News

Five Year National Transport Strategy

All transport programs and projects, including those that are donor and privately sponsored for 2014, will now come underthe 5-Year National Transport Strategy.

Fromthe 15.2 billion kina Budget for 2014, 2.7 billion has been allocated tothe transport sector.

Out of this 2.7 billion kina, 769 million isthe donor funding component.

Prime Minister Peter O’Neill said this is for infrastructure developmentomaintenance and rehabilitation.

Mr. O’Neill said this strategy was in line withthe Alotau Accord.

He said this is aimed to improvingthe delivery of transport infrastructure and services with a view to improvingthe social and economic outcomes ofthe nation.

Mr. O’Neill saidthe construction and maintenance of existing highways, roads and bridges nationwide, is a crucial area.

Out ofthe 2.7 billion kina allocated for the Transport Sector in 2014, 1.6 billion is for maintenance alone.

The remaining funds will go to special case projects such asthe NCD roads, JacksonsInternational AirportoKokopo’s Tokua airport and township,the Lae roads, Mt Hagen and National Highways.

https://youtube.com/watch?v=zwWGeCLeBeM%3Ffeature%3Doembed%26wmode%3Dopaque%26showinfo%3D0%26showsearch%3D0%26rel%3D0

Related posts

Haus & Home – Episode 38, 2013

EMTV Online

Sentient becomes majority shareholder in Marengo Mining

EMTV Online

MPs Attend Health Program at Parliament

EMTV Online

Leave a Comment

error: Content is protected !!