4 Nov 2010

World Bank approves millions of dollars for Samoa

11:45 am on 4 November 2010

The World Bank has approved 11-point-8 million US dollars to support the reconstruction of vital infrastructure in Samoa following the devastating tsunami that hit the country in September 2009.

The project will be financed by a 10 million US dollar International Development Association concessional loan and a US$1.8 million Pacific Regional Infrastructure Facility grant.

The Post-Tsunami Reconstruction Project will support the relocation and rehabilitation of communities on the island of Upolu affected by the tsunami by providing new access roads and rebuilding damaged roads and sea walls.

Ferid Belhaj, World Bank Country Director for Timor-Leste, Papua New Guinea & Pacific Islands said Samoa is extremely susceptible to disasters like the tsunami which devastated homes, families and businesses.

The tsunami caused an estimated 124 million US dollars worth of damage and loss to Samoa.

Over 5-thousand people lost their homes with many families forced to relocate inland.