$1.5 billon dollars is the price tag being given by Health Minister, Terrence Deyalsingh, for the construction of the new Point Fortin Hospital.

He said the project is forty-two percent complete, work is on-going and all is being done by the design\ build contractor to ensure the development is finished on time.

However, he claimed that under the previous administration mobilized a contractor on the site without executing a government to government agreement and without finalizing the funding arrangement for the hospital with the government of Austria for the project.

Minister Deyalsingh said the state was able to save millions of dollars after being able to renegotiate details surrounding project management fees.