Georgetown's New La Penitence Market Project Estimated at $1.1B–$1.9B; 51 Bids Submitted

Guyana's Ministry of Local Government and Regional Development has received 51 bids for the construction of a new La Penitence Market in Georgetown, with estimated costs between $1.1B and $1.9B. The project will be executed in three lots. This is a routine infrastructure procurement development, with no major geopolitical or market implications.