Guyana Government Defends Hospital Project Decisions | Guyana News

Guyana’s government is firmly defending its decision to step in on two major hospital projects, countering VAMED Engineering’s claims that the government is withholding payments. The Ministry insists it’s been transparent and cooperative, fulfilling its contractual obligations while repeatedly warning VAMED about delays and performance issues. Payments are tied to completed work, not just certifications, and the government has documented VAMED’s repeated failures to meet deadlines and manage resources. Termination followed multiple chances for VAMED to fix problems, all in line with contract rules and dispute procedures. The government also rejects the idea that export credit financing is separate from performance — funding depends on progress. Despite efforts to resolve matters peacefully, Guyana is prepared to defend its actions in any arbitration, backed by evidence of VAMED’s shortcomings and the urgent need to deliver vital healthcare infrastructure for its people. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/ba7accec9c0114ce