$344M for feasibility study to redesign Belfield-Rosignol road network
The Government of Guyana has received a grant of $344M from the Kuwait Government for the feasibility study for the redesign of Belfield to Rosignol road network.
The Ministry of Finance on Tuesday disclosed that the money was received from the Kuwait Fund for Arab Economic Development to undertake a Technical and Economic Feasibility Study for the Redesign of the road network.
According to the Ministry, the upgrade will eventually benefit residents of more than twenty-seven villages.
The study, which will be carried out by the Ministry of Public Infrastructure, seeks to solve the issues of deteriorating roads, poor drainage and road safety of communities from Belfield to Rosignol.
“The redesign of the network will ensure enhanced capacity of the roads, strengthen trade and economic development and facilitate new and improved interactions among farming communities. It will also reduce delays and increase user satisfaction,” the Finance Ministry noted.
The Fund, one of Guyana’s development partners, has over the years assisted Government to undertake feasibility studies and designs for the upgrade of road networks within the country.
A similar project was undertaken in 2011 for the upgrade of the Better Hope to Belfield road network.