World Bank Approves US$156 Million Road Project to Enhance Guyana’s Infrastructure
The World Bank has approved a US$156 million project to improve Guyana’s road infrastructure, addressing serious road safety concerns. The Integrated Transport Corridors Project focuses on enhancing road resilience against natural hazards, with specific measures for safety and accessibility. Notable infrastructure upgrades are planned to connect regions efficiently and support economic growth while addressing the challenges posed by climate change.
The World Bank has approved a US$156 million project to upgrade Guyana’s road infrastructure in response to the pressing road safety issues and vulnerabilities to natural hazards. The Integrated Transport Corridors Project aims to enhance the country’s transportation network, particularly in coastal regions that are disproportionately affected by extreme weather events. Recent assessments highlight that more than 60% of the road network consists of smaller roads, which are highly susceptible to impacts from climate change, including rising sea levels and increased rainfall intensity.
The project will address critical infrastructure upgrades, such as improving drainage systems, stabilizing slopes, and reinforcing embankments to prevent erosion. It will also enhance road safety by implementing a comprehensive safety assessment, installing crash barriers, and creating dedicated lanes for pedestrians and cyclists. Special attention will be given to areas surrounding schools, hospitals, and markets, ensuring that mobility solutions are inclusive of women and other vulnerable populations.
Diletta Doretti, the World Bank Group Resident Representative for Guyana, remarked, “Guyana’s rapid economic expansion places increasing pressure on infrastructure, while the growing risks from natural hazards, such as flooding and storms, further challenge the country’s systems.” The project is set to prepare Guyana’s transport network to support agricultural activities, tourism, and trade while improving access to essential services.
Guyana ranks poorly in infrastructure quality globally, with significant challenges to its transport sector that hinder economic growth. The nation sits at 134 out of 141 countries in the Global Competitiveness Index and 113 out of 160 in the Logistics Performance Index. The road network comprises approximately 7,970 km, with limited connectivity especially to remote regions, exacerbating issues related to access to markets, healthcare, and education, ultimately affecting food security and productivity.
The project is anticipated to improve linkages between the capital city, Georgetown, and the rest of the country, particularly through strategic economic corridors that connect to Brazil and Suriname. The construction of new bridges will enhance connectivity and facilitate trade, boosting economic cooperation among Guyana, Suriname, and Brazil.
In conclusion, the World Bank’s financial commitment to enhancing Guyana’s road infrastructure addresses significant safety and environmental challenges. The Integrated Transport Corridors Project not only aims to improve road quality and resilience but also emphasizes inclusivity and accessibility. Ultimately, the project is a critical step towards fostering economic growth and strengthening essential services across the nation.
Original Source: www.stabroeknews.com
