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GOV'T, EC SIGN
FINANCIAL AGREEMENT FOR UPGRADING ROADS |
The Government and
European Commission (EC) have signed a financial agreement
under which the EC will provide about M212 million for
upgrading and strengthening of 110 kilometres of selected
portions of Lesotho's paved road network.
Minister of Finance and Development Planning, Dr Timothy
Thahane signed on behalf of the Government, while the
European Commission was represented by Mr. Peter
Christiansen at the occasion held at the Ministry's
boardroom on Wednesday.
Addressing the media after the signing, Dr Thahane said the
selected portions include a 65 kilometres road of Main South
One Road from Ha Matala to the Mafeteng roundabout, a 15
kilometres from Main North One Road from Lakeside Traffic
Lights to Maqhaka.
Others are a seven kilometres road from Hleoheng to Seretse
Khama junction as well as six kilometres from Peka Town to
Peka Bridge and 18 kilometres from Ha Moruthane to Morija
via Matsieng.
Dr Thahane said the financing agreement is testimony to the
long-standing and growing development cooperation and
partnership between Lesotho and Europe.
"In this regard, he said, it may be recalled that in the
recent past, a number of financing agreements were also
singed by the Parties under which the EC would provide
grants to Lesotho amounting to M270 Million to support
transport infrastructure, orphans and vulnerable children
and improvements in public financial management."
He further said the upgrading and strengthening of the 110
kilometres of the paved road network underscores
Government's commitment to construct, rehabilitate and
maintain roads to open up access to basic services and
reduce the cost and risk of doing business. This, he said
stimulates
economic growth and reduce poverty.
On the other hand, Mr. Christiansen said having been
constructed some 40 years ago, the state of the roads have
gradually deteriorated with major potholes exacerbated by
water volumes in the rainy season.
'The degraded state of the surfaces of these roads poses a
safety hazard as well as resulting in traffic congestion,
delays and high costs to operators and passenger,' he
commented.
He said the aim of the project is to upgrade the paved
surfaces, rehabilitate drainage structures along the roads
and make major junctions safer.
Mr. Christiansen also emphasised the need for the government
to maintain the roads properly and pledged further support
to the government on other projects next year.
The work on the upgrading of these selected portions is
expected to commence in 2008 and be completed in 2011,
following the completion of bidding process for construction
companies.
Source: LENA 05/09/2007 |