Saturday, April 20, 2024

Grenada gets CDB funding for road project

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Grenada is to receive a grant of £930 000 from the Barbados-based Caribbean Development Bank (CDB) to prepare a feasibility study and detailed designs for the upgrade of the western road corridor. 

Head of Infrastructure Partnerships at CDB, Andrew Dupigny, said that the road, which runs between the capital city, St George’s in the southwest of Grenada, and Victoria in the northern parish of St Mark, is one of three main road corridors in Grenada.

“This road is a critical route for many persons who work in the capital, and it is also an important link for farmers in the north to get their products to the port facilities in the south. Rehabilitation of this road is expected to improve traffic flow, improve road safety, reduce vehicle operating costs and create a more climate resilient road infrastructure,” said Dupigny.

“This project will allow the Government to determine the most cost-effective way to upgrade the road, while taking into account the provision of all-weather road access, improvement in the geometry, stability, drainage features and signage,” he added.

The funds are being provided under the United Kingdom Caribbean Infrastructure Partnership Fund (UKCIF), which is administered by CDB.

UKCIF provides grant financing to eight Caribbean countries eligible for Overseas Development Assistance, and UK Overseas Territory, Montserrat. Additional funding of £70 000 will be provided by the government of Grenada. (CMC)

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