The completion of the $31.9 billion state-of-the-art Paediatric and Maternal Hospital in Goedverwagting, East Coast Demerara (ECD) has been delayed amid ownership changes at the contracting firm, VAMED Engineering.
This was disclosed by Minister of Health Dr Frank Anthony during the Starting Point podcast on Sunday.

“The company has undergone a lot of changes. So originally, it was owned jointly by the Austrian Government and Fresenius, that’s one of these makers of dialysis machines. So, the Austrian Government sold their shares, Fresenius became a 100 per cent owner. Then they sell their shares again too, now it’s a German company. So, because of these, we’ve had some hiccups,” the Health Minister explained.
Nonetheless, he said the Guyana Government continues to engage the firm to ensure the hospital’s timely and efficient completion.
“But we’re working with them to get these projects on track and for them to complete,” Dr Anthony noted.
The contract was signed in June 2022, and the project was initially slated for completion in late 2024. President Dr Irfaan Ali had announced in November 2024 that the company was expected to pay liquidated damages over the delays.
Meanwhile, Dr Anthony noted that once operational, the hospital will significantly strengthen the country’s capacity to deliver maternal and paediatric healthcare services.











