CIE Ltd Signs DBF Agreement for Roads in Gros Islet and Castries North

DPS Calvin Lee, PS Ivor Daniel and CEO of CIE Rayneau Gajadhar

On September 4, 2020, the Contracts for the Design Finance Construct Agreement between the Government of Saint Lucia (GOSL) and Construction and Industrial Equipment Limited (CIE), was officially signed.

Under this project the Contractor, CIE Ltd, a subsidary of Rayneau Group of Companies is responsible for the design, finance and construction of 57 roads (totaling 17.5 km), 36 roads in the district of Gros Islet (totaling 12.2 km) and 22 in the district of Castries North (totaling 5.3 km). 

Of these 57 roads, 43 are to be constructed with asphalt and the remaining 14 are to be constructed in concrete. Along with the pavement construction there will be the associated drainage and retaining wall construction required for each road.

                                                                         A section of the Banse/La Haut Road

The Rayneau Group has a proven track record in handling these types of projects. The Laborie Village/Banse La Haut and the Ciceron projects stand testimony to the quality of work Constuction & Industrial Equipment Limited (CIE) has delivered.

                                                                               Slideshow - ceremony photos

In this “Design-Build-Finance” (DBF) agreement between the Government and Construction & Industrial Equipment Ltd (CIE), the latter assumes responsibility for the majority of the design work, all construction activities, the short-term financing for the entire project, together with the risk of providing these services for a fixed fee.

The Rayneau Group of Companies is pleased to be assisting the Government of St Lucia in bettering our communities. 

WEYOU