The authorities in Sri Lanka's capital Colombo intend to invest in new storm drains in the near future. Photo courtesy of World Highways reader Lionel Rajapakse.
May 28, 2012
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The authorities in Sri Lanka's capital Colombo intend to invest in new storm drains in the near future. Photo courtesy of World Highways reader Lionel Rajapakse.
Sri Lanka is struggling to deal with a road safety problem that is crippling and killing large numbers of its citizens. In the past three decades over 40,000 people have been killed and 68,440 seriously injured in 1,120,848 road mishaps in Sri Lanka according to official reports. Unreported accidents mean that the actual figures may be far higher however. Young people face particular safety problems in the country and in 2011 225 schoolchildren were killed in road accidents while 4,100 others critically inj
A key portion of the funding required for the project to build new tunnels in Sri Lanka has been secured. A loan worth US$199 million is being provided by the Korea Economic Development Cooperation Fund (EDCF) for the project, which will be carried out in the city of Kandy.
A loan from the Asian Development Bank (ADB) worth US$800 million will help pay for a series of major road upgrades in Sri Lanka. The remaining $106 million required for the project will be provided by the Sri Lankan Government. The funding will pay for works to 2,200km of provincial and local roads as well as 400km of national roads. The work will help provide proper road connections to around 1,000 villages, with the loan being supplied in a series of payments. The first $100 million payment will be made
