 ug to get new modern library ug to get new modern library ug to get new modern library webmaster tue 6052018 138 the university of guyana is slated to get a new modern library with funding from the caribbean development bank cbd the government and the university finalized technical aspects of the project in a statement wednesday the ministry of finance said the library will be a genderresponsive sociallyinclusive and environmentally resilient facility the ministry said the cdb had approved us 14998500 in grant funding for the project while the government and the university will contribute approximately us 26  the funding will go towards the preparation of final designs and cost estimates the new library will be situated on a plot of land west of the current library the agreement for the project was signed on tuesday by minister of finance winston jordan president of the cdb dr warren smith and the vice chancellor of the university dr ivelaw griffith the ministry of finance noted that over the years ug has had difficulty accessing funds to maintain the present library its other buildings or to construct newer buildings to cope with its ballooning student population despite this the ministry stated that the university had made incremental changes to the library including the removal and disposal of asbestos from certain areas and the rewiring of the building but these improvements still left the library with other infrastructural challenges the infrastructural enhancement project which will begin immediately will be implemented by ug through the office of the deputy vicechancellor planning and international engagement a project steering committee psc will have responsibility for the coordination and overall guidance of the project the ministry stated minister jordan dr griffith and other senior functionaries of the ministry of finance are currently attending the 48th board of governors meeting in grenada the ministry noted that the partnership between guyana and the cdb most recently resulted in an agreement by the bank to lend its resources with that of the united kingdom caribbean infrastructure fund ukcif to fund the waterfront renewal in georgetown upgrade the first phase of the linden to lethem highway and construct a bridge across the essequibo river at kurupukari the ministry said too that the cdb has also committed an estimated us 6145 m to the 9th cycle of the basic needs trust fund which will be expended on projects and activities that contribute to inclusive and sustainable economic growth reduce poverty in poor and rural communities improve access to criticallyneeded services article adapted from  https newsroomgy 20180530 ugtogetnewmodernlibrary    library ministry of finance caribbean development bank 