Guyana

THE PEOPLE

0

ESTIMATED POPULATION 2017
AREA

0

SQ MILES
WE FUNDED

0

PROJECTS
LOANS/GRANTS

$0USD

SINCE 2011
LOAN

$0USD

INFRASTRUCTURE
GRANT

$0USD

INFRASTRUCTURE

DATE JOINED CARICOM

1 August 1973

ALSO KNOW AS

Land of Many Waters (Root: Guiana (Carib)

LOCATION

On the northern coast of the South American continent bounded by the Atlantic Ocean on the north, Brazil to the southwest, Suriname to the east and Venezuela to the northwest.

STATUS

Cooperative Republic. 
Independence – 26 May 1966;

Republic – 23 February 1970

Guyana Country Flag

HISTORY

Guyana was originally inhabited by Amerindians. It was settled by the Dutch in the 16th century and changed hands between the Dutch, British and French from the late 16th to early 19th century, and was finally ceded to Britain in 1814. Independence was achieved in 1966 and the Cooperative Republic of Guyana established in 1970.

MOTTO

One People, One Nation, One Destiny

CAPITAL

Georgetown

CURRENCY

Guyana Dollar

AIRPORT

Cheddi Jagan International

Country Programme Status

The first CAP of US$9.77 million (EC$26.38 million) for the Co-operative Republic of Guyana, for upgrading selected farm to market access roads to increase investment in the agriculture sector, was successfully completed in 2016. During 2017, the CDF approved a second CAP for the Co-operative Republic of Guyana  from the resources of the second contribution cycle, aimed at rural agricultural infrastructure development in small scale farming communities anticipated to result in greater investment in the agriculture sector.

Under the first CAP, four farm-to-market roads  were identified for upgrading on the coast the Co-operative Republic of Guyana in two components as follows:

Upgrading All-Weather Farm to Market Access Roads to Paved Roads

Upgrading all-weather farm to market access roads to paved roads - the Parika Village Road and the Ruby Village Road, Region 3

Upgrading of Fair-Weather Farm to Market Access Roads to All-Weather Roads

Upgrading of fair-weather farm to market access roads to all-weather roads - the Kuru Kururu to Laluni Road, Region 4 and the Onverwagt Road, Region 5.

The interventions were financed by a concessionary loan that blended US$6.22 million (EC$16.79 million) from loan resources and US$3.50 million (EC$9.45 million) of grants.  Reports from monitoring missions during 2017 confirmed the expansion of farm investment and production as a result of the intervention.

The second CAP of US$10.43 million (EC$28.16 million), approved on July 21, 2016 and the agreement signed on December 12, 2016, consisted of:

 

Design and Supervision of Works

Design and supervision of works services for the development of rural agriculture infrastructure.

Procurement of Equipment

Procurement of equipment for the development of rural agriculture infrastructure.  

The interventions targeted four rural agricultural communities on the East Coast - Ithaca, Buxton, Presidents College and the East Bank of the Demerara River - Mocha.  The interventions are being financed by a concessionary loan which  blended US$6.62 million (EC$17.89 million) from loan resources and US$3.81 million (EC$10.28 million) of grants.  During 2017, contracts for all the major works and the equipment were awarded and the civil works were scheduled to start in 2018.  Disbursements valued US$5.57 million (EC$15.03 million) were made to effect the construction work finalise payments for the equipment.

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