Caribbean Energy Project

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Caribbean Energy Project

Major Caribbean Energy Project Closer to Launching Construction

A massive hydropower energy project is closer to becoming a reality, President Donald Ramotar said.

The Amaila Falls Hydro Power project is set to “achieve financial close and commence construction” with months, Ramotar said last week.

The President said that the government of Norway had transferred $80 million in earnings from its partnership with Guyana to the Inter-American Development Bank to fund part of Guyana’s equity share in the long-awaited project.

The Amaila Falls project involves the building of a hydropower plant at the confluence of the Amaila and Kuribrong rivers in west-central Guyana.

The plan is for electricity from the plant to be delivered to the country’s capital, Georgetown, and its second-largest town, Linden.

Source: Caribbean Journal

More Info: http://tinyurl.com/q2vmtj5

Moving Abroad Checklist

Initial Considerations

Will your partner be travelling with you?

If so, what will they be giving up in your present home and will they be able to continue with their career in your new home? You will need to check whether a separate visa is required for your partner to work or if your visa gives that right. If they are unable to work you will need to decide on the effect on your finances and what alternatives are available to give a fulfilling life (home business, training, voluntary work).

Are you taking family with you?

Moving with family raises many exciting opportunities, but also can create challenges. The HSBC Expat Explorer survey indicates that expat kids can take six months to settle in to their new country (see article). Getting young or even older children to prepare to move and leave their friends and family behind can be a challenge and should be thought through.

The options for education is another area that needs to be thought through.

Moving your child to a new country with a different education system can be a great opportunity to broaden their experience, but if they are close to key exams the timing can make this inadvisable. If you do take your family with you, it is important to decide between joining the local school system or choosing an international school.

Where will you be living?

Whether you will be living in a house or apartment, furnished or unfurnished, these decisions will affect what you need to take with you. The time you are planning to live overseas will also affect whether you should leave your property at home empty, rent it out or sell it. See the article Sell, Store or Ship.