$1.5B in contracts awarded to build new La Penitence Market
Business
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Politics
November 12, 2026
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(Kaieteur News) – The National Procurement and Tender Administration Board (NPTAB) has awarded three contracts totalling $1,516,363,380 for the construction of a new La Penitence Market in Georgetown.
This project is being executed through the Ministry of Local Government and Regional Development and is divided into three lots.
Related coverageGuyana Government Advances Public Construction Projects Across the Country10 reports
According to information recently published on NPTAB website, those awarded the contracts are : (Lot1) M&D Investments for $565,049,331; (Lot2) Mohabir’s Construction for $480,773,958; and (Lot3) North Stone Construction & General Supplies for $470,540,091.
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