Fiji Time: 11:22 PM on Thursday 18 January

Fiji Times Logo

/ Front page / News

Capital works

Torika Tokalau
Thursday, January 30, 2014

THE Fiji Roads Authority has set aside $212million for capital development projects in their 2014 budget.

Capital development has been given the highest provision following the $454.7m allocation from government, an increase from $420m in 2013.

"Capital development projects are when assets are created that did not previously exist, or an existing asset is upgraded to provide a level of service in excess of current delivery," FRA CEO Neil Cook said.

"With continued commitment from government, we will deliver Fiji a world standard network that is a world leader in integrated and co-ordinated management of infrastructure."

Maintenance of existing assets has been allocated $74m. This, Mr Cook explained, was for pothole repairs, reinstatement of road markings, spot metalling and grading unsealed roads, and replacing bulbs in streetlights.

FRA has also set aside $145m for renewal activities in 2014.

"When the cost of maintaining an asset becomes uneconomic, then it is replaced with one similar, such as occurs when a sealed road is rebuilt, or a bridge is replaced."

Flood damage and emergency response have been allocated $23.6m, an increase compared to the $10m that was allocated for several years.

Mr Cook said the increase in budget allocation from government for 2014 enabled them to continue, without interruption, the program to rebuild a world-class road network.

"FRA takes very seriously the responsibility we have to deliver on government's vision for Fiji, as it relates to the roading network and all it contributes to communities and the economy."








Fiji Times Front Page Thumbnail

Kaila Front Page ThumbnailFiji Times & Kaila Frontpage PDF Downloads

Use the free Acrobat Reader to view.

Westpac
Code Inward TTs Outward TTs
CAD 0.62430.6053
JPY 56.394453.3944
GBP 0.36130.3533
EUR 0.41130.3993
NZD 0.69520.6622
AUD 0.63140.6064
USD 0.50390.4869

from

$0.00

Exchange Rate updated on 18th, January, 2018

Today's Most Read Stories

  1. Trip turns tragic
  2. Mela beats the odds
  3. Tube ride to school
  4. Ill will aside
  5. FLP searches for party leader
  6. Call to save reefs
  7. Konrote joins walk
  8. River swim to reach school
  9. Protecting the Great Sea Reef
  10. Expect hot, humid weather in coming days

Top Stories this Week

  1. Fitting farewell for Bill Friday (12 Jan)
  2. Trip turns tragic Thursday (18 Jan)
  3. Love will keep us together Sunday (14 Jan)
  4. $100 a day Sunday (14 Jan)
  5. Air NZ confirms incident Friday (12 Jan)
  6. Capt William calls it a day after 45 years Sunday (14 Jan)
  7. National strike if no resolution, says FTUC Sunday (14 Jan)
  8. Nadi man dies in crash Wednesday (17 Jan)
  9. Teachers transfer policy Monday (15 Jan)
  10. Man attacks partner Monday (15 Jan)