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Guyana Government vs VAMED Engineering | Guyana News
Guyana’s government is fiercely countering Austrian firm VAMED Engineering’s claims of unpaid bills for two major hospital projects, asserting that VAMED’s performance failures, delays, and unmet milestones—not expired financing—are to blame. While VAMED threatens international arbitration, the government insists it’s protecting public funds and vows to defend its position, citing documented concerns and contractually mandated termination notices. The dispute isn’t just financial—it’s about accountability, with both sides accusing the other of misrepresenting facts and undermining vital…
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