The government of Saint Vincent and the Grenadines announces the commencement of embankment protection work in the North River and South River.
Through funding from the World Bank, the government signed a contract on January 30, 2018 with the Joint Venture firm Franco Sea Operations Construction for the works in the North River at a cost of XCD 1,620.036.27.
The government also signed a contract on February 1, 2018 with Franco Sea Operations Construction for the works in the South River at a cost of XCD 635,973.71.
The works shall involve the laying of gabion mattresses, the erection of gabion basket walls, the underpinning of buildings and the expansion of a culvert. In North River, the works will be executed from the river mouth on Bay Street to the culvert adjacent to the Singer Warehouse in Block 2000, Old Montrose. In the South River, the works will run from the bridge on Halifax Street upriver to the Paulover turn-off on Murray’s Village Road.
Both projects are being implemented by the Economic Planning and Sustainable Development Division, Ministry of Finance, Economic Planning, Sustainable Development and Information Technology, through the Regional Disaster Vulnerability Reduction Project (RDVRP).
The XCD 183.39 million RDVRP was declared effective by the World Bank on September 9, 2011, and is being implemented over a seven (7) year period that ends on December 31, 2018.
It is 100% financed by credits of USD 46.52 million from the International Development Agency, Strategic Climate Fund Pilot Program for Climate Resilience grants of USD 12 million, a Strategic Climate Fund Loan of USD 3 million and a USD 6.7 million grant from the European Union’s 11th European Development Fund B Envelope.
The project is being implemented by the Public Sector Investment Programme Management Unit of the Economic Planning and Sustainable Development Division, Ministry Finance, Economic Planning, Sustainable Development and Information Technology.