A contract for close to three million EC dollars has been signed by the Ministry of Transport and Works with Bailey’s Construction Company, for the reconstruction of the Caratal Bridge, which was damaged by the floods of December 2013
The signing took place at a ceremony hosted by the Ministry this morning.
Addressing the event, Minister of Transport and Works, Julian Francis said the design of the new Bridge is of critical importance.
Minister Francis said a temporary bridge will be used while work is being done to rehabilitate the Caratal Bridge.
Financing for the rehabilitation of the Caratal Bridge is by way of a special loan facility from the Bank of St. Vincent and the Grenadines.
The project is for a period of eight months, and the contract is in the amount of 2-million, 999-thousand, 752 EC dollars and 86-cents.