StockWatch
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Civil Construction
Deals26 Jun 2026, 12:27 pm

Ashoka Buildcon Secures Guyana Highway Project Worth GYD$7.45 Billion

AI Summary

Ashoka Buildcon Limited has announced receiving a Letter of Acceptance for a significant project from the Central Housing and Planning Authority, Guyana. The project involves the construction of a Four (4) Lane Highway from Versailles to Parika, spanning Lot 8. The accepted value for this overseas contract is GYD$ 7,455,455,867, equivalent to approximately 35.42 Million USD. The execution period for this project is stipulated to be 20 months. This development marks a key international business expansion for the company. The trading window for designated persons will remain closed until 48 hours after the declaration.

Key Highlights

  • Ashoka Buildcon awarded a highway construction project in Guyana.
  • Project value stands at GYD$ 7,455,455,867 (approx. USD 35.42 Million).
  • Contract duration is 20 months.
  • This signifies an international project win for the company.