An Rs 12 bn road development programme, over the next 4 years, is waiting for donor and lending agency funding. An Rs 12 bn road development programme, over the next 4 years, is waiting for donor and lending agency funding. “We have identified and submitted to the government, long term road development projects, for donor funding,” said P Dayananda, General Manager, Road Development Authority(RDA).
The government will use the programme to sell road development projects to donors and lending agencies.
“Reconstruction will be in three stages. Immediate rehabilitation, bringing roads back to pre-tsunami conditions and a long-term development stage,” says Dayananda.
Long term development is billed at Rs 12 bn over the next two to four years.
The RDA hopes to bring roads to pre-tsunami conditions by end of 2005 at the cost of around Rs 5 bn.
At the moment the RDA is pocketing out an estimated Rs 400 mn to bring back tsunami damaged roads to “motorable condition,” from budgeted funds.
“We are using our own funds at the moment. We have not received any additional funds,” said Dayanan