Gov't earmarks US$3.5m for transport management system
The government is earmarking US$3.5 million to implement a Universal Transport Management System.
The system will include telematics to help model, plan, operate and monitor traffic flows along Kingston’s major arteries.
The funding is part of a US$40 million loan being provided by the Inter-American Development Bank (IDB) to finance government's Energy Management and Efficiency Program (EMEP).
The contract for the loan was signed at the Ministry of Finance on Friday.
The Japan International Cooperation Agency is providing US$15 million of the loan amount and the European Union Caribbean Investment Facility is funding the remaining US$10 million as a grant.
The funding for the transport system will also cover the cost of training and coaching for National Works Agency staff to operate and maintain these systems.
It is expected that these measures will reduce congestion, curtail air pollution, save fuel, and ameliorate the low productivity attributable to gridlocked streets.