Sri Lanka deal for Chinese firm

A US$131 million road contract in Sri Lanka will be handled by Chinese firm Dagang Road Machinery.
February 14, 2012 Read time: 1 min
A US$131 million road contract in Sri Lanka will be handled by Chinese firm 2636 Dagang Road Machinery. The project is for phase II of a road upgrade and has been agreed with the 2638 Road Development Authority of Sri Lanka. Up to 15% of the work will be completed in 2011 should the project progress as planned.

For more information on companies in this article

Related Content

  • 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.
    Read More
  • Sri Lanka Airport runway upgrade
    December 7, 2017
    Sri Lanka’s main international airport now features a new runway surface that will help improve air transport efficiency at the facility The project was carried out successfully, despite a tough time schedule, boosting safety at the airport. This new runway will help increase capacity at the airport, allowing Sri Lanka to develop the tourist sector on which the country depends heavily for its economic growth. The work at the international airport for Sri Lanka’s capital Colombo was carried out with the
    Read More
  • New bridge project for Sri Lanka
    September 30, 2013
    A bridge costing some US$321 million will be built in Sri Lanka to span the Kelani River. This new link will reduce congestion at Baseline Road and in the area of Peliyagoda. The bridge is expected to take three years to construct and will measure 415m long. The project is being funded by the Japan International Cooperation Agency (JICA), which is also funding the design detail and feasibility studies. Meanwhile the Asian Development Bank (ADB) has approved credit $75 million for the construction of roads l
    Read More
  • Chinese funding for Sri Lanka road project
    March 27, 2019
    Funding from China in the shape of a loan will help pay for a major expressway project in Sri Lanka.
    Read More

Highlighted Content