By Lodu William Odiya
The Council of Ministers in its regular meeting chaired by President Salva Kiir Mayardit has endorsed a 2 billion United states dollars road development project.
According to a statement that was released by the presidential press unit on, Officials described the initiative as a historic move that will redefine Infrastructure development in the country.
The Cabinet awarded a sovereign guarantee to Shamrock Global Group to construct and improve the over 1,031 kilometres of strategic national roads.
“The Council of Ministers in its regular meeting chaired by President Salva Kiir Mayardit has endorsed a 2 billion USD road development project” the statement partly read.
The massive project would see several major roads improved to asphalt standard, including Juba-Yei–Kaya and Yei–Faraksika–Maridi roads.
The project will also cover Juba–Lobonok–Moli Junction and also Wau–Raja–Boro Medina.
Information Minister Ateny Wek Ateny during a press conference in Juba on Friday said the entire project will cost the government a total of USD 2 billion, with every kilometre costing an average of 2.3 million dollars.
“The plan, proposed by Mining Minister Lasuba Ludoru Wongo, involves the use of gold as collateral, which the government believes will utilise the country’s resource base to fast-track long overdue development agendas” the statement read.
Minister Ateny reiterated that the government is committed to peace and stability, adding that security is fundamental to both the development of infrastructure and the democratic transition of the country.
The $2 billion USD roads project stands as one of the most significant infrastructure undertakings in recent years, a substantial investment in development undertaken with the nation’s most valuable resource.