Skip to main content

Funding to repair Sri Lankan bridges

In Sri Lanka up to 210 rural bridges will be built or repaired around the country following a financial deal worth US$44.14 million agreed with the Hong Kong & Shanghai Banking Corporation (HSBC). The deal was arranged between the Sri Lankan Government and the HSBC in a bid to improve rural connectivity. The bridges measure from 6-30m in length and will be built by Cleveland Bridge UK. The plan is for the bridges to be completed within a three year period.
August 8, 2012 Read time: 1 min
In Sri Lanka up to 210 rural bridges will be built or repaired around the country following a financial deal worth US$44.14 million agreed with the Hong Kong & Shanghai Banking Corporation (5791 HSBC). The deal was arranged between the Sri Lankan Government and the HSBC in a bid to improve rural connectivity. The bridges measure from 6-30m in length and will be built by Cleveland Bridge UK. The plan is for the bridges to be completed within a three year period.

For more information on companies in this article

Related Content

  • Sri Lankan highway upgrade
    February 29, 2012
    A key route in Sri Lanka is to see a major upgrade programme following provision of a US$100 million loan by the World Bank (WB).
  • Sri Lanka elevated highway upgrade planned
    May 7, 2019
    Upgrade work is planned for an elevated highway in Sri Lanka.
  • Sri Lanka rural road programme developed
    December 1, 2017
    Sri Lanka is setting out plans for improvements to around 3,400km of rural roads. The work will largely be paid for through a loan from the Asian Development Bank (ADB). The work will cost US$172.1 million in all, of which $150 million will be in the shape of the ADB loan and the remaining $22.1 million coming from the Sri Lankan Government budget.
  • Tunnel or bridge link for Sri Lanka-India?
    June 24, 2015
    Plans are being considered for either a tunnel or bridge to connect Sri Lanka and India. The preferred route would be from Dhanushkodi in India to Talaimannar on the Sri Lankan island of Mannar. Building this 23km link could cost around US$3.62 billion according to estimates. Spanning the Pak Strait with a bridge might leave such a structure vulnerable to tsunami as well as typhoons however. It is worth noting that Sri Lanka’s south western coast was devastated some years ago by a tsunami precipitated by an