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 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).
    Read More
  • Sri Lanka highway secures Japanese funding
    September 28, 2017
    A funding package from Japan will help pay for the third stage of Sri Lanka’s key Central Expressway project. The third phase of the Central Expressway project will be constructed by the Japanese firm, Taisei Corporation, with the work taking five years to complete. Financing worth US$883 million is being provided by the Japanese Government for the project. This third stage of the Central Expressway will stretch 32.5km and will connect Pothuhera with Galagedara.
    Read More
  • Sri Lanka and India have toughened enforcement on drink driving
    January 8, 2013
    The authorities in India and Sri Lanka are targeting drink driving in a bid to cut crashes. Both countries have high road accident levels and with high annual fatality rates. In a bid to reduce the annual death toll, similar actions are being taken in both nations that focus on tackling drink driving. Data from Sri Lanka show that in 2012, there were 2,190 reported road-related fatalities and of these, negligence and drunk-driving were the main causes of crashes. But despite increased enforcement of traffic
    Read More
  • 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
    Read More

Highlighted Content