There was some concern about vandalism in Surinam affecting this project but this appears not to be the case according to Stabroek News.
According to the original news release from Global Marine Systems this cable when completed this year will "ultimately have the potential to increase current telecom bandwidth to more than 3,000 times what is currently available in these areas". Note that the initial bandwidth is not specified but presumeably will depend on what GTT pays for.
The name of the project is misleading since it is really connecting Trinidad and Guyana as well as Trinidad and Suriname. It appears that the only connection between Guyana and Suriname is via Trinidad. Of course it is the Trinidad connection we are mainly interested in since that provides the increased bandwith to the international internet services. See the nice map at Columbus Networks which connects the Trinidad end.
Affordable streaming video at last? Currently we are paying US$50 for a nominal 128Kb DSL service. No word yet on how the new bandwidth will improve DSL services to consumers.