ADB provides additional funds to repair roads affected by Cyclone PamPosted: August 10, 2017
The Asian Development Bank’s (ADB) Board of Directors is providing Vt 840 million (US$8.2M) in total additional financing to continue the reconstruction, rehabilitation, and climate-proofing of roads affected by Cyclone Pam.
The additional funding consists of a Vt 420 million loan and a Vt 420M grant from ADB’s Ordinary Capital Resources and the Asian Development Fund, respectively. The Government of Vanuatu is also contributing Vt 124 million to the project.
“Climate change adaptation remains a main feature of ADB’s support in the Pacific region involving building strong and building back better,” said Emma Fan, Regional Director of ADB’s Pacific Liaison and Coordination Office in Sydney. “The extra funding will help the government upgrade and strengthen the resilience of targeted infrastructure under the project.”
The additional financing will provide further support to reconstruct, improve climate resilience, and disaster-proof the transport sector infrastructure on the Efate ring road in Shefa Province damaged by floods and storm surges during Cyclone Pam in March 2015.
25 damaged sites will be rehabilitated and reconstructed using financing under the updated Cyclone Pam Road Reconstruction Project. The project supports post-cyclone recovery and reconstruction efforts in the transport sector, specifically for rehabilitating roads and bridges.
Some of the civil works planned for the updated project include the construction of four new major bridges and a new concrete structure to address the key points of vulnerability on the Efate ring road. In addition, the project will rehabilitate 16.2km of roads; upgrade 12 major stream crossings and their approach roads; repair damaged bridges, box culverts, and causeways; stabilize a landslip; and realign 200 metres of river training, allowing rivers to run their natural course.
ADB began working with the Government of Vanuatu in 1981. ADB has since approved 14 loans totalling Vt 9.2 billion, 10 grants for Vt 7.2 billion, and 63 technical assistance projects worth Vt 2 billion.
ADB, based in Manila, is dedicated to reducing poverty in Asia and the Pacific through inclusive economic growth, environmentally sustainable growth, and regional integration. Established in 1966, ADB is celebrating 50 years of development partnership in the region. It is owned by 67 member nations—48 from the region. In 2016, ADB assistance totalled Vt 3.3 trillion (US$31.7 billion).