Guyana said on Monday it had received bids from several companies seeking to conduct the feasibility study and preliminary design for the construction of the Corentyne River Bridge linking the country to Suriname.
He said bids were opened last week at the National Procurement and Tenders Administration Board, and the bridge will be built using a design-build financing model under a private partnership agreement, with incentives granted by both governments to the preferred bidder.
The bridge is expected to be 1.17 kilometers from Guyana to Long Island Abutment, 2.15 kilometers of road across Long Island and a 2.5 kilometer bridge from Long Island to South Drain in Suriname.
The two countries had signed a memorandum of understanding for the construction of the bridge, and President Dr Irfaan Ali then declared that the bridge would not only connect Guyana and Suriname, but the rest of South America.
“We recognize the enormous benefits this can bring in the areas of tourism, transport and trade. To this end, we have expanded our discussions on where we can jointly promote business opportunities and tourism opportunities for both countries.
“It is therefore expected that the proposed road alignment will create in its vicinity the possibilities of a free trade zone, improve land values, reduce the cost of doing business and increase the ease of doing business. “
Suriname President Chandrikapersad Santokhi said the bridge would mark a new era for the two Caribbean Community countries in several areas.
“This bridge over the Corentyne River is not only important for facilitating the movement of people and goods, trade and cross-border cooperation, it also symbolizes a transition from the old to a new era; the era of the well-being and prosperity of our people, and of freedom, democracy and the rule of law,” he added.