India to Supply Dornier Do-228s to Guyana Defence Force with $23.27 Million Loan

The Guyana Defence Force (GDF) will receive a significant boost to its operational capabilities after securing a $23.27 million USD loan from the Export-Import Bank of India (EXIM Bank). The loan will finance the acquisition of two Indian-made Dornier Do-228 aircraft from Hindustan Aeronautics Limited (HAL). This deal marks a major step in the GDF's continuing modernization program.

The financing agreement was officially signed on Friday by Guyana's Finance Minister, Dr. Ashni Singh, and Deputy General Manager of EXIM Bank, Sanjay Lamba. The Guyana Ministry of Finance highlighted the role of President Ali's visit to HAL in January 2023 as a key catalyst for the agreement.

The Dornier Do-228 is a highly versatile twin-engine turboprop aircraft highly regarded for its utility and maritime patrol (MPA) capabilities. Its potential roles for the GDF include the transportation of troops and supplies, search and rescue missions, and securing Guyana's expansive coastline. The addition of these aircraft will significantly enhance the GDF's capacity to protect Guyana's territory and its people.

 

[Swanand Kulkarni]

Very good. Now target more African nations

 

[Frank]

Another dronier donated..

 

[NSR]

That is really very good and Guyana has lots of Indian origin people too.
Guyana has immense oil and gas reserves so India should try to get some on concessional terms for long term stability of oil supplies.

 

[charminar_waale_ismail_bhai]

Another dronier donated..

Nobody will buy this relic by paying any kind of money. Free ka milega, toh le lenge.

 

[charminar_waale_ismail_bhai]

Its design looks like made by the same folks who designed Tempo Hanseat (residents of Kota would know).

 

[Apocalypse gupta]

Very good. Now target more African nations

Guyana is a unique case since it is majority Indian origin people. So India has strong ties. ALso India buys oil from Guyana. And guyana is worlds fastest growing economy due to recent oil discovery, and thus has lots of money to spend.

 

[Sandeep]

Nobody will buy this relic by paying any kind of money. Free ka milega, toh le lenge.

It's outside might look like a relic but inside the technology is very modern and it has a wide range of uses for the military and civil service from being a maritime patrol aircraft, EW, cargo transport and passenger airline.

 

[Sandeep]

This is a good decision as they will have to payback the amount they borrowed plus interest and to keep that plane in service for 35-40 years we will earn from the spares, maintenance and service costs. India needs to offer similar deal with key African countries so that we increase our exports in other type of weapons or platforms.

 

[GMR]

Another dronier donated..

Clearly this is not donation as they r taking loan from a financial institution..If u buy a Car on loan from bank, it is not donation by the auto maker..