By Delicia Janneire | January 6, 2025
At the end of 2024, the Ministry of Public Works successfully utilized its full budget allocation of 245 billion dollars.
This achievement was highlighted during the Ministry’s End of Year press conference, where it was revealed that the ministry completed 4,500 projects throughout the year.
Vladim Persaud, the Permanent Secretary of the Ministry of Public Works, reported a 100% implementation rate for all projects.
The total expenditure for the year amounted to 234.6 billion dollars, with 12.5 billion dedicated to current expenditure and 222.1 billion to capital projects.
Of the capital expenditure, 175.6 billion dollars were allocated for local projects, and 46.4 billion dollars went towards foreign-funded initiatives.
Public Works Minister Juan Edghill emphasized that the successful utilization of the budget allowed the government to exceed its commitments made in the 2020 manifesto.
Among the additional projects undertaken was the construction of a new four-lane bridge between Wismar and McKenzie, and the planned construction of a new high-span bridge for Berbice, both of which were not originally promised.
In 2024, 3,565 small contractors were engaged to carry out the 4,500 projects, and 800 additional contractors were brought in to handle emergency drainage works.
The Ministry also rehabilitated approximately 130 kilometers of roads under its urban and miscellaneous roads program.
Edghill praised the cooperation of citizens, contractors, and utility companies for their support in ensuring the successful completion of these projects.