US$156M World Bank loan to help modernise Guyana’s transport corridors, boost connectivity and resilience

Guyana’s infrastructure landscape is set for another major transformation through a new US$156 million loan agreement with the World Bank, which will finance the Integrated Transport Corridors Project (ITCP)—a national initiative aimed at modernising transport networks, improving connectivity, and building climate-resilient infrastructure.

The agreement was signed in Washington, D.C., by Senior Minister in the Office of the President with Responsibility for Finance, Dr Ashni Singh, and World Bank Vice President for Latin America and the Caribbean, Susana Cordeiro Guerra, on the sidelines of the 2025 World Bank Group/IMF Annual Meetings.

According to the Ministry of Finance, the ITCP will upgrade and rehabilitate key roads and transport links across selected regions, enhancing access to markets, services, and communities. The project also aims to ensure that new and existing infrastructure is better able to withstand natural hazards, providing safer and more reliable movement for citizens and goods.

In his remarks at the signing, Dr Singh said the project will make a “tremendous contribution” to the Government’s broader efforts to expand and modernise the country’s transport networks.

“This project has the potential to help unlock increased production and productivity in our non-oil economy—such as through farm-to-market roads that facilitate both production and trade—as well as to improve connectivity between communities,” the minister stated.

The project is closely aligned with Guyana’s national development strategy and the People’s Progressive Party/Civic’s (PPP/C) 2025–2030 manifesto, targeting six key objectives:

  • Boost agricultural exports and food security through improved market access.
  • Unlock housing and tourism potential by opening access to new development areas.
  • Reduce traffic fatalities through better road design and safety features.
  • Facilitate economic growth by enhancing the efficient movement of goods and people.
  • Improve access to essential services such as health and education.
  • Strengthen climate resilience through sustainable infrastructure solutions.

The project forms part of the government’s wider strategy to sustain rapid modernisation and economic expansion. Over the past five years, the PPP/C administration has implemented some of the most transformative infrastructure projects in Guyana’s history, including new bridges, highways, and urban corridors that have reshaped national connectivity.

Among recent achievements is the new Demerara River Bridge, linking Regions Three and Four, which was commissioned earlier this year. Construction of a new Berbice River Bridge—designed to support cargo transport and industrial expansion in Region Six—is expected to begin shortly.

Looking ahead, the government plans to continue its aggressive 2025–2030 infrastructure agenda, which includes:

  • The Linden–Lethem Highway upgrade, with new bridges at Kurukupari and Puruni.
  • Completion of the Linden–Soesdyke Highway upgrade.
  • Construction of a four-lane highway from the East Bank of Demerara to the Cheddi Jagan International Airport (CJIA).
  • Completion of the Land of Canaan–Silica City–CJIA corridor.
  • And the highly anticipated Corentyne River Bridge, being built in partnership with Suriname to enhance trade and cross-border cooperation.

Through the ITCP and its broader infrastructure programme, the Government says it remains committed to ensuring no region is left behind in the push toward national transformation, economic diversification, and improved quality of life for all Guyanese.

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