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Annual Report 2010 - Ministry of Finance and Planning

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<strong>Ministry</strong> <strong>of</strong> <strong>Finance</strong> <strong>and</strong> <strong>Planning</strong> Sri Lanka > <strong>Annual</strong> <strong>Report</strong> <strong>2010</strong>RoadsQuality Roads: Connectivity for AllDue to the changing structure <strong>of</strong> theeconomy <strong>and</strong> increasingly diversifieddem<strong>and</strong> for road transport has risenfaster than that <strong>of</strong> the other transportmodes. In order to meet the growingtransport dem<strong>and</strong> for improved accessto markets <strong>and</strong> services, the Governmenthas made significant efforts to increaseinvestment substantially on roaddevelopment. The investment on roadsector has increased from Rs. 18.8 billionin 2005 to Rs. 108 billion in <strong>2010</strong>. As aresult <strong>of</strong> this large investment, the roadsector alone contributes to 2 percent <strong>of</strong>the GDP in <strong>2010</strong>.Table 1.12 > Investment on Road Development 2005 – <strong>2010</strong>Rs. bnCategory 2005 2006 2007 2008 2009 <strong>2010</strong>Expressways 2.4 6.8 7.7 14.9 24.7 24.7Maintenance 1.8 2.9 3.4 3.1 3.1 6.4Rehabilitation 8.6 16.9 23.7 35.4 48.2 46.3Improvement 2.5 3.0 4.6 6.0 5.5 8.9Upgrading 0.4 1.8 2.4 13 15.3 16.0L<strong>and</strong>2.3 2.3 3.0 2.7 3.0 3.6AcquisitionOther 0.8 1.2 2.1 7.5 3.6 4.1Total 18.8 35 46.9 82.7 100.6 107.8Source: Department <strong>of</strong> National BudgetChart 1.26 > Investment on Road Development 2005 - <strong>2010</strong> Chart 1.27 > Investment Distribution 2005 - <strong>2010</strong>Invesment (Rs. Bn)1<strong>2010</strong>0806040200.81.11.31.52.12.02.52.01.51.00.5Precentage <strong>of</strong> GDPInvesment (Rs. Bn)12090603018.832.846.862.5100.6107.802005 2006 2007 2008 2009 <strong>2010</strong>0.002005 2006 2007 2008 2009 <strong>2010</strong>YearTotal InvestmentAs a % <strong>of</strong> GDPNational RoadsLocal RoadsYearProvincial RoadsTotal InvestmentSource: Department <strong>of</strong> National BudgetSource: Department <strong>of</strong> National Budget51

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