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Guyana Defends Hospital Project Decisions | Guyana News
Guyana is standing firm against VAMED Engineering’s arbitration claims over two major hospital projects, arguing the contractor’s narrative omits critical facts about missed deadlines, resource shortages, and performance failures. The Ministry insists it acted in good faith, met obligations, and repeatedly engaged VAMED on delays — all before invoking contractual rights. They reject the notion that payment certificates equal undisputed debt, emphasizing unresolved issues, contract valuations, and progress-based financing. Guyana warns it will vigorously defend its position if arbitration…
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