By Jomo Paul
[www.inewsguyana.com] – The Berbice Bridge Company Incorporated (BBCI) and the Government of Guyana are now sitting at the table for talks over the lowering of the Berbice Bridge tolls.
This is after weeks of stalemate between the two sides after the Company refused a $120M annual subvention, citing insolvency among other issues.
“Both sides are now at the table of talking which is where we should have been many months ago,” said Governance Minister, Raphael Trotman at a post Cabinet Media briefing on Thursday, November 05.
Trotman said that the government remains very optimistic that it would be able to arrive at a deal with BBCI, which would be mutually beneficial to both parties.
“We are very optimistic that we can come to a mutually agreeable position. I can’t say we are at the stage where we are about to complete an agreement within the next 48 hours….the expectation is that within the next few weeks we should have it sorted out,” he stated.
BBCI recently announced that they submitted a proposal to the Government as it relates to accepting the $40M subvention for the proposed reduction in tolls for crossing the Berbice River Bridge.
Lowering the tolls for the bridge would see the fulfillment of an incremental campaign promise made by the 6-Party coalition government.