World Bank release US$43 MIllion for PNG Road Projects
PRESS RELEASE Washington, DC, May 3, 2011 – Today the World Bank Board approved a US$43 million credit for the Papua New Guinea Road Maintenance and Rehabilitation Project II (RMRP II). Building on the success of an earlier project, which is set to close in December 2011, this new five-year initiative will continue to support the rehabilitation, upgrading and maintenance of high priority national roads and bridges in the country, and help connect people to vital public services such as healthcare and education. The project is expected to make a significant contribution to the Government of Papua New Guinea’s national road maintenance and rehabilitation program. Lack of reliable roads in the country has affected connectivity, disrupted people’s access to essential public services in many parts of the country and hindered economic growth, as transporting goods and people becomes impossible, unsafe, or exceedingly costly. The RMRP II will rehabilitate roads and bridges in several province