Guyana signs multi-billion-dollar contract for construction of new GBNS lab
Key Points(4)
- The Guyana government has signed a multi-billion-dollar (One Guyana dollar=US$0.04 cents) contract with a local firm <a href="https://nabi.gy/">NABI Construction Inc</a>., for the construction of the new laboratory facility for the Guyana National Bureau of Standards (GNBS).
- Permanent Secretary of the Ministry of Tourism, Industry, and Commerce, Sharon Roopchand-Edwards, and NABI chairman, Shir Affron Nabi, signed the contract agreement.
- “The recent oil and gas discoveries have produced several changes in the structure of Guyana’s economy.
- “Improving the GNBS’ infrastructural facilities allows the agency its full capacity to function and support economic diversification, innovation, and access to markets by Guyanese businesses.
The Guyana government has signed a multi-billion-dollar (One Guyana dollar=US$0.04 cents) contract with a local firm NABI Construction Inc., for the construction of the new laboratory facility for the Guyana National Bureau of Standards (GNBS).
“The government of Guyana, with support from the Inter-American Development Bank (IDB) has ensured that this project which is expected to be completed within the next 18 months, will allow the GNBS to deliver on its mandate in a sustainable way while contributing towards Guyana’s economic competitiveness,” the Ministry of Tourism, Industry, and Commerce, said in a statement.
Permanent Secretary of the Ministry of Tourism, Industry, and Commerce, Sharon Roopchand-Edwards, and NABI chairman, Shir Affron Nabi, signed the contract agreement.
“The recent oil and gas discoveries have produced several changes in the structure of Guyana’s economy. Consequently, the role of the GNBS has become more critical to both the private and public sectors, as the demand for its services has increased substantially, especially in the areas of business development, metrology, and training in standards for Guyanese firms.”
In announcing the GUY$2.5 billion contract, the statement said the government has acknowledged that the current laboratory infrastructure at the GNBS requires upgrading for the provision of these much-needed services to support economic competitiveness.
“Improving the GNBS’ infrastructural facilities allows the agency its full capacity to function and support economic diversification, innovation, and access to markets by Guyanese businesses. “Construction of this new state-of-the-art facility will equip the GNBS with international standard laboratory facilities to assure reliability; adequate space to perform tests for consumer protection and certifying production standards; increased calibration capacity for temperature, moisture, pressure, force, volume and electricity; adequate equipment and the ability to maintain its ISO accreditation,” the statement added.
CMC/
