CDB Officials To Visit For Launch Of $15M Road Rehabilitation Project
BVI Platinum News
Updated: July 20, 2012 8:05 am AST
Published: July 19, 2012 1:27 pm AST
Photo Credit: Melissa Edwards/BVI Platinum News
Officials from the Caribbean Development Bank (CDB) will be in the Territory to witness the official kick start of its $15.7M loan to the BVI government which was recently released.

The loan is for the purpose of financing the infrastructural rehabilitation project following damages caused by Tropical Storm Otto.

During the National Democratic Party (NDP) radio programme this week, government officials disclosed that they are preparing to launch the CDB programme which will take place month end and CDB officials will be on island.

officials also disclosed that following the launch works will commence within a month on the priority areas identified.

According to a press release from CDB regarding the BVI loan approval, the Board of Directors of the CDB approved a loan to the Government of the BVI equivalent to USD 15.67 million for a natural disaster management project.

Approval was granted at a meeting of the board in Port of Spain, Trinidad and Tobago. The project is designed to assist the BVI in rehabilitating infrastructure damaged by Tropical Storm Otto, while reducing risks associated with heavy rainfall.

According to the bank, this assistance will have three main components - rehabilitating and reconstructing road and drainage infrastructure to internationally acceptable standards; providing institutional strengthening by conducting a drainage assessment for storm-water flood risk reduction in the Road Town catchment area; and providing assistance for drafting regulations pursuant to the Physical Planning Act, 2004.

The project will be implemented by the Ministry of Communications and Works and infrastructure works will be undertaken on Tortola, Virgin Gorda and Jost van Dyke.

Dr. Drexel Glasgow has been appointed as Project Manager to oversee all projects to be executed under the loan.

On May 18, the Premier Hon. Dr. Orlando Smith announced that the United Kingdom granted approval for the BVI Government to go ahead and accept the $15.7 million CDB loan for the rehabilitation of roads and drainage structures across the Territory. The approval came May 14 via a letter from the UK Minister for Overseas Territories, Henry Bellingham, MP.

Premier Smith had said that the approval is a testimony to the new mature relationship between the BVI Government and the United Kingdom.
The loan, which was approved by the CDB last year following an application from then Virgin Islands Party (VIP) Government, was held up by the United Kingdom Government.

Premier Smith has stated that the delay was due to concerns about the BVI breaching the borrowing guidelines between the BVI and the United Kingdom.
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  • Readers' Opinion
will there be a distinction between public roads and secondadry roads which are dirt? long bay beef and smugglers should be kept dirt to keep character.
July 20 at 11:45am  |  Like ▪ 1 Person like this.   Dislike
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Johnson & Wales! | Report Abuse
I agree with "BVI Buzz"... It just would not make sense. You mean to tell me that after a little rain, the roads are spoiled? The local company does not possess the "know how" as it is obvious from their track record. Roads in the US are done with the same Asphalt, and some... more
July 20 at 8:45am  |  Like ▪ 2 People like this.   Dislike
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yes but | Report Abuse
aint frazer say is he money to spend as it was he and ralphy who went begging it from barbados ! good thing it was not approved for the vip to squander once again !
July 19 at 8:03pm  |  Like   Dislike ▪ 1 Person dislike this.
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Please | Report Abuse
Please make sure that the asphalt is the correct temperature. Makes no sense that asphalt is in the truck and workers stop by a bar to 'fire a couple' while the asphalt cools and renders it useless for laying on the roads.
July 19 at 4:09pm  |  Like ▪ 4 People like this.   Dislike
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Deh Watcha | Report Abuse
Hehehehehe

Not one yuh kno. 'fire a couple'
July 19 at 8:55pm  |  Like   Dislike
Word of advice | Report Abuse
Please do not wait until the rainy season to lay asphalt. It will not last. The weather is already starting to change.
July 19 at 3:59pm using an iPad  |  Like ▪ 4 People like this.   Dislike
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propper management | Report Abuse
Propper construction management required
July 19 at 3:01pm  |  Like ▪ 6 People like this.   Dislike
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ooooo | Report Abuse
same money ndp voted against...bunch of.....
July 19 at 2:58pm  |  Like ▪ 2 People like this.   Dislike ▪ 1 Person dislike this.
Reply
++++++A | Report Abuse
u just upset your croonies aint get it and u aint get ur cut.. pity!
at least we know the work getting done, instead of another study like feasibility report for $500,000 on the motor cycle track aint getting done
July 19 at 5:48pm  |  Like ▪ 2 People like this.   Dislike ▪ 1 Person dislike this.
@ooooo | Report Abuse
yes becos vip dem cant show no financial report for years ! where all de money gone ? up until now i aint see no account of all that money gone missing !
July 19 at 8:10pm  |  Like   Dislike
troll master | Report Abuse
ndp aint tired wasting the money again
July 19 at 2:43pm  |  Like   Dislike ▪ 2 People dislike this.
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Buzz Bvi | Report Abuse
Can somebody remind Hon. M Vanterpool that on May 14 he said Georgie Hill Road repair work was to be completed by July 31.
He also stated that money had at that time already been allocated.
He might need to be reminded that it is only 12 days away.
July 19 at 2:17pm  |  Like ▪ 3 People like this.   Dislike
Reply
why is it so far fetched that contractors and officials do their homework by seeing what was done on another island that is working? that is not to say they are getting others to do the job, but just making sure it is done right. I think it is short-sighted not to do as much dilligence as... more
July 20 at 11:43am  |  Like   Dislike
Buzz Bvi | Report Abuse
Can we find some new contractors to do the road works as the work in the past has not been up to it.
There are people in St Thomas and St John who know how to build roads very well. They went through the same Otto as we did. A Ministerial trip to St john and St Thomas with car hire would cost... more
July 19 at 2:05pm  |  Like ▪ 14 People like this.   Dislike
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Please note that the comments posted are the views and opinion of the commentor and do not in any way represent the views or opinions of the management and staff of Virgin Islands Platinum News and its parent company Platinum Investors Limited.
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