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Road development expenditure increase five fold

Jun 17, 2010 10:51:16 AM - itnnews.lk

The expenditure incurred on road development in the country within four years increases five fold.

The allocation made for road development in 2005 was 18.8 Billion Rupees. By 2009, it soared to 100.2 Billion Rupees. The National Development Centre says this explicitly displays the development taking place in Sri Lanka. Investments made in the “Maga Neguma” and “Gama Neguma” programmes in 2009 surged to 14 percent. The expenditure incurred on bridges and flyovers in 2009 increased from 0.3 Billion Rupees in 2005 to 16 Billion Rupees. 29 Billion Rupees was spent on the reconstruction of the national road network.

In addition 1024 kilometres of Provincial roads and 130 kilometres of rural road had been reconstructed with ADB and Japanese assistance. Another 1636 Million Rupees was spent in 2009 on rural road development. The road network is the mirror of sustainable development of a country. Accordingly, the National Development Media Centre says that making Sri Lanka the “Wonder of Asia” is not a dream.