The commissioning of the Malavi-Hopper Dredge at Nismes, West Bank Demerara The “bold investment”, Singh said, was made possible through the government’s unwavering support for the private sector. This was the thinking behind GAICO’s decision to add the Malavi-Hooper to its fleet. Singh was keen to note however that the dredging industry was put on the backburner for a few years, but now reinvigorated because of Guyana’s oil and gas succession. Though starting with construction, GAICO has been in the dredging business since 2010, explained Chief Executive Officer Komal Singh, as the need for deeper channels became evident. Its latest contribution is the acquisition of the Malavi-Hopper Dredge, to the tune of US$7.5 million, officially commissioned on Saturday at the company’s Nismes, West Bank Demerara wharf. But now, the company has blossomed into a large-scale venture plugging millions into Guyana’s development. started from humble beginnings with a little bobcat doing small-scale construction. GAICO Construction and General Services Inc.
0 Comments
Leave a Reply. |
Details
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |