Workers at the LBI Housing Scheme (Photo: Central Housing and Planning Authority/ August 4, 2023)
Additionally, a private developer is building both a mall and a hotel near the housing scheme.
With the developments there, Croal said, “LBI will be one of the more prime housing schemes that you will find.”
Further east, at La Reconnaissance, at least 1,300 house lots are being developed over a vast tract of land. Croal said 100 low-income houses will be finished there before year end, allowing families to move in soon.
A section of the scheme has been cleared for a new highway, which will connect a number of schemes along the East Coast to the Aubrey Barker Road in Georgetown.
In addition to the continuing infrastructure improvements, which include roads, bridges, and drainage in scheme across the East Coast of Demerara, the route and alignment works have commenced for the highway, connecting Enmore/Foulis to Aubrey Barker Road.
The ongoing phases of development for both projects are valued at about $4.6 billion; works at LBI cost some $2.1 billion while the development at La Reconnaissance is worth about $2.5 billion.
In both areas, the Guyana Water Incorporated (GWI) will be drilling wells to guarantee that the new residents have adequate access to potable water.