– Partnerships with banks, institutions explored to strengthen homeownership
The Ministry of Housing, through the Central Housing and Planning Authority (CH&PA), is inviting Expressions of Interest (EoIs) from qualified developers to design, finance, and construct a healthcare-focused, mixed-use development hub within Silica City, the country’s first smart and sustainable city along the Soesdyke/Linden Highway.
The initiative aims to integrate modern healthcare services with commercial and residential spaces, supporting the city’s vision of innovation, sustainability, and improved quality of life for its residents.
Conceived in 2009, Silica City is set to be Guyana’s first modern, sustainable city. Over the next two decades, it is envisioned to grow to accommodate more than 12,500 households.
In its first five years, the city is expected to cater to just over 3000 households, all of whom will enjoy access to high-end developments, including smart homes equipped with the newest energy-saving technologies.
Located approximately 40 kilometres (km) from Georgetown and 5 km from the Cheddi Jagan International Airport, Silica City is designed as a climate-resilient urban ecosystem that integrates innovation, nature, and smart technology.
The proposed Healthcare Hub will span 80 acres and include a state-of-the-art hospital and speciality medical facilities, innovation and research centres, a university campus, and residential development consisting of approximately 580 households. The project will also incorporate integrated green spaces, parks, and ecological landscapes to ensure a sustainable and environmentally friendly urban environment.
The Ministry emphasised that proposals must demonstrate strong environmental sensitivity, efficient land use, and the integration of renewable energy and smart infrastructure, such as solar panels, electric vehicle charging stations, and energy-efficient building systems.
To be eligible, developers must submit company registration, tax compliance, and incorporation documents, along with audited financial statements for the past three years. EOIs should also include a list of similar completed projects and qualified personnel, a statement outlining the proposed financing plan and cost estimates, and a detailed design concept with a work plan and sustainability approach.
All submissions must be received on or before November 21, 2025, addressed to the Chairman, Board of the Central Housing and Planning Authority, at 41 Brickdam & United Nations Place, Georgetown, Region Four. For clarifications, interested parties may contact the Office of the Chief Executive Officer at 226-2265, Monday to Friday, between 09:00h and 15:00h. The CH&PA reserves the right to accept or reject any or all EOIs without assigning reason.
Meanwhile, in its commitment to constructing 40,000 homes within the next five years, the Ministry forges ahead by deepening collaboration with several financial institutions to help Guyanese families achieve the dream of homeownership.
On Tuesday, a high-level meeting took place between the Ministry’s leadership and representatives from several major banks to strengthen coordination, address existing challenges, and identify new partnership opportunities within the housing sector.
Leading the discussions were subject Minister Collin Croal; Minister within the Ministry Vanessa Benn; Permanent Secretary Bishram Kuppen; and CH&PA’s Chief Executive Officer (CEO) Dr Martin Pertab, along with senior management officials.
Representatives from the New Building Society (NBS), Republic Bank (Guyana) Limited, Guyana Bank for Trade and Industry (GBTI), Citizens Bank Guyana Inc, Demerara Bank Limited, and Bank of Baroda provided valuable insights and recommendations aimed at streamlining the financing and construction processes for homeowners.
The meeting was constructive and solution-orientated, highlighting the shared commitment of all parties to eliminate bottlenecks and improve service delivery. Croal reaffirmed the Ministry’s focus on enhancing efficiency and accountability across the housing sector, noting that strengthened collaboration with the Land Registry will support faster processing of Certificates of Title and Transports.
Meanwhile, CEO Dr Pertab outlined the agency’s plans to implement improved oversight and quality assurance measures for home construction, ensuring that Guyanese homeowners receive durable and high-quality houses.
The engagement concluded positively, with both the Ministry and participating financial institutions pledging to continue their collaboration to make homeownership more accessible, affordable, and efficient for all Guyanese.
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