📋 Tender Overview
Source of Funding / Amount: Loan: second integrated road investment program
Ordinary capital resources: US$ 200.00 million
On 29 september 2017, the board of directors of the asian development bank (adb) approved a multitranche financing facility (mff) for the democratic socialist republic of sri lanka for the second integrated road investment program totaling $900 million, with an availability period ending in march 2027. The investment program will improve access to the road network in sri lankas rural areas, supporting rural economic and social development. It will upgrade and maintain about 3,180 kilometers (km) of rural access roads to an all-weather standard; rehabilitate and maintain about 406 km of national roads in eastern, northern, uva, and western provinces; and improve the capacity of road agencies with respect to road design and construction, research capacity, maintenance, safeguards, and road safety.
The government plans to establish 2,500 rural development centers as rural economic market hubs. This will be achieved by (i) grouping many villages under identified potential development centers that have access to fully equipped rural economic market units, and (ii) by upgrading or rehabilitating rural access roads. Progress in improving provincial and local authority roads, however, has been relatively slow because of (i) competition for budget allocations, (ii) limited availability of sustainable raw materials, (iii) limited project implementation and maintenance capacity of road agencies, (iv) ad-hoc selection of provincial and local authority roads for improvement in the absence of clear criteria, and (v) insufficient community involvement in rural road development. The investment program will address these issues and improve the connectivity between priority rural development centers and surrounding villages. The government has adopted a two-tier strategy to provide nationwide connectivity by (i) establishing a trunk road network with expressways and well-connected national roads, and (ii) completing a rural road network to connect the rural population to trunk roads efficiently. The public investment programme, 2017-2020 provides policies for the road sector to facilitate the countrys economic growth by creating an efficient road network that (i) connects large and emerging cities, townships, economic centers, and rural hubs; and (ii) ensures safety and equity.
Connectivity between rural communities and socioeconomic centers in sri lanka improved (public investment programme, 2017-2020)
Transport efficiency on project roads increased.
Sector / Subsector: Transport / road transport (non-urban)
