countries.