STOCK MARKET BSE NSE

World Bank to fund more road projects

This was informed during the high-level meeting between PWD Minister V K Ebrahim Kunju and World Bank South Asia region director John H Stains at the World Bank Headquarters in Washington the other day.

Published: 02nd September 2012 11:59 AM  |   Last Updated: 02nd September 2012 12:36 PM   |  A+A-

roads2LL

 The World Bank has expressed its willingness to fund more road development projects in the state.

 This was informed during the high-level meeting between PWD Minister V K Ebrahim Kunju and World Bank South Asia region director John H Stains at the World Bank Headquarters in Washington the other day.

 According to the PWD officials, World Bank had expressed satisfaction with the first phase of the Kerala State Transport Project (KSTP).

 The WB reportedly gave some suggestions for various road development projects in the state.

 WB suggestions include improving the asset management system of the PWD, introduction of modern parking facilities, widening area of operation of Road Safety Authority and Kerala Road Fund Board (KRFB) and introduction of more Public-Private Partnership (PPP) projects.

 Ebrahim Kunju informed the WB officials that a highlevel meeting would be convened in a week to discuss on ways to improve the operations of the Road Safety Authority.

 He also assured to conduct a road safety audit soon.

 He said that though there were some hitches during the first phase of the KSTP, the second phase was progressing smoothly.

 PWD Principal Secretary P H Kurian, Economic Consular at the Indian Embassy Sukriti Likhi, senior Transport Economist at the World Bank Simion Ellis and KRFB Chief Operating Officer P C Harikesh attended the meeting.

 

Stay up to date on all the latest Kerala news with The New Indian Express App. Download now

Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp