OFFICIALS from The World Bank have made a courtesy visit to the Prime Minister Hon. Manasseh Sogavare MP at the Office of the Prime Minister and Cabinet this week.
The purpose of the visit was to update the Prime Minister on the progress in the World Bank- funded projects implementation as well as to discuss possible World Bank support under IDA19.
According to Mr. Guido Rurangwa who is the Country Representative for Solomon Islands and Vanuatu, the World Bank has allocated US$111 million to Solomon Islands under the 3 year- IDA 18 cycle (July 2017- June 2020).
He stated that this amount was expected to finance projects to be prepared during the 3-year period and approved by the World Bank Board by June 2020.
“The good news is that to date, US$101 million have been committed over the last two years on four projects”, he stated.
These 4 projects are such as;
- the community Access and Urban Enhancement Services (CAUSE) project to finance community basic infrastructure and services including transport infrastructure, waste management and cleaning services in Honiara, Auki, Gizo and Noro;
- the Solomon Islands Electricity Access and Renewable Energy Expansion Project (SIEAREEP) to increase access to grid-supplied electricity while also increasing the share of renewable energy;
- the Solomon Islands Road and Aviation Project (SIRAP) to improve the safety and security of Honiara International Airport and Munda Airport including a new terminal upgrade and maintain a 232- kilometer road network in Malaita Province including four new bridges; and
- the Urban Water Supply and Sanitation Sector Project to help rehabilitate and expand water production and treatment systems across Honiara, Auki, Gizo, Noro and Tulagi; develop a new water supply system in Munda; and connect an additional 40, 000 of Honiara’s most in-need people to a more efficient water supply network.
Implementation of each project will take about 5 years to complete.
Mr. Rurangwa also congratulated the Prime Minister for the Government’s wise use of the International Development Association (IDA) funding.