Austrian Company to Begin Int’l Arbitration over Unpaid Hospital Contracts

Govt rejects VAMED claims, vows to fight int’l arbitration

– remains committed to completing both hospitals The Government of Guyana on Thursday rejected allegations made by Austrian healthcare infrastructure firm VAMED Engineering GmbH over alleged unpaid sums and lapsed financing for two major hospital projects: the Guyana Pediatric and Maternity Hospital at Ogle, East Coast Demerara (ECD), and the New Amsterdam Hospital Campus in Berbice. In light of this accusation, the company announced its intenti…

Austrian company to begin int’l arbitration over unpaid hospital contracts

…Govt. rejects “misleading narrative,” vows to defend itself (Kaieteur News) – VAMED Engineering GmbH, a Vienna-based international healthcare infrastructure provider, announced Thursday that it will pursue international arbitration against the Government of Guyana over unpaid, certified costs on two major hospital construction projects — a claim the government has firmly rejected, calling VAMED’s account a “misleading […] The post Austrian comp…

Hospital projects stall as Austrian company heads to arbitration for gov’t unpaid sums

Last Updated on Thursday, 16 July 2026, 23:15 by Writer The Austria-headquartered health sector engineering company, VAMED Engineering GmbH, is preparing to take the Guyana government to arbitration to claim EUR45.3 million it says is overdue for “substantial works” on the construction of two hospitals, but the government reacted sharply saying that the company has […]

Govt rejects VAMED's claims, says will defend its position if arbitration proceedings begin

See full statement from the Government of Guyana: The Government of Guyana has taken note of the press statement issued by VAMED Engineering GmbH regarding the Guyana Paediatric and Maternal Hospital and the New Amsterdam Hospital Campus. The Government categorically rejects the misleading narrative presented by VAMED, which omits critical facts regarding the contractor’s performance […] The post Govt rejects VAMED’s claims, says will defend its…