Gov’t considers buying $45 million shares in Berbice Bridge
The management of the BBCI has now indicated a willingness to accept the government’s proposed $40 million subvention for reduction of its toll
The management of the BBCI has now indicated a willingness to accept the government’s proposed $40 million subvention for reduction of its toll

The government is considering an offer by Demerara Distillers Limited (DDL) to buy its shares in the Berbice Bridge Company, Prime Minister Moses Nagamootoo has announced.The company has offered to sell its shares for $45 million, Nagamootoo stated.
The Bridge Company has stalled the government’s move to reduce the toll to cross the Berbice Bridge. The company’s shareholders are still considering the matter. The government had offered to offset any losses the company would have made in reducing the toll.
To ease the transportation burden, a river taxi service was introduced.

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