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RITES Limited Wins $9.7 Million Highway Project in Guyana

RITES Bags $9.7 Million International Highway Project in Guyana

RITES Limited Secures Major International Highway Project in Guyana

RITES Limited has won a significant international contract from the Ministry of Public Works, Government of the Co-operative Republic of Guyana. The project involves providing engineering services for the design, build, and finance of the Palmyra to Moleson Creek Highway (Lot 1-3).


Key Highlights of the Order:

  • Scope of Work: Engineering services for the design-build-finance upgrade of the Palmyra to Moleson Creek Highway (Lot 1-3).
  • Project Duration:
    • 36 months for pre-construction and construction.
    • 24 months for the post-construction defect liability period.
  • Contract Value: USD 9,713,470 (excluding taxes).
  • Promoter Interest: RITES’ promoter, promoter group, or group companies have no involvement with the Ministry of Public Works, Guyana.
  • Related Party Transaction: The contract does not qualify as a related party transaction.

This contract underscores RITES’ expertise in infrastructure development and represents a significant milestone in expanding its international footprint.

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