WB provides $ 100 million:
Major funding for roads
The World Bank signed an agreement with the Sri Lankan government
yesterday to provide US $ 100 million in additional financing for the
Sri Lanka road sector Assistance Project to support the government to
continue creating an efficient national road system and lower
transportation costs to maximize opportunities and growth.
This project will improve connectivity to the Northern and Eastern
provinces and assist the government to accelerate and reap the benefits
from the cessation of the conflict.
This assistance is being provided to improve and upgrade 134 km on
the East-West corridor of the A6 from Ambepussa to Dambulla and Kantale
to Trincomalee in two phases. The funding is provided as additional
finance to the original project which has already improved and completed
over 620 km of national roads spread across eight provinces.
The project aims to provide funding for maintenance of the existing
national road network through the road maintenance trust fund and
complement the funding currently being received from the consolidated
fund. A major focus of the project is also to strengthen the processes
and implement a strategy within the Road Maintenance Trust Fund which
will enable the Road Development Authority (RDA) retain the improved
network in a maintainable condition.
The project will also support the government’s strategy and action
plan on road safety. The project has also been designed based on the
experiences from the completed parent project with focus on the
empowerment of the RDA. Within this context, the engineering designs on
the project have been completed by the RDA supported by an independent
review.
The project is also piloting the supervision of the civil works to be
carried out by the RDA on the Kantale-Trincomalee section. All
preparatory work on the project has been carried out by various
divisions of the RDA without assistance from consultants.
Through the process of advance procurement carried out in the
project, the contracts for phase I (Kantale-Trincomalee) are expected to
be awarded in early May this year and completed by August 2012.
Phase 2 of the project is expected to commence towards the end of
this year. The road sector assistance project follows a series of
support initiatives that have been designed to improve Sri Lanka’s road
system working in co-ordination with the Japan Agency for International
Co-operation (JICA) and the Asian Development Bank (ADB) as outlined in
the National Road Sector Master Plan. |