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- Road Rehabilitation Project (Phase III)
Road Rehabilitation Project (Phase III)
Grenada
| Borrower | Grenada |
| Financing Type | Public Sector |
| Instrument | Project Loan |
| Focus Area | Transportation |
| Approved | 10.12.2002 |
| Signed | 30.05.2003 |
| Status | Completed |
| Loan Administrator | KFAED |
| Executing Agency | Ministry of Works, Communications, Public Utilities & Energy (MOW) |
| Co-financiers | KFAED, Government |
| OPEC Fund Contribution (US$m) | 3.00 |
| Total Project Cost (US$m) | 10.00 |
As Grenada Island consists primarily of mountainous terrain, its 1,040 km-long road network is confined to the flatter coastal areas. Only about 400 km are paved, however, and as a result, some sections have deteriorated.
Targeted for rehabilitation, therefore, is the 20.4 km Eastern Coast Main Road, which is located near a key agricultural area inhabited by around 11,000 people. Two important sections of the road will be re-surfaced, worn drainage systems repaired and five bridges rehabilitated.
Once completed, the road’s reliability and safety will improve substantially, allowing agricultural produce to be transported more efficiently and thereby boosting income generation. It is anticipated that tourism, another economically vital sector for Grenada, will grow as well.