[www.inewsguyana.com] – British High Commissioner to Guyana, Greg Quinn has invited the Guyana Government to submit proposals to access a £300 million fund as recently announced by the British Prime Minister.
Delivered in collaboration with the Caribbean Development Bank, the infrastructure fund will use money from the UK’s existing aid budget to provide grants over the next few years for a range of projects.
It is hoped that the projects will help boost growth and trade across the region; creating jobs and opening up new market opportunities for British businesses.
The Infrastructure Fund will be available to eight Commonwealth countries in the region eligible for official development assistance, including Jamaica, Guyana, Belize, Dominica, Grenada, St Lucia, Antigua and Barbuda and St Vincent & the Grenadines as well as Montserrat as an ODA-eligible Overseas Territory.
The Smart Hospitals Programme will build on a successful £8.4 million pilot programme with new funding of £30 million. Funding will be available to seven ODA-eligible Commonwealth countries in the region: Jamaica, Guyana, Belize, Dominica, Grenada, St Lucia and St Vincent & the Grenadines.
High Commissioner Quinn, at a press conference on Friday, stated that the Guyana Government would have to prioritize what projects they think need the grant funding and submit proposals.
He hinted at areas such as airstrip development and the construction of a new bridge across the Demerara River.
Another area of key interest was the development of Guyana’s security sector.
Asked whether UK private sector would be given preference with such proposals, Quinn responded in the negative noting that the grant funding does not have any such strings attached.