NEWS

$527m For Fiji Roads Authority

After reaching its allocation peak in the past Budget, the Fiji Roads Authority budget for the 2016-2017 Budget has now gone down. It however continues to still be the biggest
23 Jun 2016 13:24
$527m For Fiji  Roads Authority
Recent road construction by the Fiji Roads Authority.

After reaching its allocation peak in the past Budget, the Fiji Roads Authority budget for the 2016-2017 Budget has now gone down.

It however continues to still be the biggest chunk of budget allocation of $527.2 million. With this allocation, much of the focus will now be in major road upgrades in the rural and urban areas.

FRA was allocated $653.8 million in the 2016 Budget (January to December 2016).

However, the realignment of Government’s financial year (August 1, 2016 to July 31, 2017) saw FRA’s budget revised to $189.3m for the 2015-2016 financial year.

Most of the resources were diverted towards Tropical Cyclone Winston rehabilitation works.

Also, the lower budget of the 2015-2016 financial year implies that some of the large projects that was ongoing is now complete.

These projects were the Nabouwalu-Dreketi Road Upgrading project, Buca Bay Upgrading project and Sawani/Serea Road Upgrading project.

In this new financial year, FRA is allocated $16.6m for operating costs and a major chunk of $510.6m is for capital projects.

However, the highest priority in FRA’s strategy is ‘good stewardship’ of the existing roads, bridges and jetties.

Without ongoing maintenance and regular replacement, these assets would quickly fall into disrepair.

To ensure that ‘good stewardship’ outcomes are achieved, FRA is currently undergoing a transition which includes increasing the capacity within FRA to drive results.

Routine maintenance and renewal of worn-out roads and bridges is at the heart of FRA’s strategy.

Since the establishment of FRA in 2012, Government had undertaken an ambitious investment plan to improve the condition of the road network and build new roads for economic growth.

Feedback:  rachnal@fijisun.com.fj

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