GEORGETOWN, Guyana, Sept 26, CMC – Guyana Friday said it is defending a US$100 million lawsuit during an arbitration proceedings brought against the government by the international firm Smart City Solutions Holdings Inc.
A government statement said that the Attorney General and Minister of Legal Affairs, Anil Nandlall SC, is leading the Guyana delegation that also includes witnesses who will be testifying in the arbitration that is scheduled to be heard before the International Centre for Settlement of Investment Disputes (ICSID) in Paris, France from Monday, September 29 to Saturday, October 4.
“Guyana is being sued for damages of US$100 million arising from a contract executed by the former A Partnership for National Unity – Alliance For Change (APNU-AFC) Coalition Government for the implementation of the Georgetown parking meter project, which was ultimately abandoned following strong public opposition,” the government statement added.
It said that the case was registered with ICSID on December 22, 2021 and that a tribunal to hear the matter was constituted on September 20, 2022, comprising Dr. Campbell Alan McLachlan KC of New Zealand as President, with arbitrators Stephan Schill of Germany, appointed by the Claimant, and Marcelo Kohen of Argentina, appointed by the Respondent. Guyana is represented in the proceedings by the Washington-based law firm Foley Hoag and the Attorney General’s Chambers, the statement added.
CMC/t/ir/2025.